Power Arrow Metatrader 4 Indicator
This indicator is called the power arrow indicator. It’s composed of a 2 moving averages. A green arrow appears when the short-term MA crosses the longer term MA from below (bullish). A red arrow appears when the short-term MA crosses the longer term MA from above (bearish).
Forex Signals From This Indicator
BUY: Green power arrow appears on the chart.
SELL: Red power arrow appears on the chart.
Use in conjunction with other technical indicators and tools such as oscillators, candlestick patterns and trend lines.
Configurable Indicator Options
Colors, Alerts (true/false)
GBP/USD 1 Hour Chart Example