The Super Arrow Buy/Sell indicator for Metatrader 5 is an accurate buy and sell signal generator based on 3 moving averages and CCI.
The indicator appears in the price chart as simple to use buy and sell signal arrows.
How to find buying and selling opportunities?
- A possible buying opportunity arises when the blue colored arrow appears on the chart.
- A possible selling opportunity arises when the red colored arrow appears on the chart.
The indicator includes several inputs and parameters, such as the moving averages periods, CCI period, and more.
Becoming familiar with this technical indicator and thoroughly testing it on a demo account for an extended period is advisable.
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Buy Sell Signal Low TF.ex5 Indicator (MT5)
Chart Example
The picture below illustrates how the Super Arrow Buy/Sell indicator looks when applied to the MT5 chart.
How To Buy And Sell Currency Pairs Using The Super Arrow Buy/Sell Forex Indicator?
Find a simple trading strategy below:
Buy Signal
- A blue arrow generates a buy signal.
- Open a buy trade and place a stop loss below the previous swing low.
- Exit the buy trade for a fixed profit target, alternatively, wait for a red arrow.
Sell Signal
- A red arrow generates a sell signal.
- Open a sell trade and place a stop loss above the previous swing high.
- Exit the sell trade for a fixed profit target, alternatively, wait for a blue arrow.
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Buy Sell Signal Low TF.ex5 Indicator (MT5)
Frequently Asked Questions
How Do I Install This Custom Indicator On Metatrader 5?
- Open the MT5 trading platform
- Click on the File menu button located at the top left part of the platform
- Click on Open Data Folder > MQL5 folder > Indicators
- Copy the Buy Sell Signal Low TF.ex5 indicator file in the Indicators folder
- Close and restart the trading platform
- You will find the indicator here (Navigator window > Indicators)
- Drag the indicator to the chart to get started with it!
How Do I Edit This Indicator?
- Click on the open chart with your right mouse button
- In the dropdown menu, click on Indicator List
- Select the indicator and click on the properties
- Now you can edit the inputs, colors, levels, scale, and visualization
- Finally, click the OK button to save the new configuration