🎯 RSI Arrow Indicator for MT5
Simple. Powerful. Non-Repainting. A free tool with professional-grade precision — ready to sharpen your trading decisions instantly.
📈 What It Shows
- Single Arrow per Zone: One clean arrow when RSI crosses into an overbought or oversold area — no messy floods of signals.
- Clear Overbought/Oversold Levels: Defaults set at 70 (sell zone) and 30 (buy zone), customizable to match your style.
- Non-Repainting and Non-Recalculating: Once an arrow appears, it stays exactly where it triggered — no shifting, no vanishing.
🛠️ How It Works (Trading Strategy)
- Wait for the Arrow:
Blue "↑" = Overbought zone entered → ideal for short trades or profit-taking.
Red "↓" = Oversold zone entered → ideal for entering long trades or scaling in positions. - One Signal per Swing: No overtrading! New signals only appear after RSI exits and re-enters zones, filtering out market noise.
- Optional Signal Reversal: Activate Reverse Mode to flip the arrow logic if your strategy prefers counter-signals.
🔑 Key Settings at a Glance
- RSI Period: 14 (default — precision optimized)
- Overbought/Oversold Levels: 70/30 (default but adjustable to your preference)
- Arrow Style: Customizable (Unicode ↑ / ↓ arrows)
- Shift: Customize how far above/below arrows are plotted relative to the price
- Reverse Mode: True/False option to reverse signal generation
🚀 Why This Free Tool is a Force to Be Reckoned With
Unlike typical free indicators, the RSI Arrow is engineered for serious performance. It doesn't repaint. It doesn't recalculate. Each signal is placed exactly where it should be — and stays there. It cuts through the noise, giving you clean, actionable opportunities that you can trust. Whether you're scalping, day trading, or swing trading, this tool gives you an edge without overwhelming you with false signals.
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