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Matrix Arrow Indicator MT5

5
Matrix Arrow Indicator MT5 is a unique 10 in 1 trend following 100% non-repainting multi-timeframe indicator that can be used on all symbols/instruments: forex, commodities, cryptocurrencies, indices, stocksMatrix Arrow Indicator MT5 will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are:

Average Directional Movement Index (ADX)
Commodity Channel Index (CCI)
Classic Heiken Ashi candles
Moving Average
Moving Average Convergence Divergence (MACD)
Relative Vigor Index (RVI)
Relative Strength Index (RSI)
Parabolic SAR
Stochastic Oscillator
Williams' Percent Range

    When all indicators give a valid buy or sell signal, a corresponding arrow will be printed on the chart, at the opening of the next candle/bar indicating a strong uptrend/downtrend. The user can choose which indicators will use and can adjust the parameters of each indicator separately. Matrix Arrow Indicator MT5 gathers information only from the selected indicators and prints the arrow based only on their data. Matrix Arrow Indicator MT5 can also send terminal, push notification or email alerts for all new signals. Matrix Arrow Indicator MT5 is a super friendly & efficient solution whether you are a scalper, intraday or swing trader!

    Matrix Arrow Indicator MT5 comes with a free add on, the Matrix Arrow Indicator Multi Timeframe Panel MT5 that offers the option to show the Matrix Arrow Indicator signals for 5 customizable timeframes of 16 modifiable symbols/instruments. It gives also the option to change the current chart it is attached onto, by clicking any one of the 16 modifiable symbol buttons. This will allow you to work much faster between different symbols and never miss a trading opportunity again. You can download/install the Matrix Arrow Indicator Multi Timeframe Panel MT5 here: https://www.mql5.com/en/market/product/75011

    A totally unique Expert Advisor that allows you to trade the Matrix Arrow Indicator MT5 signals, directly from a trade panel on the chart is now available! Matrix Arrow EA MT5 also has an option to trade Matrix Arrow Indicator MT5 arrow signals automatically, offering a 100% algorithmic trading option!

    Matrix Arrow EA MT5: https://www.mql5.com/en/market/product/70813


    Matrix Arrow Indicator MT5 Installation & User Guide   |    How to Trade with the Matrix Arrow Indicator MT5    |    Matrix Arrow Indicator MT5 Settings/Inputs Guide    |    Update of a Purchased Product


    Features

    • 100% Non-Repainting indicator
    • 10 in 1 unique and extremely efficient Matrix and Arrow indicator
    • Works on all timeframes and all symbols/instruments
    • Super accurate Arrow signals that indicate a strong trend
    • Exit dot signals define neutral periods with no clear trend
    • Equally effective in trending and ranging markets
    • Each one indicator can be turned ON/OFF
    • Each and every parameter of all 10 indicators are fully adjustable
    • Matrix and Arrow colors are fully customizable
    • Free add on Panel with Matrix Arrow signals for 16 symbols and 5 timeframes
    • Terminal, Push Notification and Email Alerts available
    • Ideal for beginners but also a great asset for experienced traders


      Real Trading Examples of Matrix Arrow Indicator MT5

      You can see here real trading examples of Matrix Arrow Indicator MT5click here


      I would greatly appreciate a positive review if you are happy with your purchase. Please contact me to find a solution if you are not.


      Check all my products: https://www.mql5.com/en/users/eleanna74/seller

      Contact me for support: https://www.mql5.com/en/users/eleanna74


      #tags matrix arrow trend non-repaint no repainting accurate profitable efficient indicator trend following indicator arrow signals multi timeframe indicator scalping swing day trading ranging market indicators


      Reviews 19
      Martin Promesberger
      140
      Martin Promesberger 2024.10.17 23:41 
       

