From my understanding, you do have the scapular medal of Mary with is the conterpart of the brown scapular. By that I mean, one of the popes said that the medal may be used in place of the brown scapular in certain areas of the world which is is hot or maybe rainy. And in these places the brown scapular would get soggy and maybe mildew. But it any case it would be difficult to maintain a piece of cloth rather than a medal. So he allowed this medal to take the place of the cloth brown scapular.
However, the cloth is not a medal, but only a plain piece of brown cloth with nothing on it, altho it is allowed to have pictures or crosses on it.
The brown cloth is the brown cloth the carmelites wear as sort of a mantilla, that falls down the front and back. And so the medal really does not fit this idea at all, but the brown cloth scapular does somewhat fit this usage. But the pope did allow the medal to be substituted for the brown cloth scapular in some parts of the world. But some still use the medal anyway.
I have the same four way medal you are describing with the our Lady of Mount Carmel on the top and the miraculous medal on the bottom.
I use the miraculous medal in prayer sometimes. If I have a really bad bout with the devil in a temptation, I will hold the medal and ask our Lady that she give me the Great grace that she promised those who would honor her medal. I ask for the great grace and then I trust her to keep her word to me and go about my buisness, and it hasn’t failed me as far as I can recollect. And this is for any kind of temptation. But I do use it and pray with it.
I hope I won’t be presumptious when I say this, but I feel many don’t use their miraculous medal to their best advantage. I think they feel as long as they just wear it, they will do just fine.
But the front of the medal shows Mary as our Lady of Grace, with her hands extended downward, and rays of light coming from her hands. And Mary said that those rays are graces which were given because they were ASKED for. And that some of the rings on her fingers were not giving off light or graces because the graces were not ASKED for. So from this, to effectively use the medal, ASK her for specific GREAT graces and she will grant them upon the promise of her own words. And she said, we must trust her to get them for us. And why would anyone not trust the mother of God?
So you also have the great treasure of the miraculous medal with you as well.
May God bless and keep you. May God’s face shine on you. May God be kind to you and give you peace.