Xmaster Formula Forex No Repaint Indicator

The Xmaster Formula Forex No Repaint Indicator is a unique and highly-wanted trading indicator. It has a sophisticated algorithm calculating accurate signals presented in a form of the buy/sell arrows. The most important feature of that indicator is the fact that it doesn’t repaint, so its signals once placed stay at the same spot.

The Xmaster Formula Forex No Repaint Indicator fits all kinds of timeframes and currency pairs. It is displayed in a separate window placed just below the main trading chart. The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.

How does it work? How to apply in trading?

Trading Rules Explanation

The Xmaster Formula Forex No Repaint Indicator is made of green/red dotted line that is displayed along with yellow buy/sell arrows. Detailed trading instructions are provided below.

Buy Signal

Follow these steps for a long trade:

Xmaster Formula displays upward arrow
Xmaster Formula signal line turns green from red
Open buy trade after both conditions are met
Set stop loss few pips below the last swing low point of the market
Take profit or exit trade when the Xmaster Formula displays downward arrow

Sell Signal

Follow these steps for a short trade:

Xmaster Formula displays downward arrow
Xmaster Formula signal line turns red from green
Open sell trade after both conditions are met
Set stop loss above last swing high point of the market
Take profit or exit trade when the Xmaster Formula displays upward arrow

As always, to achieve good results, remember about proper money management. To be a profitable trader you need to master discipline, emotions, and psychology. It is crucial to know when to trade, but also when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility conditions, beyond major sessions, exotic currency pairs, wider spread, etc.