      As a professional trader with years of experience and having tested countless indicators on various platforms, I can confidently say that this 10-in-1 Indicator on MQL5 is by far the best I've encountered. What makes this indicator truly stand out is its ability to combine 10 proven standard indicators into one powerful tool. This is not only a huge time-saver but also incredibly effective. Each indicator is clearly displayed, and the synergy between them generates precise arrows that highlight optimal entry and exit points for trades. The accuracy of these signals is particularly impressive. Unlike many other indicators that can produce false or unclear signals, this tool consistently delivers reliable market entries with a high success rate. I’ve used it across both short-term and long-term strategies, and the results have been outstanding every time. In addition to the automatic signals, the indicator provides even more value for experienced traders who can analyze the markets visually. By reviewing the individual indicators, I’ve discovered many additional trading opportunities, making this tool versatile and valuable for all types of traders. What's truly remarkable, however, is that this indicator is also perfect for beginners. It’s incredibly easy to set up and use, with simple and intuitive settings. Even if you're new to trading, the indicator takes much of the analysis off your plate and helps you spot profitable opportunities effortlessly. The default settings work great right out of the box, but for those who want more control, there are plenty of customization options to fine-tune it to your specific needs. Whether you're a complete beginner or a seasoned trader, this 10-in-1 Indicator simplifies the analysis process, boosts your trading efficiency, and significantly enhances profitability. Hands down, the best indicator I’ve used on MQL5. Highly recommended for anyone serious about trading!

      judzoludzo
      75
      judzoludzo 2023.11.06 05:35 
       

      This indicator is out of this world, works like magic! Thank you. Problem is I tried to switch timeframes and it stopped working altogether on my charts, it's not even installing now, pale help

      morgendugg
      211
      morgendugg 2023.07.12 12:37 
       

      Great indicator! Can you please add the Hull Moving Average (HMA)?

