Install & Use Instructions
Matrix Arrow Indicator MT4/5© Video
Before you install your Matrix Arrow Indicator MT4/5© !!!
Important: Ensure that you adjust the Max Bars in Chart setting under MT4/5 >> Tools >> Options >> Chart to 1000 or a similarly small number. The Matrix Arrow Indicator MT4/5© processes data from 10 indicators across this number of bars or candles. A large value, such as several thousand or more, can lead to slower updates and might cause your MT4/5 terminal to freeze on less powerful computers.
Matrix Arrow Indicator MT4/5© Install & Use Instructions
If you want to buy the Matrix Arrow Indicator MT4/5© from the MQL5.com Market, you’ll first need an MQL5 community account. You can register for one here: https://www.mql5.com/en/auth_register.
Make sure your MQL5 account has enough funds for the purchase. Paying from your MQL5 balance is usually faster and simpler than using a credit card.
Search for the Matrix Arrow Indicator MT4/5© on the MQL5.com site and visit its product page.
Select the Buy or Rent button to start the checkout process.
4. Choose the payment option you want to use and press the green Next button to finalize the process.
5. After completing your payment, open your MT4/5 terminal to begin downloading and installing the Matrix Arrow Indicator MT4/5©.
6. When accessing your MT4/5 terminal, ensure you’re logged into your MQL5 account using your username, not email, Facebook, or another method. For example, my login is the last part of my profile URL: eleanna74, taken from this URL: https://www.mql5.com/en/users/eleanna74.
7. Navigate to MT4/5 >> Tools >> Options >> Community tab and confirm that your login matches your MQL5 account username.
8. Navigate to the Terminal window in MT4 and select the Market tab at the bottom. On the left, click on Purchased, then locate your product and press the blue Install button on the right. If you’re using MT5, open the Navigator window, click on the Market folder, and choose Purchases. Your purchases will appear in a window on the right, where you can click Install next to the product.
Notice: If you can't see your purchase when you click the Purchased option, check the below mentioned issues:
Make sure that:
that you have all the latest Windows Updates installed
that you have Internet Explorer or Microsoft Edge latest version installed on your computer or VPS
that you are using the latest build of MetaTrader 4/5
that you are logged into your MQL5 account in MT4/5 >> Tools >> Options >> Community tab, using your login - NOT your email
that your MQL5 account password is less than 10 characters (if your password is 10 or more characters - change MQL5 account password here)
In case you still don't see the product on the list of your purchases in the terminal, try the following:
Close ALL your MetaTrader terminals
Go to C:\Users\{user name}\AppData\Roaming\MetaQuotes\Terminal\Community
Delete all files starting from mql4.market.* and mql5.market.*
Open the MetaTrader terminal
Try to install your product again
After installing your Matrix Arrow Indicator MT4/5©, you might want to enable email and push notifications on your MT4/5 terminal. This feature ensures that you stay updated on your arrow signals wherever you are.
To set this up, go to MT4/5 >> Tools >> Options >> Email tab and fill out the necessary fields for your email account and SMTP server. Below is a guideline and SMTP settings for some popular email providers.
SMTP server: Input your email provider’s SMTP address (examples listed below).
SMTP login: Enter your full email address, e.g., johnsmith@gmail.com.
SMTP password: Provide your email account password.
From/To fields: Include your name and email in this format: John Smith, johnsmith@gmail.com.
List of SMTP Mail Servers: https://domar.com/pages/smtp_pop3_server
Gmail: smtp.gmail.com:465
Outlook-Hotmail: smtp-mail.outlook.com:587
Yahoo: smtp.mail.yahoo.com:465
iCloud: smtp.mail.me.com:587
Mail.com: smtp.mail.com:465
Mail.ru: smtp.mail.ru:25
Zoho: smtp.zoho.com:465
Gmx.com: smtp.gmx.com:465
11. To set up push notifications, navigate to MT4/5 >> Tools >> Options >> Notifications tab and input the MQL5 ID number for your mobile device or tablet. This ensures you’ll receive push notifications on these devices. To locate your MQL5 ID, open the Settings >> Messages section in your MT4/5 mobile app.
Your MQL5 ID can also be found in your MQL5 account under profile >> settings >> security.
12. For Terminal alerts, ensure you select the appropriate option in MT4/5 >> Tools >> Options >> Events tab.
13. After setting up your notifications, you can start using your Matrix Arrow Indicator MT4/5©. Open a chart for the desired symbol, and in the Navigator window on the left side of your MT4/5 terminal, find the Matrix Arrow Indicator MT4/5© in the Indicators >> Market folder. Drag it onto the chart or double-click to apply it.
