M1 Gold Arrow Indicator v1.0 MT4 (Unlimited)

What is M1 Gold Arrow Indicator?

M1 Gold Arrow is a dedicated indicator designed for trading the XAUUSD pair on the M1 timeframe. It is built on the Max Payne system, combining two custom arrow indicators and a trend filter. The indicator is highly appreciated by the Gold trading community and is capable of supporting all levels of users.

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Why choose M1 Gold Arrow Indicator?

• Precision and Accuracy:
  • Based on the proven Max Payne system for optimal trading signals.
  • Utilizes a combination of custom arrow indicators and a trend filter for enhanced accuracy.
  • Minimizes false signals and maximizes profitability.
• No Repainting or Backpainting:
  • Provides clear and consistent signals without any modifications to historical data.
  • Ensures transparency and trust in the indicator’s performance.
• Built-in Backtesting Panel:
  • Saves time and effort by providing essential backtesting information.
  • Analyzes historical data to calculate win rate, number of winning/losing trades, and total pips gained.
  • Allows you to adjust the backtesting period to suit your specific needs.
• User-Friendly and Customizable:
  • Easy to understand and implement, even for beginners.
  • Compatible with various trading platforms and chart types.
  • Customizable settings to adapt to different trading styles and market conditions.

By leveraging the M1 Gold Arrow Indicator, you can gain a competitive edge in the volatile XAUUSD market. Its reliable signals, user-friendly interface, and powerful backtesting capabilities make it an indispensable tool for traders of all levels.

M1 Gold Arrow MT4 Features

• M1 Timeframe Specialization: Optimized for high-frequency trading on 1-minute timeframes.
• Max Payne System: Leverages the principles of the Max Payne system to generate powerful signals.
• Custom Arrow Indicators: Use two unique arrow indicators to identify potential entry and exit points.
• Trend Filter: Incorporate a trend filter to enhance signal reliability.
• No Repainting or Backpainting: Ensure signal integrity by avoiding modification of historical data.
• Backtesting Panel: Provides valuable insights into historical performance, including win rate, number of winning/losing trades, and total pips gained.
• Customizable Backtesting: Allows users to adjust the backtesting period to analyze different segments of historical data.

M1 Gold Arrow Indicator MT4 Review

The M1 Gold Arrow Indicator is a powerful tool for trading the XAUUSD pair on the 1-minute (M1) timeframe. Designed around the Max Payne system, this indicator offers a reliable and efficient approach to trading the gold market.

M1 Gold Arrow Indicator Review

M1 Gold Arrow MT4 Review

M1 Gold Arrow Review

Recommended Use of M1 Gold Arrow MT4

• Raw Spread Account: Consider using a raw spread account to minimize trading costs.
• M1 Chart: Uses a 1-minute timeframe for accurate signal interpretation.
• Timeframe Flexibility: Although primarily designed for M1, this indicator can be adapted to other timeframes by adjusting the settings accordingly.

By combining these features and following the recommended settings, the M1 Gold Arrow aims to provide traders with a powerful tool for identifying profitable trading opportunities on the XAUUSD pair.

Latest product download package includes

The download package includes the official version of the advisor:

• Indicators: M1 Gold Arrow v1.0.ex4
• Description.txt

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About the Author

This product is compiled by Abdulkarim Karazon. This author has more than +1 years of experience working on MQL5 with many famous products such as M1 Gold Arrow Indicator, Payne Trend, Renko Star and other products. Among them, M1 Gold Arrow MT4 is his best performing product in 1 years.

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Conclusion

In short, the M1 Gold Arrow Indicator is a dedicated tool designed to trade the XAUUSD pair on the M1 timeframe. It utilizes the Max Payne system to generate accurate buy and sell signals, visualized as arrows. The indicator stands out for its reliability, as it does not redraw or reverse the signals.

>>> Reviewed by Jason Stap