[MIRA Sales Start] Organize market scenarios from the important price, MT5 analysis support indicator
MT5-specific analysis assistance indicator,MIRA (Multi-Timeframe Scenario Navigator)has started selling.
When watching the market, the lines and indicators multiply, but you sometimes don’t know “which price should I look at now” or “what should I wait for.”
The order MIRA organizes is in three steps:
- First determine the liquidity-important price of SMC
- Wait for how that price was processed on a confirmed bar
- Confirm the current trend with Dow Theory
The guiding phrase is,“Decide the important price first. Wait for the price processing. Confirm the trend with Dow.”.
Do you have these kinds of concerns in market analysis?
- During trading, your head heats up and you forget your own analysis criteria
- You still have no axis for market analysis and are unsure what to base your view on
- Lacking confidence in analysis, you keep searching for new indicators
- You can’t organize important prices and jump in after moves
- You can’t wait at moments to wait, repeatedly entering or cutting losses unnecessarily
- After trading, you often regret, “I did the same mistake again”
If even one applies, what you need is not to add more analytical materials, buta common check order you can return to when in doubtperhaps.
MIRA organizes “where to look” first
Typical SMC indicators display a lot of information such as BOS, CHoCH, Order Block, FVG, Equal High/Low, and zones across multiple timeframes.
Each can be analytical material, but as candidates increase, users must decide themselves “which Zone to look at first.”
MIRA organizes liquidity candidates from the previous day’s/previous week’s high/low, confirmed Swing High/Low, Equal High/Low, and rounded prices,and narrows down to a single essential price to check first.
The “important price” here is not just a line fixed on the chart. From the SMC perspective, compare candidates where liquidity is noticeable and determine the price band to check first at that moment.
We don’t judge merely by touching the price
Arriving at an important price and the price being clearly processed are not the same.
MIRA separates the following states for confirmation:
- Approaching the important price
- Touching the Zone
- Temporarily removing outside the Zone and returning inside
- The close of the confirmed bar settled outside the Zone
- After price processing, the short-term structure rose or fell
By separating the moment of a temporary breakout with a wick and the moment of processing by the actual candle body, we avoid rushing judgments based solely on price arrival,and organize what to wait for next to be confirmed.
Dow is used to confirm the “current trend”
MIRA’s main focus is the liquidity-important price of SMC. Dow Theory is not used to determine another primary price, but to confirm whether the current trend is being maintained or whether the opposite structure has formed.
The clearly confirmed highs and lows, push highs/lows that MIRA uses for internal judgment are linked to a Dow wave pattern on the chart as is. Therefore, the displayed waveform and the trend judgment can be checked in the same structure.
Merely slipping through an important price with a wick or having old push lows/back highs remaining does not constitute the completion of the opposite trend. We confirm the processing of the important price and the formation of the Dow structure in order.
Confirm “what to do now” and “next conditions” in Japanese
MIRA organizes SMC important prices, price processing, and Dow confirmation into one panel.
- What to do now
- Next important price and confirmation timeframe
- How that price was processed
- Current Dow trend
- Next conditions that would change the judgment
- Reasons to skip and re-check when conditions are insufficient
The display leads to current market scenarios such as wait, monitor prices, consider BUY, consider SELL, and pass.
Even when conditions are insufficient, you can check what is lacking without forcing a direction.
Combine MIRA with your own method
MIRA can be used in combination with your existing trading methods.
First, with MIRA, check which important price to look at first, how that price was processed, and whether the Dow trend is maintained, to organize the current market scenario.
Then, judge according to your own method and rules.
Price Action, moving averages, horizontal lines, buying on dips, selling on rallies, etc.—by adding MIRA’s check order to the front end of your current method, it becomes easier to decide whether now is the time to use that method or to wait.
You can also review past judgments
Not only live analysis, but you can reconstruct judgment panels from past points in time.
Review the SMC important price, price processing, Dow structure, and reasons for insufficient conditions from that time, not in hindsight after knowing the results,to see what could have been confirmed at that time.
This is suitable for people like
- Those who easily lose their analysis criteria during trading
- Those who want to first organize important prices as the axis for market analysis
- Those who are confused by the priorities of many SMC indicators and Zones
- Those who want to wait for price processing on the confirmed bar before jumping on price movement
- Those who want to use Dow not as a buy/sell signal but to confirm the current trend
- Those who want to organize why to wait, pass, and next confirmations in Japanese
- Those who want to confirm the current market scenario before using their own method
Product Information
| Item | Contents |
|---|---|
| Product name | 【MT5】MIRA | Analyze price movements by narrowing the important turning points and organize market scenarios |
| Supported environment | Windows MetaTrader 5 (64-bit) |
| Standard profile | Long-term H4 × Short-term M15 |
| Short-term profile | Long-term H1 × Short-term M5 |
| Display language | Mostly Japanese |
| Product page | View MIRA details |
In conclusion
In market analysis, increasing the number of lines is not the key.
Which price to look at first. How that price was processed. Which Dow trend is indicated. And whether to wait, monitor, consider, or skip now.
MIRA organizes this check order into a single market scenario.
If you want to give your discretionary analysis a common standard to return to in moments of doubt, please check the product page for detailed visuals and features.
※This article and MIRA are information/tools to organize market analysis standards and check orders. They do not constitute recommendations to buy or sell specific financial instruments, nor do they guarantee future price movements, profits, win rates, or outcomes. Market conditions, broker, instrument, time frame, price feeds, and users’ methods may affect displays and analytical materials. Final investment decisions are the user’s responsibility.