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      Fibonacci retracement is a method of technical analysis for determining support and resistance levels. The TSO Fibonacci Chains Indicator is different from a simple Fibonacci Retracements indicator in that it provides the targets for each retracement level. In other words, there is an Extension Level (D) for every Retracement Level (C). In addition, if an Extension Level is reached, then a new Fibonacci setup is created automatically. These consecutive Fibonacci setups create a chain that reveal
      PZ Swing Trading MT5
      PZ TRADING SLU
      5 (5)
      Protect against whipsaws: revolutionize your swing trading approach Special Offer: Purchase now to receive free bonuses worth $135! (Read more for details) Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market i
      Volume by Price MT5
      Brian Collard
      3.25 (4)
      The Volume by Price Indicator for MetaTrader 5 features Volume Profile and Market Profile TPO (Time Price Opportunity). Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker collapsed and split structure charts. Static, dynamic and flexible range segmentation and compositing methods with relative and absolute visualizations. Session hours filtering and segment concatenation with Market Watch and custom user specifications. Graphical layering, positio
      Contact me for instruction, any questions! Related Product:  Gold Trade Expert MT5 Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.  The break and retest strategy is designed to help traders do two main things, the first is to avoid false breakouts. Many false breakouts start with a candlestick that breaks out of a level but ends with an immediate candlestick that brings the price back into the level. T
      Identify key turning points with reliable fractal analysis Special Offer: Purchase now to receive free bonuses worth $30! (Read more for details) This indicator examines the price structure of fractals of different periods to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model. Unlike its younger brother, Reversal Fractals , this indicator won't miss reversals because of the period selected, and
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      Local Trade Copier EA MT5
      Juvenille Emperor Limited
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      Local Trade Copier EA MT4
      Juvenille Emperor Limited
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      Heiken Ashi EA MT4
      Juvenille Emperor Limited
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      Heiken Ashi EA MT5
      Juvenille Emperor Limited
      4.94 (16)
      Heiken Ashi EA ΜΤ5  is a fully automated Expert Advisor for trading the Classic or Smoothed Heiken Ashi candles at an entirely new approach.  Heiken Ashi EA MT5  opens a single trade after the first different color candle's close and an opposite trade on every Heiken Ashi color change. There is an option to use this EA by opening the first trade after the 1st Heiken Ashi candle of different color has been closed and then open a new same direction trade on every candle, as long as the color of He
      Matrix Arrow EA MT5
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      5 (5)
      Matrix Arrow EA MT5  is a unique expert advisor that can trade the  Matrix Arrow Indicator's MT5   signals with a trade panel on the chart, manually or 100% automatically.  Matrix Arrow Indicator MT5  will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Average Moving Average Convergence Divergence (MACD)
      Japanese Candlestick Patterns EA MT4
      Juvenille Emperor Limited
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      Colossus EA MT5
      Juvenille Emperor Limited
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      Partial Closure EA MT4
      Juvenille Emperor Limited
      5 (3)
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      Moving Average EA MT4
      Juvenille Emperor Limited
      4 (4)
      Moving Average EA ΜΤ4   is a fully automated Expert Advisor that takes the trading of Moving Average to a whole new level.  Moving Average EA MT4  can either open one buy trade when MA turns up (blue color MA) or one sell trade when MA turns down (red color MA) or can open a new same direction trade on every new candle, as long as the slope direction of the Moving Average remains unchanged. A series of unique settings make this EA extremely versatile. This EA comes with provided set files for ma
      Rsi EA MT5
      Juvenille Emperor Limited
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      Partial Closure EA MT5
      Juvenille Emperor Limited
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      Basket EA MT4
      Juvenille Emperor Limited
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      Price Action Trade Panel EA MT5
      Juvenille Emperor Limited
      5 (4)
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      Matrix Arrow EA MT4
      Juvenille Emperor Limited
      5 (8)
      Matrix Arrow EA MT4 is a unique expert advisor that can trade the Matrix Arrow Indicator's MT4 signals with a trade panel on the chart, manually or 100% automatically.  Matrix Arrow Indicator MT4 will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Average Moving Average Convergence Divergence (MACD) Rel
      Basket EA MT5
      Juvenille Emperor Limited
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      Juvenille Emperor Limited
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      Moving Average EA MT5
      Juvenille Emperor Limited
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      Moving Average EA ΜΤ5   is a fully automated Expert Advisor that takes the trading of Moving Average to a whole new level.  Moving Average EA MT5  can either open one buy trade when MA turns up (blue color MA) or one sell trade when MA turns down (red color MA) or can open a new same direction trade on every new candle, as long as the slope direction of the Moving Average remains unchanged. A series of unique settings make this EA extremely versatile. This EA comes with provided set files for ma
      The   Matrix Arrow Indicator Multi Timeframe Panel MT5   is a free add on and a great asset for your   Matrix Arrow Indicator MT5 . It shows the current   Matrix Arrow Indicator MT5   signal for 5 user customized timeframes and for 16 modifiable symbols/instruments in total. The user has the option to enable/disable any of the 10 standard indicators, that the Matrix Arrow Indicator MT5 consists of. All of the 10 standard indicators attributes are also adjustable, as in the   Matrix Arrow Indicat
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      Matrix Arrow Indicator MT4
      Juvenille Emperor Limited
      5 (3)
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      Japanese Candlestick Patterns EA MT5
      Juvenille Emperor Limited
      5 (2)
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      Chart Symbol Changer for MT5
      Juvenille Emperor Limited
      5 (8)
      Chart Symbol Changer for MT5   is an indicator/utility that offers you the option to change the current chart symbol that is attached onto with a click of a symbol button on its panel.  Chart Symbol Changer for MT5  gives you the option to configure the 32 symbol buttons to your personal preference, by adding the pairs you want to keep any eye on and trade the most. This way you will never miss an opportunity, because you can have a faster view of the market on your chart with just a few clicks.
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      Manual Trade Panel EA MT4
      Juvenille Emperor Limited
      5 (5)
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      Signal Multiplier EA MT5
      Juvenille Emperor Limited
      4.92 (13)
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      Manual Trade Panel EA MT5
      Juvenille Emperor Limited
      5 (1)
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      Chart Symbol Changer for MT4
      Juvenille Emperor Limited
      5 (7)
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      Price Action Trade Panel EA MT4
      Juvenille Emperor Limited
      5 (2)
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      Juvenille Emperor Limited
      5 (15)
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      Juvenille Emperor Limited
      5 (1)
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      Filter:
      Martin Promesberger
      140
      Martin Promesberger 2024.10.17 23:41 
       

