Free for first few weeks while I'm testing. Let me know if you find any bugs/issues.

If you enjoy using it please review :)

Default settings are best for M5. But please share good settings for other timeframes as well.

It will help other users benefit.

Hello!

This indicator is very good. It fits the strategy I'm using. The strategy I am using is: Follow Trend + MA Bounce + Check Pinbar + Check Volume = Good Signal.

Please add price action test function (like signal position is pinbar, big bar, ...) for more better signals.

Hope you develop this indicator better.

Thank you.

Hi,

I'm really glad you liked it!

About the new feature..

Actually, for scanner to work, iCustom needs to be called. And iCustom requires less than 64 settings.

And current Arrows indicator already has more than that.

So, more options cannot be added to this strategy. As scanner options are maxed out :)

If I added price action, I would have to keep options for that, to turn on/off as not all users will want to use it. And scanner won't be able to take any more settings.

So, I had to mention this in product's blog:

https://www.mql5.com/en/blogs/post/747503

Hope you still like using it :)

hi Abir Pathak

If it is possible to send a message to the dashboard according to the orientation in the specified points, it would be great

Hi,

Which MAs are you using for bounce. Because some of these red arrows don't look like EMA Bounces.

This is an EMA Bounce strategy. Which will only look for bounce signals as main signal :)

All other checks are optional. Debug messages will show you exactly why a signal was skipped.

And I would suggest you can put the in-built Moving averages on chart, to check and verify the bounces. That way visually you will know which MA Periods work best for which timeframe.

From the image, I think what you might be looking for is more a zigzag or a 3lzz type indicator.

Or maybe I misunderstood your question.

Just in case, here is a youtube video for this strategy:

https://www.youtube.com/watch?v=pjzY3DCmaHI

And it's blog post:

https://www.mql5.com/en/blogs/post/747503

3lzz dashboard does not show trend

I mean making the SwingTrading indicator dashboard

Ok. Yes, I understood what you meant :)

I have tried swing indicators. But most always shift arrows if a new swing highs/low occurs on next bar.

So, to find a true reversal signal is a bit challenging.

I've been on a lookout for a good strategy with swing indicators and also validating indicators.

I always like finding new strategies which are complete trading systems. With multiple supporting indicators.

Like there are a lot of swing trading systems here: forexstrategiesresources but most repaint. But I'll keep looking.