Xmaster Formula for MT5
- STE S.S.COMPANY
- Version: 4.0
Xmaster formula indicator analyzes the trend. 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.
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The Indicator is displayed in a separate window just below your main trading chart. In other word, It consists of green and red histogram.
Up Trend confirmation :
- The line 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.
Down Trend confirmation :
- The line 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.
You can find Below Our Bestsellers indicators:
|Trend screener Indicator||All in one trend analyzer tool ( Trend Dashboard, Trend reversal alerts...etc)||Click here|
|HV support and resistance indicator||All in one level analyzer tool ( Market Structure screener, Pullback zones...Etc)||Click here|
|Trend Line Map indicator||Addons for Trend Screener indicator to monitor Up and Down Trend performance.||click here|
If you have some questions or if you need help, please contact me via Private Message.
WarningAll our indicators and tools and are available only via the official Metatrader Store ( MQL5 Market ).
SAYADI ACHREF , fintech software engineer and founder of Finansya
This is a very nice indicator.