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But is it just another repainted moving average, or does it offer genuine value for scalpers and day traders?
Use it alongside a 200 EMA. Only take XHmaster Buy signals when price is above the 200 EMA, and Sell signals when price is below it. This filters out 70% of the false signals. xhmaster formula mt4 indicator 2021
Disclaimer: Forex trading involves significant risk. Past performance of indicators does not guarantee future results. Always backtest on a demo account first. But is it just another repainted moving average,