The Super Arrow Indicator MT4 is one of the most practical tools in the MetaTrader 4 ecosystem, designed to detect trend reversals and pivot zones with high precision. It combines the strength of several indicators—RSI, Bollinger Bands, Moving Averages, Bulls & Bears Power, and a Magic Filter—to filter out market noise and highlight key turning points.
This layered approach makes it highly effective for traders who want accurate entry and exit signals without relying on a single indicator.
The Super Arrow Indicator reduces false entries by confirming setups through multiple calculations:
For instance, on the S&P 500 (US500, H1), green arrows correctly marked pivot lows (A, B, C), while red arrows highlighted pivot highs (D, E, F), guiding traders toward timely entries.
These examples show how the indicator adapts across different markets and timeframes.
These customizable inputs let traders adjust the indicator to suit their strategy and risk tolerance.
The Super Arrow Indicator is suitable for both trending and ranging markets. It works across multiple timeframes and provides traders with clear, color-coded signals that simplify decision-making.
By integrating trend, momentum, and volatility filters, the Super Arrow becomes a reliable companion for disciplined trading in Forex, crypto, indices, and commodities.
- Green arrows identify pivot lows, pointing to potential buying opportunities.
- Red arrows identify pivot highs, signaling possible selling opportunities.
This layered approach makes it highly effective for traders who want accurate entry and exit signals without relying on a single indicator.
Indicator Specifications
- Categories: Pivot Points & Fractals | Signal & Forecast | Trading Assist
- Platform: MetaTrader 4
- Skill Level: Beginner – Intermediate
- Type: Reversal, Lagging Indicator
- Supported Timeframes: M15, M30, H1, H4
- Trading Styles: Day Trading | Intraday | Swing Trading
- Markets: Forex | Crypto | Indices | Commodities | Binary Options
- Download: https://cdn.tradingfinder.com/file/478127/super-arrow-mt4-by-tflab.zip
Trading Logic
The Super Arrow Indicator reduces false entries by confirming setups through multiple calculations:
- Buy Setup: A green arrow forms when conditions suggest oversold levels and a potential bullish reversal.
- Sell Setup: A red arrow appears at overbought zones, signaling a possible bearish reversal.
For instance, on the S&P 500 (US500, H1), green arrows correctly marked pivot lows (A, B, C), while red arrows highlighted pivot highs (D, E, F), guiding traders toward timely entries.
Signal Examples
- Bitcoin (BTCUSD, Daily): The indicator issued green arrows at major bottoms, confirming bullish reversals alongside candlestick confirmation.
- Gold (XAUUSD, H4): Red arrows appeared at resistance zones, signaling short trades at pivot highs, which aligned with pullbacks.
These examples show how the indicator adapts across different markets and timeframes.
⚙️ Settings Overview
- Fast MA: 5
- Slow MA: 12
- RSI Period: 12
- Magic Filter: 1
- Bollinger Bands: Period 10 | Deviation 0.5 | Shift 0
- Bulls & Bears Power: 50
- Alerts: Enabled
- Utstup: 10
These customizable inputs let traders adjust the indicator to suit their strategy and risk tolerance.
✅ Final Thoughts
The Super Arrow Indicator is suitable for both trending and ranging markets. It works across multiple timeframes and provides traders with clear, color-coded signals that simplify decision-making.
- In bullish markets, a green arrow at the channel bottom suggests a buy trade.
- In bearish markets, a red arrow at the channel top signals a potential sell.
By integrating trend, momentum, and volatility filters, the Super Arrow becomes a reliable companion for disciplined trading in Forex, crypto, indices, and commodities.