SFT Bullet Arrow | Forex indicator for MT4
Arrow indicator, for determining price reversals
Arrow appears on the closed bar
Allows you to enter the transaction at the very beginning of the turn
Can be used on any currency pairs, metals and cryptocurrency
Suitable for working with binary options
Distinctive features
- Determines the price correction;
- Advanced settings for fine tuning;
- It works on all timeframes and on all symbols;
- Suitable for trading currencies, metals, options and cryptocurrency (Bitcoin, Litecoin, Ethereum, etc.)
- Suitable for manual trading and for developing advisors.
For more accurate inputs and additional confirmation signals can be used in conjunction with other indicators.
Indicator Settings
- Bullet Arrow Period - indicator period;
- Chart Depth - the depth of the indicator on the chart;
- Alert Message - display messages on the screen and sound confirmation of the signal;
- Alert Email - sends signals to the mail, instructions for setting up the terminal here ;
- Alert Mobile - sends to the phone, via the installed mobile terminal, instructions for setting up here ;
Trading Recommendations
- When the red arrow appears, open Sell or Put (for options)
- When the blue arrow appears, open Buy or Call (for options)
- The trade direction should correspond to the trend direction on a higher timeframe.
- Exit the transaction on the reverse signal or on the established SL and TP.
- When using SL and TP, it is advisable to set the SL for the nearest extremum, TP = 1..2 SL.
- Signals that are in the respective zones of the SFT Trend Tape indicator work well
There are other options, in the process of trading you can develop the most convenient tactics for you.
For more information and a more detailed overview of trading methods, see here:
Trading strategy with indicator SFT Bullet Arrow
We wish you a stable and profitable trade.
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