Red Arrow Strategy

Red Arrow Strategy is a price action strategy. The signals for trading are generated by the concordance of three arrows. The arrow are the following: enter signal (blue arrow), Beast Super signal, Red Arrow.

Time Frame 30 min or higher.

Currency pairs: all and Commodities.

Metatrader 4 indicators setting:

Star, 3 ZZ semafor (5, 13, 34).

Arrow red .

Enter signal indicator (blue arrow).

Arrow white default setting ( this indicator recalculates slow) If you don't like this indicator you can replace it with Half Trend amplitude 2 or with step MA 7.2 length 10 Kv 5, step size 10. I use Beat super signal to clean the chart but it's the same thing. Arrow white is the Beast Super Signal.

Price grid.

STR Conf (14, 14, 1, 50).

Trading rules Red Arrow Strategy

Buy

Star ZZ semafor below the candle.

Buy Enter signal

Buy Arrow red.

Buy Arrow white (or Step MA or Half Trend).

Buy when all three signals occur.

Initial stop loss on the previous low swing.

Profit target with ratio 1: 1.12 stop loss or on grid levels.

Sell

Star ZZ semafor above the candle.

Sell Enter signal

Sell Arrow red.

Sell Arrow white (or Step MA or Half Trend),

sell when all three signals occur.

Initial stop loss on the previous low swing.

Profit target with ratio 1: 1.12 stop loss or on grid levels.

Installing Red Arrow Strategy To Your MT4 Charts

What follows below are the easy steps to install the Red Arrow Strategy to your MT4 platform. This should only take 5 minutes of your time.

Step 1. Download Red Arrow Strategy and save it on your computer.

Step 2. Extract the Red Arrow Strategyinto a folder

Step 3. Go to the folder you have just extracted

Step 4. Copy Red Arrow Strategy The indicators is usually located at C:\Program Files\Meta Trader 4\expert\indicators;

Copy Red Arrow Strategy (003) TPL The indicators is usually located at C:\Program Files\Meta Trader 4\expert\template

The indicator is usually located at C:\Program Files\Meta Trader 4\templates You are done with the installation process.

In the pictures Trend Navigator Indicator MT4.

Download Red Arrow strategy indicators and template MT4