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Modified:
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Xmaster Formula Indicator for MT5 Download – Free [TradingFinder]

$4FreeFor a limited time
Xmaster Formula Indicator for MT5 Download – Free [TradingFinder]
Xmaster Formula Indicator for MT5 Download – Free [TradingFinder] 0
Xmaster Formula Indicator for MT5 Download – Free [TradingFinder] 1
Xmaster Formula Indicator for MT5 Download – Free [TradingFinder] 2
Xmaster Formula Indicator for MT5 Download – Free [TradingFinder] 3
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The Xmaster Formula Indicator combines Moving Average (MA) and MACD to identify trend strength and direction. Xmaster Formula Metatrader 5 Indicator provides Entry Signals for traders using green and red arrows.

A member of the TradingFinder development team said:
"Some users mistakenly search for XHmaster instead of Xmaster [which is designed for market trend identification]. This mistake has caused some individuals to become confused about its functionality and accessibility. The correct name of this tool is Xmaster."

Xmaster Formula Specifications Table

The specifications of the Formula Xmaster Indicator can be seen in the table below:

Category

Volatility - Bands and Channels - Oscillator

Platform

MetaTrader 5

Skill Level

Beginner

Indicator Type

Continuation - Reversal

Timeframe

Multi Timeframe

Trading Style

Intraday Trading

Markets

All Markets

Uptrend Conditions

The price chart of AUD/USD on the 1-minute timeframe is shown below. Thegreen arrow signals a short-term trend reversal and indicates a bullish signal.

In this case, traders can use the green arrow as an Entry Signal to open a Buy position.

Bullish Trend Conditions in Xmaster Formula Indicator
Return points of the uptrend of the Australian dollar against the Canadian dollar with the symbol (AUD/USD)

Downtrend Conditions

The price chart below shows the Nikkei 225 Index (NIKKEI) on the 5-minute timeframe.

The red arrow indicates a trend reversal and a bearish signal, allowing traders to enter a Sell position.

Bearish Trend Conditions in Xmaster Formula Indicator
Downtrend of Formula X Master oscillator in Nikkei 225 index with symbol (NIKKEI)

Indicator Settings

Image below shows the modifications and settings of the Formula Xmaster Indicator:

Indicator Settings
Xmaster Formula Indicator Settings
  • Chart theme: Chart theme
  • Alert on: Enable alerts
  • Alert sound: Sound alert
  • Alert email: Email alert

Conclusion

The Xmaster Formula Indicator combines two powerful tools (MA and MACD) to identify trends and locate entry points for trades.

This tool performs well in volatile markets and provides traders with reliable signals. It is worth mentioning that the XMaster formula indicator MetaTrader 4 can be used effectively in trading.

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FAQs

How does this indicator generate bullish and bearish signals?

The tool displays a green arrow to signal a bullish trend reversal and provide a buy signal. Similarly, it shows a red arrow to indicate a bearish trend reversal and provide a sell signal.

Which markets is this indicator suitable for?

The Xmaster Formula Indicator can be used in all financial markets without any limitations.

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