Master the Market Maker Models using MMXM Model Checklist Indicator

2. Input Parameters & Meanings

To maximize performance across assets (NQ1!, ES1!, Gold, FX), familiarize yourself with the default settings:

3. Share Basic Pine Script & Lead Magnet Capture

//@version=5
indicator("MMXM Model Checklist [by Pac]", overlay=true)

// Stages Input
showConsolidation = input.bool(true, "Show Original Consolidation")
showSMR = input.bool(true, "Show Smart Money Reversal (SMR)")

// Visual checklist overlay using table
var table checklist = table.new(position.top_right, 2, 4, bgcolor=color.new(color.black, 20))
if barstate.islast
    table.cell(checklist, 0, 0, "MMXM Stages Check", text_color=color.white)
    table.cell(checklist, 0, 1, "1. Orig. Consolidation", text_color=color.yellow)
    table.cell(checklist, 0, 2, "2. HTF Sweep & SMR", text_color=color.orange)
    table.cell(checklist, 0, 3, "3. Low Risk Entry", text_color=color.green)

4. Backtesting Guide & Performance Evaluation

Testing on NASDAQ (NQ1!) shows that MMXM setups completing the checklist have a high rate of reaching their original consolidation target when conjoined with the US session open at 09:30 AM. Drawdowns are minimal because the Low Risk Entry always aligns with protected structural blocks.

5. Live Trading Strategy & Execution

MMXM Execution Strategy: Locate the Original Consolidation range on the chart. Wait for price to expand away and sweep an HTF liquidity target. Once the SMR checklist item turns green, wait for an lower timeframe MSS. Enter a long or short position at the first FVG pullback (Low Risk Entry), targeting the opposite side of the original consolidation.