Super Arrow MT5 indicator

Super Arrow MT5 indicator

The Super Arrow Indicator provides non-repainting buy and sell signals with exceptional accuracy.

Key Features

• No repainting – confirmed signals remain fixed

• Clear visual arrows: green for buy, red for sell

• Real-time alerts via pop-up, sound, and optional email

• Clean chart view with no unnecessary clutter

• Works on all markets: Forex, gold, oil, indices, crypto

Adjustable Parameters

TimeFrame

• Default: "current time frame"

• Function: Sets the time frame for indicator calculation

• Options: Can be set to M1, M5, M15, M30, H1, H4, D1, W1, MN

• Purpose: Allows displaying signals from other time frames on the current chart

• HalfLength: Controls smoothing level (default 56)

• BandsDeviations: Sets deviation factor (default 1.618)

• Price: Choice of 7 different price calculation types

• Alert System: Full configuration of notification settings

Trading Strategies

• Trend Following: Catch retracement entries in strong trends, confirm with higher timeframes

• Breakout Trading: Spot breakouts of key levels and enter at the start of new moves

• Reversal Trading: Identify signals in overbought/oversold zones, apply strict stop loss for short-term trades

Usage Recommendations

• Combine with fundamental analysis and avoid high-impact news events

• Apply proper risk management with a risk-to-reward ratio of at least 1:2

• Use smaller timeframe signals in alignment with higher timeframe trends

Technical Specifications

• Signal Type: Buy arrow (green) / Sell arrow (red)

• Timeframes: A 1-hour H4 cycle is recommended

• Assets: Forex, precious metals, crude oil, indices, cryptocurrencies

• Platform: MT4, compatible with all brokers