StalkeR Arrow Indicator MT4 Non-repainting arrow signals precise capture of price action
StalkeR Arrow is a powerful arrow indicator designed to provide precise buy and sell signals based on price action patterns and fractals. It generates signals on bar open or intra-bar, with each signal accompanied by clear Take Profit (TP) and Stop Loss (SL) lines. A key feature is its built-in backtesting panel, which displays historical win/loss statistics, providing traders with an immediate performance overview.
Vender website: https://www.mql5.com/en/market/product/112370
About the Author
This product is compiled by Abdulkarim Karazon. This Russia author has more than +2 years of experience working on MQL5 with many famous products such as StalkeR Arrow, M1 Gold, Max Paynex and others. Among them, StalkeR Arrow is his best performing product..
Key Features of StalkeR Arrow
Price Action & Fractal Signals
: Generate accurate
buy and sell signals
based on complex price action and fractal patterns.
Proactive Risk Management
: Each signal comes with automatically calculated
Take profit
(TP) and
Stop loss
(SL) lines that extend until a new signal is formed, providing clear targets.
Integrated Dashboard
: Instantly displays historical
profit/loss
statistics of past signals, allowing traders to quickly evaluate performance.
No Redraw
: This indicator is highly reliable as it does not redraw or redraw, ensuring signals are consistent and reliable over time.
Additional Features
Customizable Parameters
: Provides a variety of customizable settings, including
StalkeR Period
ATR Period
for
TP/SL
calculation, and visual settings for lines and arrows.
Spread Calculation
: Use customizable spread values to accurately calculate profits and losses on the backtest dashboard, reflecting real-world trading conditions.
Flexible Alerts
: Supports multiple alert options, including alerts, emails, and notifications, to ensure traders never miss a signal.
Adjustable Dashboard Position
: The position of the backtest dashboard on the chart can be customized to suit user preferences.
StalkeR Arrow Indicator MT4 Review
The StalkeR Arrow trading system, showcased across various financial instruments and timeframes, demonstrates a strong historical performance. Below is a detailed breakdown of the trading metrics extracted from the charts and what they suggest about the indicator’s reliability and profitability.
Why choose StalkeR Arrow?
Reliable Signals
: The use of price action, fractals, and the no-redraw feature ensures consistent and reliable signals.
Clear Risk Management
: Automatically generated TP/SL lines provide a clear and disciplined framework for
risk management
Instant Performance
: Provides traders with instant feedback on the indicator’s historical performance, helping to validate its effectiveness without the need for a separate strategy tester.
Highly Customizable
: Extensive parameter options allow traders to fine-tune the indicator according to their trading style and risk tolerance.