      As a professional trader with years of experience and having tested countless indicators on various platforms, I can confidently say that this 10-in-1 Indicator on MQL5 is by far the best I've encountered. What makes this indicator truly stand out is its ability to combine 10 proven standard indicators into one powerful tool. This is not only a huge time-saver but also incredibly effective. Each indicator is clearly displayed, and the synergy between them generates precise arrows that highlight optimal entry and exit points for trades. The accuracy of these signals is particularly impressive. Unlike many other indicators that can produce false or unclear signals, this tool consistently delivers reliable market entries with a high success rate. I’ve used it across both short-term and long-term strategies, and the results have been outstanding every time. In addition to the automatic signals, the indicator provides even more value for experienced traders who can analyze the markets visually. By reviewing the individual indicators, I’ve discovered many additional trading opportunities, making this tool versatile and valuable for all types of traders. What's truly remarkable, however, is that this indicator is also perfect for beginners. It’s incredibly easy to set up and use, with simple and intuitive settings. Even if you're new to trading, the indicator takes much of the analysis off your plate and helps you spot profitable opportunities effortlessly. The default settings work great right out of the box, but for those who want more control, there are plenty of customization options to fine-tune it to your specific needs. Whether you're a complete beginner or a seasoned trader, this 10-in-1 Indicator simplifies the analysis process, boosts your trading efficiency, and significantly enhances profitability. Hands down, the best indicator I’ve used on MQL5. Highly recommended for anyone serious about trading!

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2024.10.18 00:02
      Thank you so much for this amazing review Martin! I’m really happy to hear how well the Matrix Arrow Indicator has worked for you, both as a time-saver and a versatile tool for all trading styles. Your detailed feedback is truly appreciated, and I’m glad it has helped enhance your trading strategies!
      Arash Ghasempour
      71
      Arash Ghasempour 2024.09.24 08:12 
       

      User didn't leave any comment to the rating

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2024.09.24 09:05
      Thank you so much for your wonderful 5-star review! I am thrilled to hear that the Matrix Arrow Indicator helped you see results so quickly. It's great to know that you're finding it useful as an all-in-one solution. Your recommendation means a lot to me, and I'm excited to continue supporting your trading journey. If you ever have any questions or need assistance, don't hesitate to reach out. Wishing you continued success!
      judzoludzo
      75
      judzoludzo 2023.11.06 05:35 
       

      This indicator is out of this world, works like magic! Thank you. Problem is I tried to switch timeframes and it stopped working altogether on my charts, it's not even installing now, pale help

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2023.11.06 09:34
      Thank you very much for your excellent review! As for the issue you are encountering, make sure that you have installed your Matrix Arrow Indicator MT5 through your MQL5 account and not by copy/paste of ex5 file between MT5 terminals. Also before you install your Matrix Arrow Indicator MT5 it is strongly advised to put in MT5 >> Tools >> Options >> Chart >> Max Bars in Chart >> 1000 or a similar low number, because when Matrix Arrow Indicator MT5 is attached on a chart, calculates all 10 indicator's attributes over this number of bars/candles and if you have a large number there, like many thousands or millions, it will take more time to update each time and may make your MT5 terminal freeze on a slow computer. Follow the instuctions in the installation and user guide here: https://www.mql5.com/en/blogs/post/745711
      tranliemkts
      44
      tranliemkts 2023.08.04 14:08 
       

      this indicator is heavy and choppy when switching timeframes, need to fix this and need more colorful element showing in indicator move level

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2023.08.05 14:37
      Hello, your Matrix Arrow Indicator MT5 is heavy and choppy when you change between timeframes, because you haven't changed the Max Bars in Chart >> 1000 as per my instructions in the installation and user guide. My guide writes ( https://www.mql5.com/en/blogs/post/745711 ): Before you install your Matrix Arrow Indicator MT4/5 !!! Important: It is strongly advised to put in MT4/5 >> Tools >> Options >> Chart >> Max Bars in Chart >> 1000 or a similar low number, because when Matrix Arrow Indicator MT4/5 is attached on a chart, calculates all 10 indicator's attributes over this number of bars/candles and if you have a large number there, like many thousands or millions, it will take more time to update each time and may make your MT4/5 terminal freeze on a slow computer. I am sending you all this information in a private message, hoping that you will answer me in order to give you the best customer support possible, as I do with all my customers.
      morgendugg
      211
      morgendugg 2023.07.12 12:37 
       

      Great indicator! Can you please add the Hull Moving Average (HMA)?

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2023.07.12 12:56
      Thank you very much for your great review! I will put your request in my future update list.
      Wynand Fourie
      155
      Wynand Fourie 2023.02.09 03:24 
       

      Anyone mind sending me their color and input settings?

