StalkeR Arrow Indicator is an arrow-based indicator designed for traders seeking buy and sell signals on price charts. It provides signals at the bar open or even within the bar (intra bar), giving users alerts based primarily on price action patterns and fractals.
Key Advantages of Breakout Indicator
- Signal Generation – The key feature of StalkeR Arrow is that it marks potential entries using arrows. A buy or sell arrow appears when a qualifying pattern is detected, either at the beginning of the bar or during its formation. This can help traders make decisions during live market conditions rather than waiting for bar closing.
- Take Profit and Stop Loss Lines – Each signal includes a suggested Take Profit and Stop Loss level. These are displayed as horizontal lines above and below the original signal. The lines remain visible on the chart until a new signal appears, giving users a visual estimate of risk and reward for each trade.
- Backtesting and Performance Display – The Arrows indicator includes a backtesting panel or dashboard. This feature shows historical win/loss outcomes based on the generated signals. It provides an overview of how the indicator has performed over past market data. Although the feature may assist in understanding potential reliability, actual performance will vary by market conditions and user strategy.
- No Repainting or Backpainting – According to its description, the StalkeR Arrow does not repaint or backpaint. This means once a signal appears, it does not disappear or change position afterward. This can be significant for traders who rely on consistency in signals for strategy building.
Stalker Arrow Indicator can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.
Arrow Indicator is straightforward. Even a complete beginner can start trading and making profits with this system. You can set it to send you a signal alert via mobile notification, platform pop-ups, and email. This is helpful because it means you do not need to stare at the charts all day, waiting for signals to appear, and you can monitor multiple charts simultaneously.
Stalker Indicator can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. It can also be used on any time frame that suits you best, from the one-minute to the one-month charts.
Max Leverage
Small Accounts
Platforms
1:2000
Yes ✅ (Cent)
MT4, MT5
No Commission
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Conclusion
Stalker Arrow Indicator is a technical indicator offering arrow-based signals, suggested TP and SL levels, and a built-in performance tracking dashboard. It focuses on price action and fractals without signal repainting. How effective it is for individual traders will depend on their trading approach and application of the signals.
