Binary Signal Arrows

Binary Signal Arrow / Scalper Arrow Indicator

This is a zero-lag momentum arrow indicator that plots buy/sell signals directly on the chart when momentum reaches exhaustion points.

What it shows:

  • Lime histogram = Bullish momentum

  • Red histogram = Bearish momentum

  • Up arrows (Blue/Yellow) = Buy signals (momentum strengthening or weakening at thresholds)

  • Down arrows (Pink/Yellow) = Sell signals

How it triggers:

The indicator plots arrows when momentum changes character after sensitivity bars (default 3) of:

  • Weakening bullish momentum → Potential sell/short signal

  • Weakening bearish momentum → Potential buy/long signal

  • Strengthening momentum → Continuation signals

For scalping/binary:

  • Works on any timeframe (best M1-M15)

  • Arrow appears at the exact bar where momentum shifts

  • No repainting (calculates on closed bars)

  • Use sensitivity=2 for faster signals, sensitivity=4 for filtered signals

Bottom line: A momentum exhaustion arrow system that signals when the current trend is running out of steam — ideal for quick entries on reversals.


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