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2023.02.09 10:18
      Hello, the default settings of the Matrix Arrow Indicator MT5 are optimized for most symbols and timeframes, but I hear you concentrate on a very specific type of trading, 1M selling only. I suggest you to read carefully the step 17 of the installation and user guide please: https://www.mql5.com/en/blogs/post/745711
      wfney Valencia
      70
      wfney Valencia 2023.01.31 19:23 
       

      Hello everyone, I want to tell you that the Matrix Arrow indicator does its job as Eleni mentions, and in fact she is an excellent person always willing to help. The percentage of hits that this indicator can achieve is incredible, obviously in the period of time that it deems appropriate. Congratulations to the creator.

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2023.01.31 23:09
      I am really grateful for your nice comments and excellent feedback and review!
      Rashid Al-Nahlawi
      289
      Rashid Al-Nahlawi 2023.01.31 10:53 
       

      Amazing Indicator that reflects good programming skills and understanding of the market. I combine it with the free Matrix Arrow Multi Time Frame Panel and getting accurate entry & exit points on different pairs. Eleni "the author" is very active and open to new ideas to enhance the product. So far, I'm being profitable using this indicator.

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2023.01.31 11:01
      Thank you very much for your useful feedback and excellent review Rashid! I am really happy that you helps you with your trading.
      Rex992
      81
      Rex992 2022.07.27 22:23 
       

      this indicator is powerful....used correctly

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2022.07.27 23:39
      Thank you very much for your great review! I will make an important update soon that will add interesting features to the Matrix Arrow Indicator MT4/5 and improve its performance.
      Carlos Augusto
      30
      Carlos Augusto 2022.07.14 19:20 
       

      Baixei ontem esse seu produto e o EA também. Tive apenas um trade e ele foi feito corretamente, segui a instalação dos modelos padrões do arquivo EA. Tenho apenas uma dúvida, posso utilizar o EA em outros tempo? Como por exemplo: 5 minutos, etc.

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2022.07.14 19:24
      Hello Carlos, thank you very much for your 5 star review! The Matrix Arrow EA can be used in other timeframes, but not with my provided set files, these are for specific symbols and timeframes. If you want to try using it in other timeframes too, I suggest to you to perform some tests in the Strategy Tester first, in order to find a profitable setup and then try it on your demo or live account with a small risk. Very soon I will be making a very important update on the Matrix Arrow Indicator and EA with new features, new exit signals, new exit confirmation for the Matrix Arrow signals and new set files for all symbols.
      kzhitij
      24
      kzhitij 2022.06.14 15:11 
       

      User didn't leave any comment to the rating

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2022.06.14 15:16
      Thank you very much for your nice comments and your excellent review!
      Aykan Sevinç
      71
      Aykan Sevinç 2022.06.10 10:27 
       

      J'ai utilisé MATRIX ARROW INDICATEUR et MATRIX ARROW EA, j'en suis complètement satisfaits, excellents produits de Eleni !! Vendeur très sérieux, très disponible, personne très très serviable !

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2022.06.10 10:28
      Thank you really very much Aykan for your warmhearted review! It was really a pleasure helping you!
      kouzy1024
      64
      kouzy1024 2022.05.23 13:28 
       

      If you use this indicator, it's definitely best to use it with an EA. I bought an EA. There are endless possibilities.

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2022.05.23 13:50
      Thank you very much for your excellent review! I really appreciate it.
      Martin Alex Mouth
      191
      Martin Alex Mouth 2022.05.15 21:35 
       

      User didn't leave any comment to the rating

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2022.05.15 21:51
      Matrix Arrow Indicator's default settings have been optimized to work with most symbols and timeframes. There are no special settings for the indexes you mentioned, but you can experiment by turning off and on any of the 10 standard indicators that the Matrix Arrow Indicator consists of, testing various setups.
      samuelluna luna
      232
      samuelluna luna 2022.04.30 18:56 
       

      Parabéns pelo excelente trabalho me foi muito rentável o indicador para MT5.

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2022.04.30 18:58
      Thank you very much for your positive review! This is the best reward for me!
      shifuoogway
      149
      shifuoogway 2022.03.23 01:00 
       

      Very useful tool. Thanks. Being also able to specify the arrow character and its size would be a great addition.

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2022.03.23 09:38
      Thank you very much for your great review! I will think about your request.
      DownTheRabbitHole
      353
      DownTheRabbitHole 2022.02.06 01:32 
       

      User didn't leave any comment to the rating

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2022.02.06 10:19
      Thank you very much for your 5 star review!
      Marco da Costa
      143
      Marco da Costa 2022.01.14 18:37 
       

      Excellent indicator! I've been testing this indicator on my demo account, with excellent results. I'll be using it manually for intraday and then the Matrix Arrow EA for higher timeframes. The support from Eleni is world class...extremely patient and knowledgeable. Thank you for all your guidance and setup assistance Eleni!

