Xmaster Formula Indicator for MT5 Download – Free [TradingFinder]

      
        //+------------------------------------------------------------------+
//| XMaster Formula |
//| Copyright © tradingfinder.com 2023 -2025 |
//+------------------------------------------------------------------+
#property indicator_separate_window
#property indicator_buffers 6
#property indicator_plots 4
#property indicator_color1 clrLime
#property indicator_color2 clrRed
#property indicator_color3 clrYellow
#property indicator_color4 clrYellow

#include <MovingAverages.mqh>

// === Inputs ===
input bool alert_on     = true;
input bool alert_sound  = false;
input bool alert_email  = false;

// === Buffers ===
double tmp[], line[], green_line[], red_line[], up_arrow[], down_arrow[];

// === Global Vars ===
int period1 = 40;
int period2, period3, ma1_handle, ma2_handle, digs;
ENUM_MA_METHOD ma_method = MODE_SMMA;
ENUM_APPLIED_PRICE applied_price = PRICE_LOW;
datetime last_alert = 0;
int stoploss_points = 200;

//+------------------------------------------------------------------+
//| Initialization                                                   |
//+------------------------------------------------------------------+
int OnInit() {
   IndicatorSetString(INDICATOR_SHORTNAME, "Xmaster Formula");
   SetIndexBuffer(0, green_line, INDICATOR_DATA); PlotIndexSetInteger(0, PLOT_DRAW_TYPE, DRAW_ARROW); PlotIndexSetInteger(0, PLOT_ARROW, 108);
   SetIndexBuffer(1, red_line, INDICATOR_DATA);   PlotIndexSetInteger(1, PLOT_DRAW_TYPE, DRAW_ARROW); PlotIndexSetInteger(1, PLOT_ARROW, 108);
   SetIndexBuffer(2, up_arrow, INDICATOR_DATA);   PlotIndexSetInteger(2, PLOT_DRAW_TYPE, DRAW_ARROW); PlotIndexSetInteger(2, PLOT_ARROW, 225); PlotIndexSetInteger(2, PLOT_LINE_WIDTH, 5);
   SetIndexBuffer(3, down_arrow, INDICATOR_DATA); PlotIndexSetInteger(3, PLOT_DRAW_TYPE, DRAW_ARROW); PlotIndexSetInteger(3, PLOT_ARROW, 226); PlotIndexSetInteger(3, PLOT_LINE_WIDTH, 5);
   SetIndexBuffer(4, line, INDICATOR_CALCULATIONS);
   SetIndexBuffer(5, tmp, INDICATOR_CALCULATIONS);
   for(int i=0; i<6; i++) PlotIndexSetInteger(i, PLOT_DRAW_BEGIN, period1+1);

   period2 = MathFloor(period1 / 1.9);
   period3 = (int)MathFloor(MathSqrt(period1));
   digs = Digits();
   ma1_handle = iMA(_Symbol, _Period, period1, 0, ma_method, applied_price);
   ma2_handle = iMA(_Symbol, _Period, period2, 0, ma_method, applied_price);
   return INIT_SUCCEEDED;
}

//+------------------------------------------------------------------+
//| Main Calculation Loop                                            |
//+------------------------------------------------------------------+
int OnCalculate(const int rates_total, const int prev_calculated,
                const datetime time[], const double open[],
                const double high[], const double low[], const double close[],
                const long tick_volume[], const long volume[], const int spread[]) {

   int st = prev_calculated > 0 ? prev_calculated - 1 : 1;
   for(int i = st; i < rates_total; i++) {
      green_line[i] = red_line[i] = up_arrow[i] = down_arrow[i] = EMPTY_VALUE;
      double ma1[], ma2[];
      if(CopyBuffer(ma1_handle, 0, rates_total-1-i, 1, ma1) < 1 || CopyBuffer(ma2_handle, 0, rates_total-1-i, 1, ma2) < 1) continue;

      tmp[i] = 2 * ma2[0] - ma1[0]; // Custom MA logic
      line[i] = i > 50 ? SmoothedMA(i, period3, line[i-1], tmp) : tmp[i];

      if(line[i] > line[i-1]) green_line[i] = line[i];
      if(line[i] < line[i-1]) red_line[i] = line[i];

      // Signal Detection  Alert Logic
      if(green_line[i] != EMPTY_VALUE  green_line[i-1] == EMPTY_VALUE) {
         up_arrow[i] = line[i];
         if(iTime(_Symbol, _Period, 0) != last_alert) {
            last_alert = iTime(_Symbol, _Period, 0);
            double entry = SymbolInfoDouble(_Symbol, SYMBOL_ASK);
            string msg = "Xmaster BUY: " + _Symbol + " @ " + DoubleToString(entry, digs);
            if(alert_on) Alert(msg); if(alert_email) SendMail("Xmaster", msg); if(alert_sound) PlaySound("alert.wav");
         }
      }

      if(red_line[i] != EMPTY_VALUE  red_line[i-1] == EMPTY_VALUE) {
         down_arrow[i] = line[i];
         if(iTime(_Symbol, _Period, 0) != last_alert) {
            last_alert = iTime(_Symbol, _Period, 0);
            double entry = SymbolInfoDouble(_Symbol, SYMBOL_BID);
            string msg = "Xmaster SELL: " + _Symbol + " @ " + DoubleToString(entry, digs);
            if(alert_on) Alert(msg); if(alert_email) SendMail("Xmaster", msg); if(alert_sound) PlaySound("alert.wav");
         }
      }
   }
   return rates_total;
}