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Abiroid Extreme TMA System Arrows Indicator

Extreme TMA System with Arrows Indicator

And Buy/Sell Boxes with Take Profit & Stop Loss

This is a Non-Repainting Arrows Indicator based on the Extreme TMA System.

It shows TMA cross signals and the best BUY/SELL signals. Along with the most predicted TakeProfit. And StopLoss based on TakeProfit ratio.

Download extras here:


Please note: This is an Arrows only Indicator. Dashboard is sold separately here:


Check out the video tutorial here:


Read detailed description:


About Indicator:

This indicator shows BUY/SELL Signal Arrows and also shows most probable Take Profit. And Stop Loss is calculated based on ratio you set for StopLoss:TakeProfit.

There are 3 TMA Bands: Upper, Middle and Lower bands.

When price crosses Upper band, it will reverse and give a SELL Opportunity and if it crosses Lower bands, there is a BUY Opportunity.
Once reversal happens price will go at least up to the middle band.

To verify this reversal, we have to check 3 things:
1. TMA Slope (of current and Higher timeframes)
2. Support/Resistance Lines
3. RSI OverBought/Sold

About Support/Resistance:

If price is close to Support and it crosses the lower band also, it will likely reverse for BUY.
If price is close to Resistance and it crosses the upper band, it will likely reverse for SELL.

BUY SELL Signal Conditions:

– If useHeikenAshiPrice is true – use Heiken Ashi prices

  • If Price has crossed Upper/Lower bands
  • If useRSI is true and Price OverBought/OverSold
  • If checkCurrentTFSlope or checkHTFSlope – do a Slope Check as described in next section
  • If “Ignore If TakeProfit Too Close” is true – and price is less than “Min Distance from TakeProfit” percentage. See in section below.

If all conditions match you will get a corresponding BUY or SELL Signal and Alert. BUY is Green Background. SELL is Red background.

Slope Check:

If TMA_SlopeThreshold is 0.3.

  • If Slope < -0.3 means Bearish Trend so show only SELL Signals. Ignore all BUY Signals
  • If Slope > 0.3 means Bullish Trend so show only BUY Signals. Ignore all SELL Signals
  • If Slope between -0.3 and 0.3 means Market is Ranging. Show both BUY and SELL Signals
Take Profit Distance Calculation:
  • If MinDistance is 0.3 means 30%
  • If 100% distance is between Upper/Lower band and Middle band.
  • If distance between Upper/Lower band and starting price is already more than 30% then ignore the signal.

Indicator Properties:

  • seeDetailedJournalLogs = true (Get Detailed Logs in Journals Tab or not)
  • TMA_Period = 50 (Triangular Moving Average Period)
  • checkHTFSlope = false (Check Slopes for next 3 Higher Timeframes or not)
  • checkCurrentTFSlope = true (Check slope for Current Timeframe or not)
  • ignoreMNSlope = true (Ignore Monthly chart’s slope or not)
  • TMA_SlopeThreshold = 0.3 (Slope Threshold for Checking Bullish/Bearish)
  • useRSI = false (If Use RSI true – only trade BUY if RSI OverSold and SELL if RSI OverBought. Else ignore signal)
  • RSI_Period = 14
  • RSI_OversoldLevel = 30
  • RSI_OverboughtLevel = 70
  • ignoreTooCloseMiddleBand = true (TakeProfit will be somewhere close to Middle Band. But if price already reached too close to middle band then ignore signal or not)
  • minDistFromMiddleBand = 0.3 (0.3 means 30% distance from Middle Band. If ignoreTooCloseMiddleBand  true and price reaches more than 30% distance from middle band then ignore signal)
  • PredictBestSL_TP_Rectangle = true (Get SL and TP are predictions rectangle. Note these are predictions. Use with Support/Resistance lines for validation)
  • SL_Ratio = 1 (Ratio 1 means SL and TP will be 1:1. 0.5 means StopLoss will be half of TakeProfit)
  • MaxTakeProfit = 500 (If TakeProfit more than these Points, then reset it to this max. And reset StopLoss to this max * SL_Ratio)
  • MinStopLoss = 70 (Ignore signal if StopLoss less than Min Points)


  • Platform: Metatrader4
  • Currency pairs: All pairs
  • Trading Time: Around the clock
  • Time-frame: All TimeFrames. But higher TF H1, H4+ are better and more stable

Comentários 2
rainwalker123 2020.10.02 09:05 

Some people seem to not have a clue about trading, and giving bader reviews. Excellent indicator