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2022.01.14 18:41
      I really appreciate your great review Marco! I will always be by your side to assist you in anything you need, concerning my products and more.
      MarketWatch27378757
      152
      MarketWatch27378757 2022.01.04 01:32 
       

      I am honestly astonished that this isnt popular this thing is wonderful

      Juvenille Emperor Limited
      77327
      Reply from developer Eleni Anna Branou 2022.01.04 09:32
      Thank you very much for your excellent review! I think that with time, the Matrix Arrow Indicator will receive the popularity it deserves.
      Reply to review
      Version 2.10 2023.07.11
      Fix of a bug with the display of H2, H3, H6, H8 and H12 timeframe alerts.
      Version 2.0 2022.08.09
      Fix of an issue with RSI Smooth strategy exit dot signals.
      Version 1.90 2022.08.05
      WARNING: Dear friends and users of the Matrix Arrow Indicator MT5, if you use the Multi Timeframe Panel MT5 and the Matrix Arrow EA MT5 as well, you must update all these 3 products together, in order to work smoothly after their update, because the New Matrix Arrow Indicator MT5 can only work with the New Matrix Arrow Multi Timeframe Panel MT5 and the New Matrix Arrow EA MT5. I also strongly suggest you to perform your updates when you have no open trades in your trading account!

      Matrix Arrow Indicator MT5 has been updated with the following improvements:

      1. New exit blue/red dot signals are available on the chart from today. These exit dot signals mark the end of a previous arrow signal and that is why the have the opposite color of the previous entry arrow signal.

      2. All Matrix Arrow Indicators can now be used for entry signal only, exit signal only, entry & exit signal or nothing at all. Possibilities and variations are much increased, improving the performance of the Matrix Arrow Indicator MT5.

      3. A new strategy has been added for the RSI indicator. From now on except the RSI Crossing strategy, you can use the RSI Smooth strategy, that opens buy trades above the RSI Smooth Overbought Level and sell trades below the RSI Smooth Oversold Level. I will post a detailed explanation of that RSI Smooth strategy in the settings/inputs guide and in the comments section.

      4. New EMA Crossing options have been added at the bottom of the Matrix Arrow Indicator MT5, that can filter the entry and exit signals better, improving Matrix Arrow Indicator's performance in consolidation periods.

      5. Finally new optimized default settings are introduced for the Matrix Arrow Indicator, that will improve its performance in most symbols/instruments and timeframes.

      WARNING: Dear friends and users of the Matrix Arrow Indicator MT5, if you use the Multi Timeframe Panel MT5 and the Matrix Arrow EA MT5 as well, you must update all these 3 products together, in order to work smoothly after their update, because the New Matrix Arrow Indicator MT5 can only work with the New Matrix Arrow Multi Timeframe Panel MT5 and the New Matrix Arrow EA MT5. I also strongly suggest you to perform your updates when you have no open trades in your trading account!
      Version 1.80 2021.12.03
      A new buffer has been added to the Matrix Arrow Indicator MT5, in order to work smoothly with the new free add on, the Matrix Arrow Indicator Multi Timeframe Panel MT5 that offers the option to show the Matrix Arrow Indicator signals for 5 customizable timeframes of 16 modifiable symbols/instruments. It gives also the option to change the current chart it is attached onto, by clicking any one of the 16 modifiable symbol buttons. This will allow you to work much faster between different symbols and never miss a trading opportunity again. You can download/install the Matrix Arrow Indicator Multi Timeframe Panel MT5 here: https://www.mql5.com/en/market/product/75011
      Version 1.70 2021.08.26
      Improvements.
      Version 1.60 2021.08.19
      New improved default settings for the Matrix Arrow Indicator MT5, that gives fewer but more accurate signals.
      Version 1.50 2021.07.22
      Minor improvements.
      Version 1.40 2021.07.21
      Minor Improvements.
      Version 1.30 2021.07.21
      Minor Improvements.
      Version 1.20 2021.07.21
      Minor Improvements.
      Version 1.10 2021.07.21
      Minor imporvements.