Lion Arrow Super Arrow Indicator MetaTrader 4 – Free Download [TradingFinder]

The Lion Arrow Super Arrow Indicator on the MetaTrader 4 platform is a composite tool that combines several technical analysis instruments to deliver highly accurate trading signals. Its structure is as follows:

• Fast Moving Average (MA): Identifies short-term movements and reacts quickly to price changes
• Slow Moving Average (MA): Determines the overall market trend and removes short-term noise
• Relative Strength Index (RSI): Measures momentum and detects overbought or oversold conditions
• Magic Filter: An internal algorithm that filters out counter-trend or low-quality signals
• Bull Power & Bear Power: Measure buying and selling pressure to confirm market direction

Note: These components are analyzed simultaneously, and if conditions align, the indicator plots an arrow signal.

Lion Arrow Super Arrow Indicator Table

The general features of the Lion Arrow Super Arrow are presented below:

Lion Arrow Super Arrow at a Glance

The Lion Arrow Super Arrow Indicator first checks the conditions of each internal component. If all outputs align, the indicator issues a signal:

• In bullish conditions, a green arrow (Up Arrow) appears on the previous candle
• In bearish conditions, a red arrow (Down Arrow) appears on the previous candle

Using the previous candle instead of the current one makes signals more reliable; this may delay entries.

Indicator in a Bullish Trend

The chart below shows the EUR/AUD pair on a 30-minute timeframe.

The tool considers the market bullish if the following conditions hold:

• The Fast MA is above the Slow MA
• RSI moves above the 50 level with a positive slope
• Bull Power is in the positive zone and trending upward

This data convergence indicates rising buying momentum and buyer pressure over sellers. Under such conditions, a green arrow is displayed, issuing a buy signal.

Indicator in a Bearish Trend

The chart below shows the NASDAQ 100 (NAS100) on a 1-hour timeframe.

In bearish conditions, the Lion Arrow Super Arrow draws a red downward arrow on the previous candle.

This indicates a sell signal and defines a suitable zone for short (Sell) entries.

Lion Arrow Super Arrow Settings

The image below shows the settings panel of the indicator:

• Faster Moving Average: Period of the fast MA
• Slower Moving Average: Period of the slow MA
• RSI Period: RSI calculation period
• Magic Filter Period: Magic filter length
• Bollinger Bands Period: Bollinger Bands length
• Bollinger Bands Shift: Bollinger Bands offset
• Bollinger Bands Deviation: Bollinger Bands standard deviation
• Bulls Power Period: Bull Power calculation period
• Bears Power Period: Bear Power calculation period
• Utstup: Signal sensitivity threshold
• ALERT: Enable sound alert
• EMAIL: Send alert to email
• NOTIFICATION: Send notification to mobile device
• MESSAGE_TIMEOUT: Time interval between messages
• MESSAGE_SUBJECT: Alert message subject

Conclusion

The Lion Arrow Super Arrow trading indicator is a composite signal-generation tool on MetaTrader 4. By combining fast & slow Moving Average, RSI, the Magic Filter, and Bull/Bear Power, it evaluates market conditions with precision.

It plots green and red arrows on the previous candle, providing suitable entry and exit points for buy and sell trades.