Super Arrow Indicator
Using signals generated by a single indicator can be risky while trading. This is because using just one indicator to trade can give more false signals. Thus, many forex traders used three or more indicators to filter out good trade setups.
However, using multiple indicators for signals can also be complicating and confusing. This is especially true when these indicators are generating contradictory signals. The Super Arrow indicator, however, provides good signals by using multiple indicators. Thus, the Super Arrow indicator for MT4 avoids the problem of indicators contradiction.
The Super Arrow indicator for MT4 uses multiple indicators to generate high-winning signal trades. These indicators combined are the Moving Averages, Relative Strength Index, Bollinger Bands, and Magic Filter. These indicators are utilized by the Super Arrow indicator to filter out false signals as well as to generate good ones.