Arrow Simulator is an advanced non-repainting arrow indicator combined with a built-in visual trade simulation engine. It is designed to help traders not only identify potential buy and sell opportunities, but also evaluate how those signals would have performed historically under fixed, rule-based risk conditions.

Signal generation is based on a Chandelier Exit–style trend logic using ATR volatility. When price flips direction relative to adaptive ATR-based stop levels, a new buy or sell arrow is printed on the chart. Optional filters such as a Moving Average trend filter and a configurable trading time window help remove low-quality signals during sideways or illiquid market conditions.

What sets Arrow Simulator apart is its integrated trade simulation layer. For every arrow, the indicator automatically projects entry, stop loss, and take profit levels using ATR multipliers, tracks whether TP or SL would have been hit, and displays the result directly on the chart. A live performance panel summarizes total signals, wins, losses, open trades, consecutive streaks, and estimated percentage gain based on a fixed risk-per-trade model. This makes it an ideal research, validation, and strategy-building tool.