Re: What is the best arrow indicator u guys come accross

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TECHHDATE07 wrote: Sun Jun 21, 2020 6:12 pm hey guys,

I am looking for a good arrow indicator that is not repainting... I am not gonna use it as a standalone indicator but looking forward to add to my system...if u guys have come across them do post them here...

thanks a ton in advance .
I tend to steep clear from arrow indicators but the best arrow indicator I've used is the Trend Signal by Mrtools which was posted in the Daily Downloads some time ago.
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Re: What is the best arrow indicator u guys come accross

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No matter how you evaluate the contribution of mrtools / Mladen to financial trading technology, it is not too much.

My evaluation of them is two words: "Godfather"!




The better arrow indicators in the past are: sidus.mq4, asctrend.mq4 (TrendSignal 2.31 mtf.mq4).

There are some problems with the original version of sidus, so the original author may have been wiped out by the market—maybe he has already made a fortune and disappeared, but in short, it seems to have disappeared. However, his masterpiece sidus will always be legendary. Thanks to sidus for his outstanding contribution!

mrtools / Mladen has made revolutionary changes to the sidus indicators and no longer redraws them. The arrows from their modified sidus are good and more accurate.







The 4_time_frame_Sidus and 4_time_frame_asctrend written by William Snyder are very classic. (Among them: 4_time_frame_asctrend was written by teacher William Snyder a few years ago).
But 4_time_frame_Sidus and 4_time_frame_asctrend need to modify M10, because there is no M10 in MT4.







For short-term trading, it is recommended to use Trend direction + force index averages-(multisymbol + mtf + alerts). This is a masterpiece of mrtools!







The above three (groups) indicators require traders to get a logical "trading system", and each parameter should be carefully set.
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