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Xmaster formula mt4 indicator
Xmaster formula Indicator
A custom MT4 ( Metatrader 4 ) indicator that analyzes the trend and volatility analyzer indicator. In addition, It generates buy and sell signals that work for most currency pairs and timeframes.
In conclusion, we have optimized the formula of Xmaster to be more accurate by adding a volatility analyzer and Multi-timeframe analysis.
Xamster Screener has advanced features like supporting more pairs, indices, crypto..etc, alert generator...etc.
Xmaster Screener Link : https://www.mql5.com/en/market/product/65602
Xmaster Formula mt4 Indicator is displayed in a separate window just below your main trading chart. In other word, It consists of green and red histogram.
They follow the current market trend and you should read them as follows:
- Green Histogram indicate upward price movement, in other word UP TREND.
- Red Histogram indicate downward price movement, in other word DOWN TREND.
Buy signal of Xmaster Formula mt4 indicator:
- Histogram change from Red color to Green color.
- Now open long position after first closed candle meeting above condition.
- Set stop loss to last swing low point.
- Exit the trade / take profit at the arrival of opposite signal – when the Xmaster indicator turns to Red histogram.
Sell signal of Xmaster Formula mt4 indicator:
- Histogram change from Green color to Red color.
- Now open short position after first closed candle meeting above condition.
- Set stop loss to last swing high point.
- Exit the trade / take profit at the arrival of opposite signal – when the Xmaster indicator turns to Green histogram.
Advantages of our Xmaster Formula mt4 indicator
Xmaster formula mt4 indicator 2020
The indicator is a new generation of the famous Xmaster Formula indicator where we have optimized the algorithms during the year 2020 and the year 2019, to be more accurate.
Xmaster formula forex indicator
The indicator can be applied for all forex pairs ( majors pairs, minors pairs and exotics pairs ), also can be used with indices, commedities, metals and cryptos. In conclusion, the indicator can be applied to all types of assests.
Xmaster formula indicator free download
The indicator is available for Free download via MQL5 market only. It can be downloaded directly via MT4 ( Metatrader 4 ) or Via MQL5 market website. In conclusion, it's a free download indicator.
Xmaster formula indicator forex no repaint
The indicator is no repaint indicator at 100%.