Xmaster Formula with BBands and VQ bars Trading System
Platform: Trading Systems Last update: June 10, 2021The Xmaster Formula with BBands and VQ bars is a custom forex trading system for Metatrader 4 (MT4) that generates profitable and accurate trading signals. A huge advantage of this forex strategy is that it filtres a lot of noise and false signals.
It is simple to trade with the strategy and easy to follow the trading rules of the system. You use the system with any currency pair and time frame of your choice.
Metatrader Indicators included in this trading system:
Xmaster Formula
BBands_Stop_v1
VQ bars MTF and alerts
How to use the Xmaster Formula with BBands and VQ bars Trading System?
Trading rules of the Xmaster Formula with BBands and VQ bars Trading System are explained below.
Buy entry signals:
Open long trade when the following conditions are met:
- BBands are green and below the price
- VQ bars are green
- Xmaster Formula line is green and there was an upward arrow
- Take profit / exit trade when Xmaster Formula shows opposite arrow
Sell entry signals:
Open short trade when the following conditions are met:
- BBands are orange and above the price
- VQ bars are red
- Xmaster Formula line is red and there was an downward arrow
- Take profit / exit trade when Xmaster Formula shows opposite arrow
Similar indicator: Perfect Trend Line
How to install the Xmaster Formula with BBands and VQ bars Trading System on your Metatrader 4 trading plaftform?
- Download the indicator by clicking “LINK” button at the bottom of this post.
- Copy and paste the Xmaster Formula with BBands and VQ bars Trading System files into following folder of your Metatrader 4 (MT4) platform: MQL4 > Indicators.
- You can gain access to the folders this way: File > Open Data Folder > MQL4 > Indicators (paste files here).
- Restart your Metatrader 4 Client.
- Select Chart and Timeframe where you want to test the system.
- Right click on the chart and choose Templates and select Xmaster Formula BBands VQ bars Trading System.tpl
- The system is ready and running on the chart.
Xmaster Formula with BBands and VQ bars Trading System Free Download
To download the Xmaster Formula with BBands and VQ bars Trading System for Metatrader 4 (MT4) for free just click the button below:
Xmaster Formula with BBands and VQ bars Trading System Free Download