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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