Swing Arrows Mt5

Swing Arrows MT5 is a non-repainting swing-trading indicator designed to identify clear trend reversals and breakout points directly on the chart. It automatically detects significant swing highs and lows over a configurable look-back period and builds dynamic support and resistance zones using ATR (Average True Range). When price decisively breaks these zones, the indicator confirms a change in market direction and plots a BUY or SELL arrow only after the candle is closed, ensuring reliable signals without repainting.

To improve accuracy, the indicator offers optional smoothing of highs and lows, which helps reduce market noise and false signals during choppy conditions. ATR-based logic is used not only for breakout validation but also to intelligently offset arrows away from candle highs/lows, keeping signals visually clean and easy to read on any timeframe or symbol. Built-in alert options (popup, push, and email) notify you immediately when a new swing signal appears.

How to Use:

Attach Swing Arrows MT5 to any chart and timeframe. A green BUY arrow appears when price breaks above the previous resistance zone, signaling a potential bullish swing. An orange/red SELL arrow appears when price breaks below the previous support zone, indicating a bearish swing. For best results, enter trades at the close of the signal candle and place stop losses beyond the recent swing high/low. The indicator works well as a standalone swing tool or as a confirmation filter alongside trend indicators, moving averages, or higher-timeframe analysis. Adjust the Lookback Period, ATR settings, and smoothing options to match your trading style and market volatility. 

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