14. The Indicator settings window will then appear. Adjust the parameters as needed and review the notification settings located at the bottom of the Inputs tab. The default settings are already optimized to perform well under all market conditions.
For a detailed guide on all the settings of the Matrix Arrow Indicator MT4/5©, refer to the Settings Overview.
15. After completing your Matrix Arrow Indicator MT4/5© configuration, press OK. Remember, the default settings for all 10 indicators are pre-optimized and ready to work effectively with any instrument or timeframe. The Indicator will now be displayed on your MT4/5 terminal. Adjust the Matrix height as needed with your mouse, and start trading!
16. Included with the Matrix Arrow Indicator MT4/5© is a complimentary add-on, the Matrix Arrow Indicator Multi Timeframe Panel MT4/5©. This tool lets you display the Matrix Arrow Indicator’s signals for up to 5 customizable timeframes and 16 adjustable symbols/instruments. It also provides the convenience of switching the chart it is attached to by clicking any of the 16 symbol buttons, allowing for faster navigation and seamless trading. Download/install the Matrix Arrow Indicator Multi Timeframe Panel MT4/5© here:
👉 Matrix Arrow Indicator Multi Timeframe Panel MT4©: https://www.mql5.com/en/market/product/75010
👉 Matrix Arrow Indicator Multi Timeframe Panel MT5©: https://www.mql5.com/en/market/product/75011
17. The Matrix Arrow Indicator MT4/5© is a genuine trading tool that reads the present market conditions and generates 100% non-repainting entry and exit signals. These signals can greatly assist both manual and automated trading strategies. It does not repaint or erase any false signals to create an illusion of perfection, unlike many other indicators.
If you encounter confusing signals in a particular timeframe, it’s advisable to switch to a different one to identify a timeframe that provides clearer and more actionable signals. For example, in this EURUSD H1 chart, the market’s indecisiveness leads to conflicting signals, which are less useful:
On the M5 timeframe, for example, market activity tends to stabilize, and the Matrix Arrow Indicator MT4/5© delivers more reliable and profitable signals with its entry arrows and exit dots. The optimal approach to using the Matrix Arrow Indicator MT4/5© is to review various symbols and timeframes to discover those that work well in the present market environment. Don’t feel compelled to trade setups that don’t appear logical or promising.
The Matrix Arrow Indicator MT4/5©, a true non-repainting indicator, analyzes input from 10/11 standard indicators to generate arrow signals that represent the current market trend. However, it’s impossible to predict sudden market reversals caused by news events or official announcements.
For example, in this EURUSD M5 chart, the red arrow in the circle signifies that all indicators agreed on a downward trend, leading to a red sell signal. A few candles later, the US NFP news release triggers an unexpected price surge, reversing the trend. This market behavior cannot be foreseen by any genuine indicator, as news events are inherently unpredictable.
Unlike scam repainting indicators, where the red sell arrow would vanish and be replaced with a blue buy arrow after the reversal, the Matrix Arrow Indicator MT4/5© preserves its original signals, offering consistent and honest performance.
Another Example
When signals from one timeframe are unclear, it’s advisable to move to a different one. As seen in these GBPUSD charts, the M5 and M15 timeframes are problematic, with frequent trend reversals occurring every few hours.
Both M1 and H1 are reasonable timeframes to trade as their signals tend to be less confusing. If you focus on low timeframes like M1, you’ll likely adopt a scalping strategy, aiming for small profits with a larger stop loss that provides some flexibility in your trades and shields you from rapid market shifts.
The strongest signals on today’s GBPUSD charts can be seen in the 30-minute timeframe. By reviewing the timeframes mentioned earlier, you'll notice that M30 is the most favorable timeframe for this particular period. The M30 timeframe also allows for more flexibility in your trades, with positions potentially lasting from a few hours to a couple of days, and your take profit and stop loss levels being set at a safe distance to avoid small market movements from affecting your trades.
18. Important: Ensure that you adjust the Max Bars in Chart setting under MT4/5 >> Tools >> Options >> Chart to 1000 or a similarly small number. The Matrix Arrow Indicator MT4/5© processes data from 10 indicators across this number of bars or candles. A large value, such as several thousand or more, can lead to slower updates and might cause your MT4/5 terminal to freeze on less powerful computers.