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The Lion Arrow Super Arrow Indicator for MetaTrader 5 is a sophisticated hybrid trading tool that combines multiple technical indicators to deliver accurate market signals. Designed to filter noise and highlight high-probability trade setups, it helps traders identify optimal entries and exits for both long and short positions.
?? Core Components
Faster Moving Average (MA): Quickly reacts to short-term price changes, identifying immediate market trends.
Slower Moving Average (MA): Determines the overall trend and filters out minor fluctuations.
Relative Strength Index (RSI): Measures market momentum and detects overbought/oversold conditions.
Magic Filter: Proprietary algorithm that eliminates weak or counter-trend signals.
Bull Power Bear Power: Quantify buying and selling pressure to confirm trend direction.
? Indicator Specifications
Categories: Signal Forecast, Trading Assist, Momentum
Platform: MetaTrader 5
Skill Level: Beginner–Intermediate
Indicator Type: Reversal
Timeframe: Multi-Timeframe
Trading Style: Intraday
Instruments: Forex, Crypto, Stocks, Commodities, Indices, Share Stocks, Binary Options
? How It Generates Signals
The indicator only issues an alert when all internal metrics align in the same direction:
Green Arrow (Buy): Appears on the previous candle during an uptrend.
Red Arrow (Sell): Appears on the previous candle during a downtrend.
Using the previous candle increases signal reliability while slightly delaying the entry.
? Uptrend Example
On the CAD/CHF 1-hour chart, a bullish signal is generated when:
Fast MA is above Slow MA
RSI is above 50 with a positive slope
Bull Power is positive and rising
A green arrow then marks the ideal buy entry point.
? Downtrend Example
On the XAU/USD 15-minute chart, bearish conditions trigger a red arrow:
Fast MA below Slow MA
RSI below 50
Bear Power negative and declining
This arrow indicates a potential short trade entry.
?? Settings Overview
Faster MA: Period for the fast-moving average
Slower MA: Period for the slow-moving average
RSI Period: RSI calculation period
Magic Filter Period: Length for the magic filter
Bollinger Bands: Period, shift, and deviation
Bull/Bear Power Period: Periods for Bull and Bear Power
Utstup: Sensitivity of signals
ALERT / EMAIL / NOTIFICATION: Enable sound, email, or mobile alerts
MESSAGE_TIMEOUT / MESSAGE_SUBJECT: Configure alert intervals and titles
? Conclusion
The Lion Arrow Super Arrow Indicator is a comprehensive hybrid system for MetaTrader 5 that merges multiple analytical tools to provide precise trading signals. By plotting green and red arrows on the previous candlestick, it helps traders pinpoint the best buy and sell opportunities while minimizing emotional trading decisions.