The Lion Arrow Super Arrow indicator for MT4 is a multi-indicator arrow-based tool that combines fast and slow moving averages, RSI, Magic Filter, Bull Power, and Bear Power to generate accurate buy and sell trading alerts. This allows forex traders to identify market trends and enter trades effectively.
It is a simple arrow-based indicator suitable for both new and advanced forex traders. It works on all intraday charts, as well as daily, weekly, and monthly timeframes, making it useful for Scalping, short-term, and long-term trading strategies. Traders can also customize input settings to match their preferred trading style.
How It Works
- Bullish Signal: Green up arrow appears on the chart
- Bearish Signal: Red down arrow appears on the chart
- The indicator automatically calculates all parameters from the combined indicators
- Arrow signals appear on previous candles, not the current one, to confirm trends
Trading Strategy
- Buy Trade:
- When a green up arrow appears
- Place stop loss below the previous swing low
- Book profits at an opposite trading signal
- Sell Trade:
- When a red down arrow appears
- Place stop loss above the previous swing high
- Exit at an opposite signal
This ensures Trend Confirmation and reduces the risk of false entries.
Benefits and Features
✔ Combines multiple indicators for more reliable signals
✔ Clear arrow-based buy/sell alerts
✔ Works on all timeframes – intraday to monthly
✔ Suitable for scalping, intraday, and long-term trading
✔ Customizable input parameters for personalized trading
✔ Easy to use for both new and experienced traders
Conclusion
The Lion Arrow Super Arrow indicator for MT4 is a powerful forex Trend Indicator that merges multiple technical indicators into clear up and down arrow trading signals. It is suitable for all timeframes and trading styles, providing stable and profitable trend signals.