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(FOR MT4)   Trend Finder Multi Pair And Multi Time Frame :     This indicator has been designed to help find the strongest trends in the forex market, quickly and easily. It simultaneously analyzes the moving averages for all 28 pairs and across 8 time-frames. And then it ranks each pair according to trend-strength. IMPORTANT FACTORS TO KEEP IN MIND: Institutional traders use moving averages more than any other indicator. And trading with the dominant trend is a CRITICAL part of your long term
79 USD
PipFinite Breakout EDGE
Karlo Wilson Vendiola
The Missing Edge You Need To Catch Breakouts Like A Pro. Follow a step-by-step system that detects the most powerful breakouts! Discover market patterns that generate massive rewards based on a proven and tested strategy. Unlock Your Serious Edge Get it here ► www.mql5.com/en/blogs/post/723208 Have access to the game changing indicator that will take your trading to the next level! How To Trade Execute your trades in 3 Easy Steps! Step 1: Trade Setup Enter a signal if Success Rate is
98 USD
PipTick Correlation MT4
Michal Jurnik
PipTick Correlation shows the actual correlation between the selected instruments. The default setting is set to 28 currency pairs, gold and silver, but the indicator can compare any other symbols. Interpretation of the indicator Positive correlation (corellation is above 80 %) Negative correlation (corellation is below -80 %) Weak or no correlation (corellation is between -80 and 80 %) Main features The indicator shows actual correlation between the selected instruments Simple comparison of
67 USD
RiveR Scope
Ruslan Losin
RiverScope automatically determines the nearest most important price levels and support and resistance zones in history, it also identifies a large number of price action patterns (30+). The support and resistance levels are determined based on an algorithm that calculates and filters the historical values of the price, its movement character, volumes, etc. It displays the current situation, therefore the nearest levels change in real time depending on the current price. Advantages flexible cu
50 USD
AFX Stochastic Trendline
Arash Lakzadeh
The " AFX Stochastic TrendLine " draws all trendlines automatically, on the Stochastic indicator with special features. Fully Customizable Features AFX Stochastic TrendLine Indicator draws the following on the Stochastic indicator: Moving Average Bollinger Bands Trendlines Channels Linear Regression Channels Input Parameters ====== Stochastic Settings ====== %K of Stochastic %D of Stochastic Slowing of Stochastic PriceField of Stochastic Method of Stochastic Mode - select MAIN line or SIGNAL l
40 USD
DIFF 2Pairs
Sergiy Podolyak
DIFF-2Pairs   detects divergences of correlated pairs considering lots balancing  (+ built-in strategy tester ). The indicator has a system for measuring the divergence of correlated pairs by various methods to estimate the value of the differential curve: the system can measure performance. statistical analysis to determine the optimal SL and TP. exporting data to a CSV file. Currently, the indicator supports the following deviations of the correlated pairs: The standard deviation is the measur
39.99 USD
Order Symbols Based On Indicator Value plus Alert
Runwise Limited
Allows symbols/currency pairs to be ordered based on a configured indicator, with the best performing symbols shown at the top. This helps you to select the symbol with better prospects from a given list of symbols. Can optionally alert when a symbol moves into the top two (configurable). Also shown is the number of pips that the symbol has moved in its current direction, allowing you to tell if you've 'missed the boat'. Further, a graph is shown, per symbol, of the indicator value over time all
39 USD
Statistical support Resistance
Yaser Sabbaghi
Support and Resistance levels are not fixed. They are not even a static level in a day and they will change  hourly by market fluctuations. Enough is enough for traders to lose money because of the wrong SL and being hunted by SL hit. There are many types of support/resistance indicators (methods) but most of the time do not work well. Traditional and classic indicator of Support/Resistance levels representing delusion levels that are not actual or accurate enough. Fibonacci is good but not enou
39 USD
Quantum Euro Weighted USD Index Indicator
The US dollar sits at the heart of all the financial markets. It is the currency of first reserve. It is the ultimate safe haven currency, and it is the currency in which all commodities are priced. It is the currency which every Forex trader should consider – first! Having a view of the US dollar is paramount in gauging market sentiment, attitude to risk, and money flows into related markets and instruments. If you know which way the USD is headed – the rest is easy. The Quantum DXY indicator g
37 USD
rainwalker123 2020.10.02 09:05 

Some people seem to not have a clue about trading, and giving bader reviews. Excellent indicator

Martin Brown
Martin Brown 2020.05.29 20:59 

It is not consistent enough on its own to be a valued part of your trading strategy. The TMA SLOPE is important, but there are other factors that the indicator should be taking into account before sending an alert. With this indicator you will get alerts when clearly there is no trade opportunity. Other times when there is a strong possibility, you get no signal at all.

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Versão 1.10 2020.10.03
Extreme TMA Arrows v1.10
Added option AlertOnTMACross to Alert when price crosses upper/lower TMA bands.
By default it's off.
Versão 1.9 2020.06.21
Extreme TMA v1.9
- Added Price Outside Bands Check
- Added TMA+CG as TMA Bands Option
- Removed excess logging for Past Bars to avoid confusion. Will only show current logs
Versão 1.8 2020.06.18
Extreme TMA v1.8
- Added option for ATR Multiplier
- Added postfix checks to support different brokers: ".","..","+","i","m",".stp",".G","pro","-5"
Versão 1.7 2020.06.13
Arrows: Added Buffers for Last Arrow Occurred

Scanner: Added feature to "Do Past Arrow Search At Start"
If true, on scanner load it will search Past Bars for Arrows. This might make refresh time a bit slower.
If false, it will only look for new arrows.
Versão 1.6 2020.06.11
Extreme TMA:
Arrows 1.6
- Channels Options: "Fast TMA Line" or "TMA True"
and for TMA SLope: "TMA Slope1" and "TMA Slope2"
(Note: Fast TMA Line and TMA Slope1 are repainting
and TMA True and TMA Slope2 are non-repainting)
- Added Buffers for Upper/Lower Cross
- Added setting for ATR_Period
Versão 1.5 2019.12.31
If MaxTakeProfit 0 don't calculate TP Box - fixed