Gorilla Signals Systems MT4 v5.98 Original ver

What is Gorilla Signals Systems MT4?

Gorilla Signals Systems MT4 is a versatile indicator that helps traders spot high-probability entries by combining volatility bands with weighted moving averages. It uses long-term ATR to build a strong volatility channel and a Linear Weighted Moving Average to define the main trend. With multiple filters and customizable alerts, it’s perfect for catching breakouts or reversals—making it a powerful, easy-to-use tool for scalpers and short-term traders.

Version: New Version
The Right Platform: Meta Trader 4 (MT4)
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Key Features

🔹 Volatility Band Signals – Spots trade setups when price breaks above or below ATR-based volatility bands, signaling potential breakouts or reversals.
🔹 Trend Detection with MA – Uses a Linear Weighted Moving Average to highlight the true market trend, giving more weight to recent price action.
🔹 Multi-Indicator Confirmation – Combines key inputs like length, period, smoothing, and closing price for stronger, more reliable signals.
🔹 Full Channel View – Option to display both upper and lower volatility bands for clear visual analysis.
🔹 Custom Alerts – Get notified instantly when a new signal appears.
🔹 Flexible Timeframes – Works on the current chart’s timeframe for quick, on-the-spot analysis.

Gorilla Signals Systems MT4 Review

1. Sell Signals (Downtrends)

The Gorilla Signals System for MT4 gives clear Sell signals with bold purple arrows, making it easy to spot entry points during reversals or trend moves.

When a purple arrow appears near the upper Bollinger Band and price drops below the orange and magenta moving averages, it’s a sign of a strong downtrend setup.

To trade it: wait for the current candle to close after the signal, then enter on the next one. Place your stop-loss above the recent swing high and aim for key support levels or the lower Bollinger Band.

It works best in trending markets on M30, H1, or H4 charts, especially with pairs like GBPUSD or EURUSD.

2. Super Arrow Indicator Settings

These settings let traders fine-tune how the indicator reacts, looks, and alerts. Changing ATRPeriod, Deviation, or Length adjusts its sensitivity to market volatility, while the Alerts feature automatically sends trading signals — perfect for active MetaTrader 4 users.

Gorilla Signals Systems MT4 Setting

1. Installing the Indicator

1. Open MetaTrader 4.

2. Go to File → Open Data Folder.

3. Navigate to MQL4 → Indicators.

4. Copy the indicator file into this folder.

5. Restart MetaTrader 4.

2. Applying the Indicator

1. In MT4, open the chart for your chosen currency pair (e.g., GBPUSD).

2. In the Navigator panel, find the indicator and drag it onto the chart.

3. The settings window will appear — here you can customize inputs.

3. Key Input Settings

• History – Number of past candles the indicator uses for calculations.

• TimeFrame – Choose the chart timeframe (e.g., M5, H1).

• Length – Adjusts channel calculation length (affects sensitivity).

• Cycle / PPeriod – Fine-tune smoothing and cycle detection.

• ATRPeriod – Sets the period for volatility measurement.

• Deviation – Controls channel width; higher values = wider channels.

• ShowChannel – Select how the channel is displayed (Full Channel, etc.).

• WhichArrows – Choose what signal arrows to display.

• AlertsSound / AlertsEmail / AlertsMobile – Enable or disable alert types.

• Colors & Button Settings – Customize button size, position, and colors.

4. Reading the Signals

• Buy Arrow – Indicates a potential upward move.

• Sell Arrow – Indicates a potential downward move.

• Example alert:

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  Sao chépChỉnh sửa

  ATR HiLo Channel SMP TT << GBPUSD, M5 << Arrow SELL


  This means: On GBPUSD, M5 timeframe, a SELL signal is detected.

5. Tips for Best Use

• Combine with higher timeframe trend analysis for stronger confirmation.

• Adjust ATRPeriod and Deviation if the market is very volatile or too quiet.

• Test settings on a demo account before live trading.

In the Downloads folder, there are:

✅ Gorilla Signals Systems.ex4
✅ Candle_Timer.ex4
✅ VCrush Code Symbols.ex4

>>> Reviewed by Micheal Elliot

Conclusion

Gorilla Signals Systems MT4 is a powerful trading tool that blends multiple indicators to spot high-probability trades. It uses ATR-based volatility breakouts, trend tracking with Linear Weighted Moving Averages, and RSI signals for overbought/oversold zones—giving you clear, accurate Buy and Sell alerts in any market and timeframe.