Xmaster Formula Indicator for MT5 Download – Free [TradingFinder]

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.

Xmaster Formula Specifications Table

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

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.

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.

Indicator Settings

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

• 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.