The Super Arrow Forex Signal indicator for Metatrader 4 is a complete FX trading system that prints accurate buy & sell arrows on the chart.
The indicator appears in the main MT4 chart window as colored green and red arrows.
Just follow the signals as displayed by the indicator!
Buy & Sell Trade Example
- A green arrow is a buy signal.
- A red arrow is a sell signal.
The Super Arrow Forex Signal indicator can be used for both trade entry and exit or as a trend confirmation signal indicator for other strategies and systems.
The indicator works equally well on all currency pairs (majors, minors, and exotic) and shows promising results if used correctly.
Free Download
Download the “Super arrow.mq4” indicator for MT4
Indicator Chart (EUR/USD H1)
The picture below shows the Super Arrow Forex Signal MT4 indicator in action on the trading chart.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the Super Arrow Forex Signal indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Signal
Does the indicator repaint? No.
Super Arrow + Super Half Trend MT4 Day Trading Strategy
The Super Arrow Forex Signal Indicator for MT4 and the Super Half Trend Indicator for MT4 form a powerful combination for day traders who want clear, visually simple, and highly reliable
trend-following entries.
This setup eliminates guesswork and helps traders identify the start of a new daily move with precision.
It works best on the M30, H1, and H4 time frames, offering both intraday and short swing opportunities.
The Super Arrow indicator provides immediate buy or sell signals with green and red arrows.
A green arrow indicates a potential bullish setup, while a red arrow suggests a bearish reversal.
The Super Half Trend indicator filters these signals by showing the overall market direction through blue and red arrows.
A blue arrow confirms a buy trend, and a red arrow confirms a sell trend.
By combining these two, traders can avoid false entries and align trades with the dominant market momentum.
Buy Entry Rules
- Wait for a green arrow from the Super Arrow indicator, signaling a possible bullish setup.
- Confirm that the Super Half Trend indicator has printed a blue arrow, showing an established uptrend.
- Enter a buy trade after both signals align on the same or next candle.
- Set a stop loss below the most recent swing low or around 25–35 pips, depending on volatility.
- Take profit when a red Super Arrow appears or when the Super Half Trend changes from blue to red.
Sell Entry Rules
- Wait for a red arrow from the Super Arrow indicator, indicating a bearish signal.
- Confirm that the Super Half Trend indicator has a red arrow, confirming a downward trend.
- Open a sell trade after both signals align on the same or following candle.
- Place a stop loss above the recent swing high or around 25–35 pips above the entry.
- Take profit when a green Super Arrow appears or when the Super Half Trend changes from red to blue.
Advantages
- Combines trend confirmation and entry timing for high-accuracy trades.
- Easy to read with simple color-coded arrows for both indicators.
- Reduces false entries by requiring confirmation from both indicators.
- Suitable for all major currency pairs and commodities.
- Works efficiently on medium time frames, reducing market noise.
Drawbacks
- Signals can appear late during fast market reversals, leading to smaller profit windows.
- In ranging or sideways markets, both indicators may generate false entries.
- Best results require filtering trades using higher time frame confirmation.
Example Case Study 1 – EURUSD H1
On the EURUSD H1 chart, a green arrow appeared from the Super Arrow indicator around 1.0850 after a short correction.
The Super Half Trend confirmed the direction with a blue arrow, signaling a continuation of the bullish trend.
A buy trade was opened at 1.0855 with a 30-pip stop loss.
Within 6 hours, the pair climbed steadily to 1.0915, hitting the 60-pip take profit.
The alignment between both indicators kept the position safe from false reversals and ensured a smooth day trade.
Example Case Study 2 – GBPUSD M30
On the GBPUSD M30 chart, a red arrow from the Super Arrow indicator appeared at 1.2850, just as the Super Half Trend turned red.
This confirmed a new bearish phase forming after a failed rally.
A sell trade was entered at 1.2845 with a 25-pip stop loss and a 50-pip take profit target.
The price quickly moved down to 1.2795 within the next few hours, resulting in a clean intraday profit.
The combined signals helped filter out false breakouts and locked onto the main trend.
Strategy Tips
- Use this setup during the London and New York sessions when price movement is more predictable.
- Avoid trading when the market is consolidating, as false arrows are more likely to appear.
- Check higher time frames (H4 or Daily) to ensure trades follow the broader market direction.
- Trail your stop loss once the trade gains 25–30 pips to secure partial profits.
- Focus on major pairs such as EURUSD, GBPUSD, and USDJPY for cleaner trends and smaller spreads.
This Super Arrow and Super Half Trend MT4 day trading strategy offers a structured and visual approach to identifying strong intraday opportunities.
By combining directional confirmation with timely entry signals, traders can trade confidently in the direction of the prevailing trend while minimizing noise and hesitation.
