Substantial Arrows
- Indicators
- Version: 1.723
- Updated: 9 August 2026
- Activations: 7
Substantial Arrows — See the Levels. Follow the Trend. Wait for the Retest.
Substantial Arrows is an MT5 technical indicator built around a distinctive approach to support and resistance.
Instead of relying only on conventional support and resistance visualization, Substantial Arrows identifies and organizes market levels using its own level-processing logic. These levels are designed to highlight areas where price may react, giving traders a structured way to observe market behavior and potential retests.
The indicator has been developed and refined through repeated testing, with particular attention to XAUUSD (Gold) on M15. Its support-and-resistance approach has shown very good accuracy in the author's own testing, although—as with any technical method—no level or signal can predict future price movements with certainty.
More Than Support & Resistance
Substantial Arrows combines several tools into one trading workspace.
The Market Trend panel helps traders monitor directional conditions across multiple timeframes. Instead of constantly switching charts to understand the broader market context, users can quickly see the current trend information directly on the chart.
Candlesticks are also automatically colored according to the relationship between the configured Fast MA and Slow MA, providing an additional visual indication of the current condition on the trading timeframe.
But one of the key features of Substantial Arrows is its Main Arrows.
Rather than displaying arrows indiscriminately, Main Arrows are designed to appear when price performs a qualifying retest of the support/resistance levels displayed by the indicator, while also respecting the direction of the selected reference trend and the configured moving-average filter.
This creates a simple workflow:
Support/Resistance Level → Trend Filter → Retest → Main Arrow
The goal is not to tell the trader what will happen next, but to make potentially relevant retest areas easier to recognize.
Flexible Moving-Average Confirmation
Users can configure the moving-average filter used by Main Arrows, including:
- Fast and Slow MA periods
- MA method
- Applied price
- MA shift
The current default configuration uses EMA 34 and EMA 90 applied to Close, but these parameters can be adjusted according to the user's own trading methodology.
Designed for MT5 Markets and Multiple Timeframes
Substantial Arrows can be used on different markets available through MetaTrader 5 and across different timeframes.
However, the author's primary development and testing environment has been Gold/XAUUSD on the M15 timeframe, where the indicator has been repeatedly evaluated through both backtesting and forward testing.
For additional transparency, you can also monitor the author's trading signal that uses Substantial Arrows in actual trading conditions — click here.
Please remember that the performance shown on a signal page represents past and/or current trading activity and does not guarantee future results.
Introductory Price — Limited to the First 100 Buyers
The regular introductory reference price is:
$99
For the first 100 buyers, Substantial Arrows is available for:
$74 — approximately 25% OFF
After the first 100 purchases, the planned price is:
$125
This introductory pricing is intended for the early release period of Version 1.
Tutorial & Support
A usage tutorial is available on the product's Comments page.
If you have questions about installation, settings, or how the indicator works, please use the Comments section or send a Personal Message to the author.
Please do not use the Reviews section for support questions. Reviews are intended for product feedback, while Comments and Personal Messages are more appropriate for assistance and discussion.
Important Risk Disclaimer
Trading financial markets involves significant risk and may result in partial or complete loss of trading capital.
Substantial Arrows does not guarantee profits, successful trades, or future performance. The indicator is a technical analysis tool designed to help users read market structure, trend conditions, support/resistance areas, and potential retests more conveniently.
Past or current results, including backtests, forward tests, or trading signal performance, are not guarantees of future results.
No arrow, trend indication, support/resistance level, candle color, or other information produced by this indicator should be considered a guarantee that the market will move in a particular direction.
Every trading decision, including entry, exit, position size, stop loss, take profit, and risk management, remains entirely the responsibility of the user.
