Lion Arrow Super Arrow Indicator for MT5 (MT5) — review, price and free alternatives

The detailed analysis highlights how the indicator blends a fast reacting moving average with a slower trend average, a momentum oscillator, and a pressure based volume-like component to generate arrows only when conditions align across those elements. What makes the Lion Arrow Super Arrow Indicator for MT5 unique is its layered confirmation approach: entries require trend alignment, momentum confirmation above a threshold, and pressure filter agreement, which reduces whipsaws in range bound markets. The algorithm issues discrete buy and sell arrows and provides optional autotrade hooks, with user controls for sensitivity and timeframe scope. In practice the indicator performs best in trending and moderately volatile sessions, handling EURUSD and major FX pairs with steadier results than during low liquidity news spikes. Risk management is embedded through recommended stop loss bands and suggested position sizing rules calculated from recent volatility. Developed by Mehnoosh Karimi, the indicator emphasizes transparency of parameters and backtest reproducibility, making it suitable for traders who value measurable outcomes and disciplined trade execution.

Risk level for the Lion Arrow Super Arrow Indicator for MT5 is moderate when used with recommended settings and disciplined position sizing. The suggested stop loss strategy uses volatility based bands visible on the indicator, and traders should adopt 1 to 2 percent risk per trade to control portfolio drawdown. Position sizing can be automated by calculating lot size from ATR based risk per stop distance to maintain consistent monetary risk. Vulnerabilities include high impact macro news and thin liquidity periods where pressure readings become noisy and false arrows increase. For meaningful statistical results a recommended account size is $1,000 or higher with proper leverage management, scaling up as performance and drawdown metrics stabilize.

Install the indicator file into the MT5 Experts or Indicators folder, then restart the terminal and attach the indicator to your chosen chart. Configure key parameters such as sensitivity, moving average lengths, momentum threshold, and pressure filter lookback to match your preferred timeframe. Use low spread ECN or STP brokers for best execution and minimal slippage, and enable auto trading only after manual verification. Optimal chart timeframes are H1 and H4 for balanced signals, M15 for higher frequency testing. Perform a 90 day demo forward test and a minimum of 500 bar backtest before committing live capital.