Before you install your Matrix Arrow Indicator MT4/5© !!!

Important: It’s recommended to set Max Bars in Chart in MT4/5 >> Tools >> Options >> Chart to 1000 or a similarly low value. The Matrix Arrow Indicator MT4/5© evaluates attributes from 10 indicators for the specified number of bars or candles. Having this set to a large value—such as thousands or millions—can slow down updates and may even cause your MT4/5 terminal to freeze, especially on older or slower computers. 

Matrix Arrow Indicator MT4/5© Installation Guide and User Guide

Buying the Matrix Arrow Indicator MT4/5© from MQL5.com Market requires an active MQL5 community account. If you don’t have one, you can easily register here: https://www.mql5.com/en/auth_register.

1. Make sure your MQL5 account has enough funds to cover the purchase. Paying directly from your balance is usually more straightforward than using a credit card.

2. Search for the Matrix Arrow Indicator MT4/5© on the MQL5.com site and go to its product page.

3. Click the Buy or Rent button to proceed with the payment process.

4. Choose how you’d like to pay and press the green Next button to proceed with the checkout. 

5. After completing the payment process, open your MT4/5 terminal to download and install your Matrix Arrow Indicator MT4/5©.

6. Ensure that when logging into your MT4/5 terminal, you use your MQL5 account username, not an email, Facebook, or other credentials. For instance, my username is the last section of my profile URL: eleanna74, as seen in this URL: https://www.mql5.com/en/users/eleanna74.

7. Head to MT4/5 >> Tools >> Options >> Community tab and check that you’re logged in with your correct MQL5 account username.

8. In MT4, access the Terminal window and click the Market tab. Select Purchased from the left menu, then click the blue Install button next to your purchase. For MT5, go to the Navigator window, choose the Market folder, and click on Purchases. A window on the right will display your purchased products, where you can click Install next to the one you’ve just bought. 

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:

1. Close ALL your MetaTrader terminals

2. Go to C:\Users\{user name}\AppData\Roaming\MetaQuotes\Terminal\Community

3. Delete all files starting from mql4.market.* and mql5.market.*

4. Open the MetaTrader terminal

5. Try to install your product again

9. Once the Matrix Arrow Indicator MT4/5© is installed, you may wish to configure your MT4/5 terminal to send email and push notifications. This setup will help you receive arrow signal alerts via email or mobile notifications.

10. Open MT4/5 >> Tools >> Options >> Email tab, and complete the required fields with your email and SMTP server details. Below is a guide and SMTP settings for widely-used email services:

• SMTP server: Specify your provider’s SMTP address (refer to the list below).

• SMTP login: Enter your full email address, such as johnsmith@gmail.com.

• SMTP password: Provide your email account password.

• From/To fields: Format as follows: Your name, followed by your email, e.g., 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 activate push notifications, head to MT4/5 >> Tools >> Options >> Notifications tab and enter the MQL5 ID for your mobile device or tablet. Notifications will then be sent to those devices. Your MQL5 ID is available in the Settings >> Messages section of your MT4/5 mobile app.

You can also find your MQL5 ID within your MQL5 account by visiting profile >> settings >> security.

12. Ensure you tick the relevant box in MT4/5 >> Tools >> Options >> Events tab to start receiving Terminal alerts. 

13. After setting up your notification preferences, you can activate the Matrix Arrow Indicator MT4/5©. Open a chart for your chosen symbol, then go to the Navigator window on the left side of your MT4/5 terminal. Locate your purchased Indicator within Indicators >> Market folder and drag it onto the chart or double-click it.

14. This action will open the Indicator’s settings window. Adjust any parameters you wish and verify the notification settings at the bottom of the Inputs tab. The default parameters are fine-tuned to deliver optimal results in all market conditions.

For a complete guide to the Matrix Arrow Indicator MT4/5© settings, consult the Settings & Inputs Guide.

15. Once your Matrix Arrow Indicator MT4/5© is set up, click OK. Keep in mind that the default settings for all 10 indicators are optimized for effective use on any instrument and timeframe. The Indicator will now show on your MT4/5 terminal. Adjust the Matrix height using your mouse, and you’re all set to begin trading!

16. With the Matrix Arrow Indicator MT4/5©, you also get the Matrix Arrow Indicator Multi Timeframe Panel MT4/5© for free. This add-on displays signals from the Indicator for 5 customizable timeframes across 16 adjustable symbols/instruments. It also enables you to switch the active chart by clicking on any of the 16 symbol buttons, ensuring you can act quickly and never miss a trading opportunity. 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© isn’t a crystal ball for market predictions but a trustworthy indicator that monitors current market conditions to generate 100% non-repainting entry and exit signals. These signals are a valuable resource for manual and algorithmic traders alike. Unlike other indicators, the Matrix Arrow Indicator MT4/5© does not repaint or erase any signals, ensuring complete transparency.

When signals on a particular timeframe appear unclear or contradictory, it’s a good idea to switch to another timeframe to find one that aligns better with the market’s current behavior. For example, in this EURUSD H1 chart, the market’s hesitation results in opposing signals, which aren’t particularly helpful: 

When you switch to M5, the market often appears calmer, allowing the Matrix Arrow Indicator MT4/5© to generate entry arrows and exit dots that are more profitable and sensible. To achieve the best results, use the Matrix Arrow Indicator MT4/5© to explore various symbols and timeframes, focusing on those that perform well in the current market environment. Avoid trades that don’t seem promising or rational. 

The Matrix Arrow Indicator MT4/5©, a reliable non-repainting tool, processes inputs from 10/11 standard indicators to generate signals that depict the current trend. However, rapid price shifts caused by news releases or official statements cannot be forecasted.

For example, on this EURUSD M5 chart, the red arrow within the circle signifies a sell signal based on unanimous data from the indicators suggesting a downward trend. A few candles later, the US NFP news announcement reverses the market direction, driving prices upward unexpectedly. Such changes are unpredictable for any real indicator, as no one can foresee news events.

With repainting indicators, the red arrow might disappear and be replaced with a blue arrow after the price movement. The Matrix Arrow Indicator MT4/5© never engages in repainting, ensuring all its signals remain visible and unaltered, as initially formed. 

Another Example

If you’re finding signals from a certain timeframe to be unreliable, try looking at a different one. For instance, the M5 and M15 GBPUSD charts are difficult to interpret because the trend frequently changes every few hours. 

M1 and H1 provide relatively straightforward signals, so they’re good timeframes to consider for trading. If you opt for a very short timeframe like M1, your trading style will be focused on scalping for small profits, with a larger stop loss to give your trades room to breathe and protect you from abrupt market movements. 

For today’s GBPUSD charts, the 30-minute timeframe delivers the best signals. After carefully reviewing the timeframes above, you'll find that M30 is the most suitable timeframe for trading during this period. The M30 timeframe also gives you more time to make informed trading decisions, with trades lasting from hours to a few days, and your take profit and stop loss levels placed far enough apart to avoid being triggered by small market movements. 

18. Important: It’s recommended to set Max Bars in Chart in MT4/5 >> Tools >> Options >> Chart to 1000 or a similarly low value. The Matrix Arrow Indicator MT4/5© evaluates attributes from 10 indicators for the specified number of bars or candles. Having this set to a large value—such as thousands or millions—can slow down updates and may even cause your MT4/5 terminal to freeze, especially on older or slower computers.