MT4 arrow indicator
- Indicadores
- Yan Zhen Du
- Versão: 1.0
- Ativações: 5
MT4 Arrow Indicator is a momentum-based technical indicator for MetaTrader 4, designed to provide clear buy and sell arrow signals based on changes in market momentum.
The indicator calculates momentum conditions and plots arrows after candle close, helping traders identify potential entry opportunities in a structured way.
Key Features
Stable Signal Generation
Signals are generated after candle close to ensure consistency
Historical signals remain fixed once confirmed
Can be used for both historical analysis and real-time trading
Buy & Sell Logic
Buy signals appear when momentum moves out of the oversold area
Sell signals appear when momentum moves out of the overbought area
Threshold levels can be adjusted based on trading style
Alert System
Platform popup alerts
Mobile push notifications (if enabled in MT4)
Email alerts (optional)
Option to limit alerts to once per candle
Display Options
Can be displayed on the main chart
Customizable arrow colors
Adjustable overbought and oversold levels
Parameters
Intermediate Length – Defines the calculation period
Buy Level – Oversold threshold level
Sell Level – Overbought threshold level
Plot on Main Chart – Display arrows on the price chart
Enable Alerts – Enable popup alerts
Enable Push – Enable mobile notifications
Enable Email – Enable email alerts
Alert Only Once – Trigger only one alert per candle
Markets & Timeframes
This indicator can be used on various markets including:
Forex, commodities, indices, stocks, and cryptocurrencies
Supported timeframes: M1 to MN1
