It works on all Timeframe from 1-Minute to 1-Month, but still recommended to use it with small Timeframes if you want to reduce your losses. Xmaster Formula Indicator can be used with all currency pairs, but works best with major pairs specifically in trending pairs as: EURAUD, GBPAUD, GBPJPY and EURJPY.Īccording to developers, Xmaster Formula is universal indicator. Recommendations for Xmaster Formula Indicator: This Pop-up shows the following informations:Ĭurrency pair ↔ EUR AUD, GBP AUD, GBP JPY etc… It offers accurate signals and helps identify potential entry and exit points for trades, enhancing trading strategies and decision-making. When change in trend direction is detected an Alert Window pops up. The Xmaster Formula Indicator is a powerful tool introduced in 2020 and release an improved version during 2021, it designed to assist traders in the forex market. SoundAlert: true / false → enable / disable sound when you change the trend. Traders can enter trades in the direction of the prevailing trend indicated by the indicator. EmailAlert: true / false → enable / disable notification on Email. Trend Following: The indicator’s ability to identify trends makes it suitable for trend-following strategies.Settings of Xmaster Formula MT4 indicator: The Red dots indicate a Downward movement: the market prices decrease.Īdditionally, the indicator displays big Yellow Arrows, which are the main signals of Xmaster Formula and indicate change in the trend direction: they tell us when a new trend is beginning, based on their orientation. Select Open Data Folder from the drop-down menu. Open your MT4 platform and click File in the top left corner of the screen. The Green dots indicate an Upward movement: the market prices are on the rise. To install the Xmaster Formula indicator in MetaTrader 4 (MT4), follow these steps: Download the Xmaster Formula indicator file (it will have a.The dots follow the current market trend and you should read them as follows: It consists of green and red dots arranged in the form of wave line. You can trade it on all currency pairs and timeframes. It is easy to use and can be very profitable too. It generates trading signals in the form of arrows. This is a perfect indicator for trend following, scalping and swing trading. The Xmaster Formula is a very popular forex indicator. The indicator is displayed on separate window just below your main trading chart. XMASTER FORMULA FOREX MT4 INDICATOR Free Download.
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