For Major Pairs : This indicator displays whether the candle of a currency pair is bearish or bullish in different timeframes. They are updated automatically. The up arrow means the bullish candle in corresponding timeframe. Similarly, down arrow for bearish candle.
For Cross Pairs : Instead of following the same procedure above, it follows a different algorithm. White color UP arrow means Very Strong Uptrend and Blue color DOWN arrow means Very Strong downtrend.
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For Example: Consider GBPUSD is rising with "X" force and USDJPY also rising with "X" force, Then their corresponding cross pair GBPJPY will rise with "XX" or "2X" force, which means Very Strong Uptrend in GBPJPY. This indicator denotes it with a White arrow. Similarly, the opposite for the very strong downtrend.
All 28 currency pairs in 15 different timeframes are analyzed. Moreover, you must add suffix entry in input section, if your broker and your trading symbols have suffix to their common name.