Market / MetaTrader 5 / Indicators /

Arrowhead MT5

FREE

Published: 10 December 2020

Current version: 1.0

Arrowhead MT5

4.54

Indicators
Ivan Grachev
Version: 1.0

Indicator determines the direction of price movement, calculates the possibility of entering the market using an internal formula and displays a breakout entry signal. Indicator signals appear both at the beginning of trend movements and in the opposite direction, which allows you to open and close orders as efficiently as possible in any of the market conditions.

Version for МТ4: https://www.mql5.com/en/market/product/58349

Benefits:

a unique signal calculation formula;
high signal accuracy;
does not redraw, does not lag, does not recalculated at the time of testing and real work;
easily adjusted settings for the current market using one "Sharp" variable;
can be used on any TF (by default - H1);
suitable for any type of trading from pipsing and scalping to conservative long-term trading;
a complete system of alerts from messages, mail to PUSH notifications.

Rules for evaluating entries by indicator:

the appearance of an arrow icon under the bar - a buy signal;
the appearance of an arrow icon above the bar - a sell signal;
arrows in different directions have different colors.

Additional setting:

You can more accurately adjust the indicator for the current market using the "Sharp" variable in the indicator settings. By changing it, you change the frequency and accuracy of the signal, the higher the value, the less frequent and more accurate the signal, and vice versa. Thus, you can easily determine the necessary settings for each instrument and make market entries even more effective.

Indicator parameters:

Sharp	-	value of the variable that determines the signal accuracy
Alerts	-	enable the alert system when signals appear
AlertMessage	-	alert about the signal in the window
SoundMessage	-	sound message
EmailMessage	-	a message about the signal to the mail specified in the terminal
PushMessage	-	PUSH message to mobile phone

The indicator can be used as a separate trading system or as an addition to an existing one.
On the screenshots below you can see examples of using the indicator on the chart.

more...

Shekhar 2024.02.25 10:51 #

Thank you

118

Wesam Mohd Salah Ta Abuhammad 2023.10.15 17:08 #

حقيقة مذهل جدا..اشكرك جدا على هذا المؤشر الفريد و المجاني

903

Fernando Alonso 2022.10.23 20:26 #

Muy bueno De gran ayuda Gracias

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EA finds the largest volume in the market and determines the level for entry. After crossing the level towards the breakdown, a market order is opened. The EA builds a two-sided grid of orders, adapting to the market. Each direction of orders works separately and has its own take-profit. Thus, the adviser covers the whole trend, starting from its start, while the adviser perfectly passes the flat market condition, trading both directions. Please see all my products: https://www.mql5.com/en/user

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The indicator looks for consolidation (flat) in the market at a certain time, builds a box-channel and marks levels indented from it for a breakdawn. After crossing one of the levels, the indicator marks the zone for take profit and calculates the corresponding profit or loss in the direction of this entry on the panel. Thus, the indicator, adjusting to the market, finds a flat area of the market, with the beginning of a trend movement to enter it. Version for MT4: https://www.mql5.com/en/market

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The Expert Advisor builds a grid of orders, defining inputs by built-in setups. After accumulating the profit specified in the settings, it closes the remaining orders to breakeven. Open “breakout” orders create a grid according to the trend, and each separately “trailing” order allows you to maximize profit from the market. Please see all my products: https://www.mql5.com/en/users/en_coding/seller Benefits: a unique algorithm for constructing a grid of orders, eliminating the minimum delta b

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Filter:

Shekhar 2024.02.25 10:51 #

Thank you

118

Wesam Mohd Salah Ta Abuhammad 2023.10.15 17:08 #

حقيقة مذهل جدا..اشكرك جدا على هذا المؤشر الفريد و المجاني

igorisk 2022.10.28 09:17 #

wrong buy signals, disappointed

903

Fernando Alonso 2022.10.23 20:26 #

Muy bueno De gran ayuda Gracias

Peter Pedro 2022.09.08 13:50 #

Super indicator thank you thank you

224

RMSCH 2022.09.04 21:33 #

Muito bom.

skyfold 2022.09.01 17:41 #

Nice indicator. But need another technical indicator to avoid false signals. Thans for sharing!

196

KATTY2010 2022.07.10 23:10 #

buena

103

Chouchou2A 2022.04.08 14:50 #

Très bon indicateur qui se trompe rarement. Merci

Allex Sam 2022.02.13 06:10 #

Не плохое эквити для стрелочника в режиме реверса! Отличная работа! Иван, будет ли возможность взглянуть на исходник Вашего индикатора?

ell747 2022.01.17 21:21 #

еще бы стрелки ближе к графику придвинуть

[Deleted] 2021.12.11 03:13 #

User didn't leave any comment to the rating

STEEVE NDONE 2021.11.02 13:43 #

c'est vraiment Efficace, je l'utilise pour confirmer mes zones d'entrées, en 15Mn et H4 al ses paramètre par défaut sont a 20; mois je le met a 2. Merci pour cette générosité. comme tout autre indicateur ne jamais l'utiliser seul, tjrs avoir 3 ou plus pour confirmer.

130

Shingidzano Lesetedi 2021.10.17 18:52 #

Very accurate indicator

2891

MAKARIOS YACOUBIAN 2021.07.09 15:38 #

GREAT WORK , ACCURATE , THANKS