Super Arrow Indicator for MetaTrader4 and 50 similar items

The Super Arrow Indicator MT4 is a widely used MT4 tool that helps traders detect market reversals and pinpoint pivot highs and lows with accuracy. It combines several well-known indicators—RSI (Relative Strength Index), Bollinger Bands, Moving Averages, and a proprietary Magic Filter—to filter signals and highlight reliable entry and exit points. On charts, the indicator places green arrows at pivot lows to show potential buy opportunities and red arrows at pivot highs to signal possible sell opportunities. This simple but effective visual system makes it easier to catch turning points in the market. ? Indicator Table Categories: Pivot Points Fractals | Signal Forecast | Trading Assist MT4 Platform: MetaTrader 4 Skill Level: Beginner Types: Reversal | Lagging Timeframes: M15, M30, H1, H4 Trading Styles: Day Trading | Intraday | Swing Trading Markets: Forex | Crypto | Indices | Binary Options | Commodities ? How It Works The indicator works by combining signals from multiple technical tools to reduce noise and filter weak entries. Instead of relying on a single indicator, the Super Arrow provides multi-confirmation trading signals. Green Arrow (Buy): Appears at pivot lows when bullish reversal is expected. Red Arrow (Sell): Appears at pivot highs when bearish reversal is expected. Example: On the US500 (S P 500) 1H chart, green arrows appeared at points A, B, and C, marking strong buy signals, while red arrows at D, E, and F confirmed sell setups. ? Trading Signals Buy Example: On the Bitcoin (BTCUSD) daily chart, green arrows appeared at key bottoms, signaling long entries. Traders can confirm using candlestick or reversal patterns. Sell Example: On the Gold (XAUUSD) H4 chart, red arrows marked pivot highs, indicating short opportunities. Using support/resistance zones helps to validate these setups. ?? Settings Fast MA: 5 Slow MA: 12 RSI Period: 12 Magic Filter Period: 1 Bollinger Bands Period: 10 Shift: 0 Deviation: 0.5 Bulls Power: 50 Bears Power: 50 Alerts: Enabled (True) Utstup: 10 These settings can be customized based on market conditions and strategy. ? Conclusion The Super Arrow Indicator is a flexible reversal detection tool suitable for both trending and sideways markets. Its multi-indicator approach reduces false signals and improves trade accuracy. Use green arrows as buy signals at the bottom of bullish structures. Use red arrows as sell signals at the top of bearish structures. This makes it a valuable tool for Forex, crypto, indices, and other financial markets.