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Xmaster Formula Metatrader 4 Forex Indicator (2024 Version)

    The buy/sell Xmaster Formula Forex indicator has been around for quite some time and here’s the most recent 2024 version free for download.

    It’s a buy and sell indicator that fits both beginners and advanced Forex traders.

    The indicator analyses any financial market and issues buy and sell signals in a bottom MT4 chart.

    The green indicator line suggests a buy trade while the red indicator line a sell trade.

    That’s it.

    Just add it to your favorite currency pair and follow its buy-and-sell trade recommendations in real time.

    The Xmaster Formula 2024 version indicator should work equally well across all time frames.

    Free Download

    Download the “xmaster-formula.ex4” MT4 indicator

    Example Chart

    The technical chart below shows the Xmaster Formula indicator (2024 version) in action.

    Basic Trading Signals

    Buy Signal: Open a buy trade when the green dotted line appears on the trading chart.

    Sell Signal: Open a sell trade when the red dotted line appears on the trading chart.

    Reverse the open position when an opposite-colored line appears on the chart.

    Optionally, close the trading position for a fixed profit target of your preference.


    Download the “xmaster-formula.ex4” Metatrader 4 indicator

    MT4 Indicator Characteristics

    Currency pairs: Any

    Platform: Metatrader 4

    Type: chart window indicator

    Customization options: buy colors, sell colors, line style

    Time frames: any

    Type: trend following

    Easy Installation

    Copy and paste the xmaster-formula.ex4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.

    You can access this folder from the top menu as follows:

    File > Open Data Folder > MQL4 > Indicators (paste here)

    Restart the trading platform

    Add the indicator to a new chart.

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