Arrows Signals Metatrader 4 Indicator

An indicator based on Fractals (Bill Williams). It’s a series of at least 5 successive candlesticks with the highest/lowest candlestick in the middle. The arrows signal indicator can be used to identify short-term tops and bottoms in trends. It can also be useful to draw trend lines (see indicator image below).

Up and Down Fractals

Trading Signals

No trading signals from this indicator. Use in conjunction with other trading tools.

Download

Download the Arrows Signals Metatrader 4 indicator.

Configurable Indicator Options

dist, arrowPosition

EUR/USD 1 Hour Chart Example

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