Super Arrow Indicator MT4 (Original ver)

What is Super Arrow Indicator?

The Super Arrow indicator is a smart trading indicator that combines multiple confirmations to generate reliable buy and sell signals. It uses moving averages for trend direction, RSI for momentum, Bollinger Bands for volatility, and Bull & Bear Strength for market sentiment. By blending these filters, it delivers high-quality signals that work well for scalpers and intraday traders, whether trading with the trend or looking for reversals.

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

🔹 Multi-Confirmation Signals – Combines momentum, trend, and volatility indicators to deliver reliable buy and sell signals.
🔹 Dual Moving Averages – Uses both fast and slow MAs to track trend direction and spot momentum shifts with crossovers.
🔹 RSI Filtering – Smooths out false signals and highlights true overbought/oversold zones.
🔹 Volatility Alerts – Leverages Bollinger Bands to detect breakouts and price extremes.
🔹 Sentiment Check – Bull & Bear strength analysis confirms whether buyers or sellers are in control before signaling entries.

Super Arrow Indicator MT4 Review

1. Buy Signals (Uptrends)

The Super Arrow Indicator for MT4 gives clear Buy signals with big blue arrows below the candles, pointing to a possible bullish reversal or trend continuation.

👉 How to trade it:

• Wait for the candle to close above the arrow.

• Enter a Buy at the start of the next candle.

• For stronger confirmation, check support zones, RSI below 30, or an MA crossover.

Set your stop-loss just below the recent swing low, and target at least a 1:2 risk-reward ratio.

Perfect for both beginners and experienced traders, it works best on pairs like EURUSD, GBPUSD, and other majors across M15, M30, and H1 timeframes.

2. Sell Signals (Downtrends)

The Super Arrow Indicator for MT4 shows clear Sell signals with bold red arrows above the candles, pointing to a possible reversal or new downtrend.

👉 How to trade it:

• Wait for the candle to close after the red arrow appears.

• Enter a Sell on the next bar.

• For more accuracy, confirm with resistance levels, trendlines, or RSI above 70.

Set your stop-loss just above the recent swing high, and aim for take profit at nearby support zones.

This indicator works best on major pairs like EURUSD, GBPUSD, and more, across M15, M30, H1, and higher timeframes.

Super Arrow Indicator MT4 Setting.

1. Installation

1. Download the Super Arrow Indicator file.

2. Copy the file into your MT4 folder:

   • Go to File → Open Data Folder → MQL4 → Indicators.

   • Paste the file here.

3. Restart MT4 and find Super Arrow Indicator in the Navigator Panel → Indicators.

2. Applying the Indicator

1. Open a chart (EURUSD, GBPUSD, USDJPY, or other major pairs).

2. Drag Super Arrow Indicator onto the chart.

3. Adjust the input settings if needed:

   • FasterMA / SlowerMA → Trend direction.

   • RSIPeriod → Overbought/Oversold filter.

   • BollingerPeriod/Deviation → Volatility filter.

   • Bull/Bear Periods → Market sentiment confirmation.

   • Enable/disable Alerts for notifications.

3. Trading Buy Signals

• A Blue Arrow (Up) appears below the candle → Potential Buy setup.

• Confirm with:

  • RSI below 30 (oversold).

  • Price near support or upward MA crossover.

• Entry: Open a Buy at the next candle close.

• Stop-Loss: Place below the recent swing low.

• Take-Profit: Use 1:2 risk-reward or next resistance level.

4. Trading Sell Signals

• A Red Arrow (Down) appears above the candle → Potential Sell setup.

• Confirm with:

  • RSI above 70 (overbought).

  • Price near resistance or downward MA crossover.

• Entry: Open a Sell at the next candle close.

• Stop-Loss: Place above the recent swing high.

• Take-Profit: Use 1:2 risk-reward or next support level.

5. Best Practices

• Works on M15, M30, H1, H4 charts.

• Ideal for scalping and intraday trading.

• Always combine with support/resistance or trendlines for higher accuracy.

• Avoid trading during major news events for cleaner signals.

In the Downloads folder, there are:

✅ Super Arrow Indicator.ex4
✅ Candle_Timer.ex4
✅ VCrush Code Symbols.ex4

>>> Reviewed by Micheal Elliot

Conclusion

The Super Arrow Indicator for MT4 is an all-in-one tool designed to deliver high-probability buy and sell signals in any market condition. By blending Moving Averages, RSI, Bollinger Bands, and Bull/Bear strength, it generates reliable entry points for both trend-following and reversal strategies.

With its dual moving average system, overbought/oversold filters, and volatility confirmations, Super Arrow gives traders clear visual signals and customizable alerts for accurate trade timing. It works seamlessly across multiple styles—scalping, day trading, swing trading, or longer-term setups—on timeframes from M15 to H4 and higher.