- Nataliia Marchuk
- Version: 3.0
- Updated: 6 September 2022
- Activations: 1235
Pro Arrows is a scalping indicator that does not redraw its values and shows price reversal points with 93% accuracy. A unique tool that shows the trader where to open deals and in which direction. Pro Arrows draws red and yellow arrows on the chart at price reversals. It is able to determine pivot points both on large hourly timeframes and small minute and five-minute timeframes. Pro Arrows is very well suited for intraday scalping. Using this indicator, you can build scalping trading strategies.
How to trade with this indicator:
To start scalping with this indicator, you need to add this indicator to the chart, and you also need to add the Moving indicator to the chart. The trading strategy is to open sell deals when a red arrow appears and the price is below the moving average, and open buy deals when the price is above the moving average and a green arrow appears. The minimum balance is $500, the trading volume is 0.03.
How this indicator works:
Each currency pair has its own patterns of price movement. At certain points, the price behaves constantly in the same way, under certain conditions. This indicator is able to find price patterns on the chart and show the trader with arrows the points where these patterns occurred.
Benefits of the indicator:
- does not redraw values
- designed for scalping
- works confidently on small timeframes
- signal accuracy up to 93%
- very easy to set up
Pro Arrows indicator settings:
- period - period for calculating pivot points. The larger the value of this parameter, the more reversal waves the indicator will look for. The smaller the value of this parameter, the smaller reversal waves the indicator will look for.
- signal - sending PUSH notifications to a mobile phone when an arrow appears on the chart.
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