Multi Timeframe Trend Agreement Arrow

The ultimate signal filter. Get clear, non-repainting arrows only when the trend on M1, M5, M15, and H1 timeframes are fully aligned, confirming strong momentum for scalping or short-term trades.

📜 Full Product Description

  • Non-Repainting Arrows: Built using precise closing price data ( rates_total - 1 and iBarShift ), ensuring signals are final and never shift or disappear after the bar closes. What you see is what you get.

  • High-Confidence Signals: Filters out noise by requiring agreement across up to four higher timeframes simultaneously, resulting in higher-probability entries.

  • Ideal for Scalpers & Day Traders: Designed specifically to run on the M1 timeframe, giving instant, aligned signals for rapid execution.

  • Simple Visual Confirmation: Easy-to-read green (bullish) and red (bearish) arrows provide immediate visual trade setup confirmation.


How the Indicator Works (Functionality)

The MTA Arrow works as a powerful trend filter. For every closed M1 candle, the indicator checks the exact corresponding candle on all higher timeframes selected in its settings (default: M5, M15, M30, H1).

  • Bullish Signal (Green Arrow ⬆️): An arrow appears when the M1 candle closes and every single checked higher timeframe candle is also a bullish (close $>$ open) candle.

  • Bearish Signal (Red Arrow ⬇️): An arrow appears when the M1 candle closes and every single checked higher timeframe candle is also a bearish (close $<$ open) candle.

If any higher timeframe candle is neutral or opposite, no signal is generated, keeping you out of choppy market conditions.


⚙️ Input Parameters

Parameter Name 
 Default Value
 Description
BarsToCalculate
 2000
 The number of historical bars the indicator will analyze upon loading. (Set to 0 for maximum history load).
timeframesToCheck
 M5, M15, M30, H1
 (Note: This array is internal, but you should mention which TFs you use by default). The higher timeframes that must agree to generate a signal.

Important Notes

  1. Timeframe Requirement: This indicator is specifically coded to operate only on the M1 chart (as per the if(Period() != PERIOD_M1) check). Attempting to use it on any other timeframe will result in an INIT_FAILED error.

  2. Candle Shift Logic: The use of the iBarShift function tied to the M1 candle's close time is the core logic that ensures the indicator is 100% non-repainting.

  3. Spread Placement: Arrows are placed slightly above the high or below the low, adjusting for the current symbol spread ( SYMBOL_SPREAD * _Point ) to ensure maximum visibility without obscuring the price action.

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Muhammad Sirazul Monir 2026.05.12 17:52 
 

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