Besides, it has an inbuilt signal alert system that notifies users when a buy or sell signal arrow is displayed.įurthermore, the indicator supports the customization of the inbuilt parameters, which makes it suitable for users to adjust it into a model that suits their style of trading. The Super Arrow indicator is a system built with different indicators (bull/bear power, RSI, MA, Bollinger bands), which work together to identify a trend reversal. For instance, the Superb Arrow indicator would paint a buy signal arrow when the price of an asset reacts to the lower band of the Bollinger indicator while the RSI is at the oversold zone. The buy/sell signal arrows are painted directly on the chart once the indicators are in sync. It was built with the Bollinger bands, moving averages, Bull/Bear power, Relative Strength Index (RSI), and signal arrows to show the trend reversal zone/potential direction in the financial market. The Supper Arrow indicator is a trend reversal MetaTrader 4 (MT4) system that paints buy/sell signal arrows at the potential reversal zone of the price.
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