Super Arrow Metatrader 4 Forex Indicator

The Super Arrow MT4 forex indicator draws buy and sell signals on the chart with the help of moving averages, RSI, Bollinger Bands, Bulls/Bear Power and magic filter.

This trading indicator is very easy to trade:

  • Open buy trade when a green arrow appears on the chart
  • Open sell trade when a red arrow appears on the chart

This indicator fits for scalping, day trading and swing trading currency pairs.

The Super Arrow Metatrader 4 indicator can be used as a standalone or can be combined with other technical indicators.

All default settings for the moving averages, RSI, Bollinger Bands, Bulls/Bear Power and magic filter can be fully modified directly from the indicator’s inputs tab.

Free Download

Download the super-arrow-indicator.mq4” MT4 indicator

Example Chart

The GBP/USD M15 chart below displays the Super Arrow forex indicator in action.

Basic Trading Signals

Signals from the Super Arrow forex indicator are easy to interpret and goes as follows:

Buy Signal: Open buy trade when the Super Arrow indicator draws a green buy arrow on the activity chart.

Sell Signal: Open sell trade when the Super Arrow indicator draws a red sell arrow on the activity chart.

Trade Exit: Close the open trade when an opposite signal occurs, or use your own method of trade exit.

Download

Download the super-arrow-indicator.mq4” Metatrader 4 indicator

MT4 Indicator Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: chart pattern indicator

Customization options: Variable (Faster Moving Average, Slower Moving Average, RSI Period, Magic Filter Period, Bollinger Bands Period, Bulls Power Period, Bears Power Period, Alerts) Colors, width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: Trend

Installation

Copy and paste the super-arrow-indicator.mq4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

Share Now!