• Overview
  • Reviews (15)
  • Comments (29)

Strength Arrow

KM-Strength Arrow is similar to my first free indicator Strength Box.

The differences between Strength Box and Strength Arrow:

  • Strength Box is placed in a separate chart window and you take decisions according to its readings.
  • Strength Arrow is placed in chart window and applies arrows of reversal levels. Take an advantage of Trailing Stop and close trades efficiently. Higher timeframes are recommended.

The indicator indicates buy or sell points based on Strength Box Period 5. Please see the screenshots for better understanding.

You can use it on any currency pair and any timeframe (results may vary). See the attachments. The indicator does not repaint.


Parameters

What are the levels of indications?

  1. Crossing 70 and returning from 75 means a sell signal
  2. Crossing 30 and returning from 25 means a buy signal

Actually what is working behind this indicator:

When reading crossed overbought or oversold levels and returning from medium or extreme level, user will get a signal as a buy or sell arrow.

Examples of EURUSD M1, M5, M15, H1, H4, D1, W1, MN1 are given in the screenshots.

Please take a look and have you any trouble, do not hesitate to contact me.

Aravind
5110
Aravind 2019.11.12 10:00 
 

User didn't leave any comment to the rating

antonio.jesus
17
antonio.jesus 2019.10.08 20:54 
 

Hello Mustafa; all well? congratulations great indicator

Would you like to check how likely you are to insert the warning sign in your indicator?

would help a lot thank you for your attention

Ngoc Nguyen
545
Ngoc Nguyen 2019.03.31 00:37 
 

Thank you. Very interesting. Will study it more.

pffaustt
155
pffaustt 2019.01.16 06:17 
 

Great Indicator! Clean and simple. Very well done. This adds a trusted extra confirmation to go along with any trading strategy, and can't beat the look of a single arrow. Much thanks to the developer for sharing this with the community!

Shaheen Hassanali
10443
Shaheen Hassanali 2018.12.11 11:11   

sunnychow
7768
sunnychow 2018.12.07 17:20 
 

thanks for share

hkarram
265
hkarram 2018.09.19 21:39 
 

Excellent indicator .... using it on a combination of H4 .... and confirmation on H1 ...... just needs adding an alert and other parameters to change the indicator period ....... 5 starts for sure

great job from the programmer

Tim Eubanks
5432
Tim Eubanks 2018.03.20 00:35 
 

Useful arrow indicator in the higher timeframe.

Gennadiy Voltornist
12010
Gennadiy Voltornist 2017.07.09 18:46 
 

User didn't leave any comment to the rating

Maksym Mudrakov
21366
Maksym Mudrakov 2016.08.31 12:37 
 

User didn't leave any comment to the rating

Mohammad Soubra
31009
Mohammad Soubra 2016.05.09 03:49 
 

thank you mate!

Rodrigo da Silva Boa
7175
Rodrigo da Silva Boa 2015.12.05 10:02 
 

Bom.

Wei Hu
2536
Wei Hu 2015.11.30 14:56 
 

Nice!

Izzatilla Ikramov
10503
Izzatilla Ikramov 2015.11.22 18:26 
 

Thank you. You can send a new version of indicator for updating in the Market

ali81hasan
15
ali81hasan 2015.11.14 11:35 
 

Good Dear, Nice indicator, I do and must share results here . once again thank you brother