STALKER ARROW MT4 V7.80 BUILD 1441+

Description

StalkeR Arrow Indicator MT4: Precision Price Action Indicator with Built-in Backtesting

StalkeR Arrow is a heavy-duty arrow indicator that gives precise buy and sell signals on the basis of patterns in price action and fractals. Signals are given on bar open or intra-bar, with each signal including clear Take Profit (TP) and Stop Loss (SL) levels. Among its features is that it has a built-in backtesting panel, where historical win/loss figures are shown, giving traders a quick rundown of performance.

Vendor website: View here

About the Author

This item was created by Abdulkarim Karazon, an author with more than two years of experience on MQL5. He is the creator of numerous popular tools, such as StalkeR Arrow, M1 Gold, Max Paynex, and others. StalkeR Arrow is his most successful product among his creations.

Join Our Channel Telegram

Key Features of StalkeR Arrow

• Price Action & Fractal Signals: Generates precise buy and sell signals based on advanced price action and fractal patterns.
• Proactive Risk Management: All signals have automatically drawn Take Profit (TP) and Stop Loss (SL) lines that remain in place until a new signal appears, providing definite targets.
• Integrated Dashboard: Displays historical profit/loss values of past signals, allowing traders to instantly assess performance.
• No Redraw: Signals are reliable and consistent, as the indicator does not repaint or redraw as time goes by.

Additional Features

• Customizable Parameters: Offers moveable parameters in different designations, including the addition of StalkeR Period, ATR Period for the purpose of calculating TP/SL, and line and arrow visual settings.
• Spread Calculation: Enables user-definable spread values to correctly calculate profits and losses on the backtest dashboard, mirroring true trading conditions.
• Flexible Alerts: Provides multiple alert options, including pop-ups, emails, and notifications, so that traders never miss a signal.
• Adjustable Dashboard Position: Enables users to customize the position of the backtest dashboard on the chart for optimal visibility and convenience.

StalkeR Arrow Indicator MT4 Review

The StalkeR Arrow trading system, tried on various financial instruments and time intervals, proved to have good historical performance. The subsequent trading statistics breakdown gives information about the reliability and profitability of the indicator.

Why choose StalkeR Arrow?

• Reliable Signals: Employs price action, fractals, and a no-redraw feature for accurate and reliable signals.
• Clear Risk Management: Automatically plots TP/SL lines, providing a systematic framework for disciplined risk management.
• Instant Performance: Gives immediate feedback on historical performance, allowing traders to analyze performance without an external strategy tester.
• Highly Customizable: Many parameter options enable traders to tailor the indicator to best suit their own trading style and risk tolerance.

Recommended settings

Product Download Package?

Indicators:

StalkeR Arrow_fix.ex4

Conclusion

In brief, StalkeR Arrow Indicator for MT4 is a top-notch price action and fractal-based signal indicator that offers extremely precise buy and sell signals with predefined Take Profit (TP) and Stop Loss (SL) levels. Developed by Abdulkarim Karazon, a Russian professional MQL5 developer, StalkeR Arrow is his best-selling product to date.