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Non repainting arrows

Etorix

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Hello Dear Community,

I wanted to share a non repainting arrow indicator, which I use live for a long time. I got really good results from it. But before entering a trade I would always prefer to draw s/r and look for confirmation. Don't trade in a ranging market.

A screenshot of current eu chart see below.

Greetings
 

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Hello Dear Community,

I wanted to share a non repainting arrow indicator, which I use live for a long time. I got really good results from it. But before entering a trade I would always prefer to draw s/r and look for confirmation. Don't trade in a ranging market.

A screenshot of current eu chart see below.

Greetings
WHAT IS THE BEST TIME FRAME TO USE
 
Hello Dear Community,

I wanted to share a non repainting arrow indicator, which I use live for a long time. I got really good results from it. But before entering a trade I would always prefer to draw s/r and look for confirmation. Don't trade in a ranging market.

A screenshot of current eu chart see below.

Greetings
A lot of false signals on the shorter timeframes. It only works efficiently at H4. What are your settings? Default are inaccurate.
 
Hello Dear Community,

I wanted to share a non repainting arrow indicator, which I use live for a long time. I got really good results from it. But before entering a trade I would always prefer to draw s/r and look for confirmation. Don't trade in a ranging market.

A screenshot of current eu chart see below.

Greetings
very good indicator do u have mq4 for it?
 
A lot of false signals on the shorter timeframes. It only works efficiently at H4. What are your settings? Default are inaccurate.

Thats true. Actually I am using default settings, but would never blindly enter a trade when the arrow appears. Only when priceaction confirms it.

Example below: GBPNZD

Price rejected from daily resistance, bearish priceaction confirmed and arrow appears = sell.
 

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