Non repaint signal indicator
- Indicatori
- Marrion Netondo Wabomba
- Versione: 4.0
- Attivazioni: 20
📊 MV Arrow– Professional Swing Signal Indicator
comment for set files and user manual.
MV Arrow v4.0 is a precision-based MT4 arrow indicator designed to identify high-probability swing BUY and SELL zones using a multi-filter confirmation system.
It focuses on market extremes, filtering noise and low-quality signals to deliver clear, well-spaced trade opportunities.
This indicator is ideal for traders who prefer clean charts, disciplined entries, and confirmation-based signals rather than constant alerts.
🔍 Core Signal Logic
Signals are generated only when price forms a true swing extreme, confirmed by multiple technical conditions.
✅ Swing Point Detection
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Identifies absolute swing highs and swing lows
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Uses configurable left/right bar validation
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Ensures the signal candle is the highest or lowest point in its range
This prevents repainting-style signals and random entries.
🧠 Multi-Indicator Confirmation Engine
Each signal is validated using a scoring system, where multiple conditions must align:
🔹 Trend & Momentum
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Fast vs Slow EMA relationship
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EMA slope direction (trend bias)
🔹 RSI Confirmation
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Oversold / recovery behavior for BUY signals
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Overbought / weakening behavior for SELL signals
🔹 Volatility & Price Position
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Bollinger Bands interaction
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Price location relative to BB midline and extremes
🔹 Market Pressure Analysis
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Bulls Power & Bears Power strength comparison
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Momentum strengthening in the signal direction
Only signals with sufficient confirmation strength are displayed.
⏱ Signal Spacing & Noise Filtering
To avoid overtrading and clutter:
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Minimum bars enforced between consecutive signals
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Time-based validation ensures signals are well spaced
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Prevents multiple arrows in consolidation zones
This makes the indicator especially useful on M15, M30, H1, and H4 timeframes.
📈 Visual & Alert Features
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Clear BUY (green) and SELL (red) arrows
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Non-repainting historical signals
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Optional popup alerts on new confirmed signals
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Lightweight and optimized for live trading
Arrows are plotted slightly above or below price for easy visibility.
⚙️ Fully Customizable Inputs
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Moving Average periods
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RSI period
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Bollinger Band settings
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Swing strength and signal spacing
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Arrow colors and width
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Alert on/off toggle
Adapt it easily to scalping, intraday, or swing trading styles.
🎯 Best Use Cases
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Swing trading entries and exits
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Trend pullback confirmation
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Market reversal spotting
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Confirmation tool for manual strategies
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Works well with price action, support & resistance, and structure-based trading
⚠️ Important Notes
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This is a signal indicator, not an automated trading system
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No martingale, grid, or repaint logic
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Always use proper risk management
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Recommended to confirm with higher timeframe bias
