What is Swing Arrow NRP V3?
Swing Arrow NRP V3 is an MT4 indicator that draws buy and sell arrows on relatively small price swings. Desktop, email and push notifications are available for each new arrow.
How to use Swing Arrow NRP V3
Buy and sell arrows appear when the indicator marks a relatively small swing. The same arrows can also be drawn as chart objects.
Where it helps
Confirm a new signal through a desktop, email or push notification
Review how far back the marks are kept on the chart
Organize how the marks sit against the candles for easier reading
MT4 Indicator Parameters
The table below lists the available MT4 indicator parameters. You can customize these options in the MetaTrader Inputs dialog to match your trading preferences.
| Parameter | Description |
|---|---|
| desktop_notifications | Controls whether an alert window is shown on the chart. |
| email_notifications | Controls whether a notification is sent by email. |
| push_notifications | Controls whether a push notification is used. |
| notifications_bar | — |
| Arrow_Size | Sets the size of the arrows. |
| Arrow_Gap | Sets the distance between the candle and the arrow. |
| Show_ObjectArrows | Controls whether the object based signs are shown. |
| ObjectArrows_MaxBars | Sets how many past bars the object based signs are drawn back over. |
The screenshot above shows the default input parameters in the MT4 settings window.
How to Install .ex4 Indicator in MetaTrader 4
- Download the ZIP file and extract it.
- In MT4, select File → Open Data Folder.
- Open MQL4 → Indicators and copy the EX4 or MQ4 file into it.
- If the package includes library files, copy them to MQL4 → Libraries. Copy TPL files to the top-level templates folder.
- Restart MT4, find the indicator in the Navigator, and drag it onto a chart.
Test the tool on a demo account first. File contents and required folders can vary between packages.
