The XHMaster Formula Indicator is a custom, arrow-based technical analysis tool designed for forex traders. It's a trend-and-momentum tool primarily used on MT4 and MT5 charts, with a widely available version for the popular TradingView platform as well. Its core appeal lies in its simplicity: it takes the logic of several complex technical indicators, such as Moving Averages, MACD, RSI, and Stochastic Oscillators, and translates them into simple, easy-to-interpret visual cues, often green and red arrows.
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Open the MQL4 folder, then open the Indicators folder. The XHMaster Formula Indicator is a custom, arrow-based
