Moreover, this indicator is suitable for any scalping, day trading, and swing trading strategies. Traders can implement this indicator besides other trading strategies to increase the probability. The basic concept of taking the trading decision is to buy a currency pair when the green arrow appears below the candlestick and sell when the green arrow appears above the candlestick.
The Super Arrow Indicator provided buy and sell signals on a price chart based on the concept of moving averages, Bollinger bands, Relative Strength Index (RSI), magic filters, and Bulls/ Bears Power. Now restart the indicator and go to Insert> Indicators> Custom and select the Super Arrow Indicator.Paste the indicator on the location mentioned above.Open MT4 platform and go to File> Open Data Folder> MQL4> Indicators.After downloading the indicator, you have to extract the rar file and copy the file.How to Setup the Super Arrow Indicatorįollow the step to install the Super Arrow indicator in any MT4 platform: Traders can use this indicator to find the exact buying and selling position of a currency pair or use it alongside to increase the probability of a trading strategy. Super Arrow is an MT4 trading indicator that shows the exact point of buying and selling a currency pair based on the knowledge of several prominent trading indicators.
