XAMD and MDX Indicator ICT for MT5: Identify Trend Shifts with Liquidity Cycles

The XAMD and MDX Indicator ICT for MT5 review for 2026 provides a focused performance analysis of a liquidity-cycle approach to price action. In this review and analysis we examine raw outputs, signal timing, and statistical outcomes from live and demo accounts to quantify how the indicator performs under trending and range-bound conditions. XAMD and MDX Indicator ICT for MT5 is unique because it adds a fourth stage, labeled X for Continuation or Reversal, to the traditional AMD framework. That added classification reduces false positives by distinguishing probable continuations from manipulative liquidity hunts. The algorithm scans price history and marks zones where institutional accumulation or distribution is likely, then overlays short-term manipulation bands and the X-stage decision zone. Traders receive boxed visualizations on MT5 charts, with configurable timeframes for higher timeframe bias and lower timeframe execution. XAMD and MDX Indicator ICT for MT5 works best in FX majors and liquid indices where order flow is consistent and manipulatory wicks are observable. The developer, Mehnoosh Karimi, implements parameterized filters for spread, minimum zone size, and confirmation candles so users can tune the indicator to account size and volatility. Risk management is integral to the design: each signal can be paired with a suggested stop based on the box size and a dynamic target derived from recent liquidity points. Expected performance characteristics from backtests and limited live samples show a higher win rate on continuation setups and lower but more stable returns on reversal setups. Overall, XAMD and MDX Indicator ICT for MT5 is best considered a decision-support indicator for traders who combine it with position sizing and trade management rules on MT5.