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 buy and sell signal arrows.
How to find buying and selling opportunities on the chart?
- 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 average periods, CCI period, and more.
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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 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)
Precision Entry MT5 Strategy with Super Arrow Buy/Sell and Breakout RSI
The Super Arrow Buy Sell Indicator for MT5 offers clear entry signals with directional arrows.
Combining it with the Breakout RSI Indicator enhances signal accuracy by confirming momentum breakouts.
Recommended Timeframes
Best suited for M15 and H1 charts for balanced signal frequency and reliability.
Strategy Components
- Super Arrow Indicator: Displays buy/sell arrows based on trend and price action.
- Breakout RSI: Confirms momentum strength via RSI breakout levels.
Buy Setup
- Wait for a buy arrow from the Super Arrow Indicator.
- Confirm Breakout RSI crossing above its breakout threshold.
- Enter a long trade when both signals align.
- Place a stop-loss below recent support or swing low.
- Target key resistance levels or use a 1:2 risk-reward ratio.
Sell Setup
- Look for a sell arrow from the Super Arrow Indicator.
- Ensure Breakout RSI crosses below its breakout threshold.
- Enter a short trade once confirmed.
- Set stop-loss above recent resistance or swing high.
- Target support zones or maintain a 1:2 risk-reward ratio.
Why This Trading Strategy Works
The Breakout RSI Indicator validates arrow signals by confirming strong momentum, reducing false entries, and improving trade success.
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!
