Understanding Matrix Arrow Indicator MT4/5© Signals 

Matrix Arrow Indicator MT4/5© doesn’t claim to predict the future market but stands as a reliable tool for analyzing current market conditions. It provides 100% non-repainting entry and exit signals, which can greatly support both manual and algorithmic trading strategies. Unlike many popular indicators, the Matrix Arrow Indicator MT4/5© never alters its signals or erases past ones to create a misleadingly perfect chart history.

If you encounter unclear or conflicting signals on one timeframe, switching to another timeframe may reveal clearer opportunities suited to the current market environment. For instance, on the EURUSD H1 chart, the market’s indecisiveness results in conflicting signals that might not be useful. 

Switching to the M5 timeframe, for example, often reveals a calmer market movement, where the Matrix Arrow Indicator MT4/5© entry arrows and exit dots produce clearer, more profitable signals. The most effective way to use Matrix Arrow Indicator MT4/5© is to scan various symbols and timeframes to identify those that align best with the current market conditions. Avoid forcing trades that don’t appear profitable or make sense at first glance. 

What I mean is that a genuine non-repainting indicator like the Matrix Arrow Indicator MT4/5© uses data from 10/11 standard indicators to generate arrow signals that reflect the current trend. However, if the market rapidly shifts direction due to news or official statements, this cannot be foreseen.

For instance, on this EURUSD M5 chart, the red arrow inside the circle indicates that all 10/11 indicators pointed to a downward trend, forming a sell signal. But shortly after, US NFP news was released, causing the price to initially drop slightly before quickly reversing direction and moving upward. Such sudden shifts cannot be predicted by any real indicator, as no one can foresee news events.

In scam repainting indicators, the red arrow in the circle would disappear after the price reversal, leaving only the blue up arrow when the chart is refreshed. This deceptive practice, known as repainting, is something your Matrix Arrow Indicator MT4/5© will never do. Instead, all Matrix Arrow signals remain visible exactly as they were initially formed. 

Another Example

If a particular timeframe isn’t providing clear signals, it’s best to switch to another. For instance, looking at the M5 and M15 timeframes on these GBPUSD charts, you’ll notice they are confusing because the price and trend shift direction every few hours. 

M1 and H1 timeframes are more stable, offering clearer signals that are less confusing, making them worth considering for trading. If you choose to trade on a lower timeframe like M1, your strategy will likely involve scalping for small profits of just a few pips. At the same time, you’ll need a relatively larger stop loss to allow your trades room to develop while also protecting them from sudden market reversals. 

On this day’s GBPUSD charts, the best signals are found on the 30-minute timeframe. By carefully analyzing all the above timeframes, you’ll notice that M30 stands out as the most suitable for trading during this period. The M30 timeframe also provides you with more time to make trading decisions. Your trades can last several hours to a couple of days, with take profit and stop loss levels positioned farther away to avoid being triggered by minor market movements.