Market State Pro by Firat Aslan is a professional trading indicator that integrates Federal Reserve Bank (FED) API data with cross-asset flow analysis to provide a comprehensive view of the macro and real-time market environment. It consolidates broker price action and macroeconomic indicators—such as interest rates, yield curve structure, liquidity, credit stress, and volatility—into a minimal, low-latency HUD designed for institutional-style market regime monitoring.

Key features include real-time detection of market regimes, USD pressure and offered pressure tracking, risk-on/risk-off and safe-haven flow identification, volatility and conflict analysis, and live price drift and movement distance readings on short timeframes (M5/M15). The system automatically updates using six macro data packages from the FRED API, covering US Treasury yields, yield curve spreads, Federal Reserve liquidity, credit stress, the VIX volatility index, and an economic release calendar.

Market State Pro supports multiple market regimes such as risk expansion, defensive rotation, USD trends, liquidity stress, panic hedging, and others. It requires minimal user configuration beyond HUD appearance, position, and a free FRED API key. The indicator also offers automatic broker symbol detection and a local price data mode for use without FRED integration.