Speed ​​Arrow Indicator Download for MetaTrader 5 | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources

On July 6, 2025, in version 2, the indicator added alerts/notifications and signals functionality

The Velocity Arrow indicator is a useful and effective tool for traders seeking to determine the momentum of price movements and overall market trends.

This binary indicator is designed for the MetaTrader 5 platform and provides traders with buy and sell signals through the intersection of two lines, fast (green) and slow (orange), which are used in technical analysis.

Speed ​​Arrow Indicator Overview

Here are the specifications for the speed arrow indicator:

Indicators at a glance

The Speed ​​Arrow indicator is designed as an oscillator to enable traders to identify market trends. When the indicator value moves upward, it indicates bullish price momentum. Conversely, when prices fall, it indicates bearish momentum in market prices.

Furthermore, this indicator provides trading signals through the crossover between two lines: the fast (green) line and the slow (orange) line. An upward cross represents a buy signal, and a downward cross represents a sell signal. Traders can use these signals as entry points into trades and adjust their decisions based on the momentum and intensity of price movements.

Bullish Trend

On the 1-hour SOL/USD chart, the Speed ​​Arrow indicator shows a bullish market trend as the price moves upwards. The higher the value of the line, the greater the momentum and intensity of the price increase.

Traders can use this indicator, which acts as a buy signal when the fast (green) and slow (orange) lines cross upward, allowing traders to take advantage of a bullish trend in the market.

Bearish Trend

On the 15-minute BTC/USD chart, a sell signal is triggered when the fast line (green) crosses downwards across the slow line (orange). Traders can use the Velocity Arrow indicator to enter a sell trade when a downward crossover occurs, allowing them to profit from a price drop.

Speed ​​arrow indicator settings

The following are the available settings for the speed arrow indicator:

• ALERT : Set alert status;
• EMAIL : Set email reminder status;
• NOTIFICATION : Set notification reminder status;
• Length 1 : Set the period for calculating the fast (green) line;
• Applied Price 1 : Set the price type applied to fast (green) lines;
• Length 2 : Set the period for calculating the slow (orange) line;
• Applied Price 2 : Set the price type applied to the slow (orange) line;
• Show Arrows : Set the display status of the frequency division signal;
• Arrows Displacement : Set the distance between the signal and the candle;
• Up Arrow Color : Set the color of the up signal;
• Down Arrow Color : Set the color of the downlink signal;
• Up Arrow Code : Set the display code of the uplink signal;
• Down Arrow Code : Set the display code of the downlink signal.

Conclusion

The Velocity Arrow indicator allows technical traders to easily identify market trends by observing the movement of oscillator lines. When a crossover occurs between the fast line (green) and the slow line (orange), it can serve as an entry point for a buy or sell trade.

When crossed, the indicator provides an upward signal for buying opportunities and a downward signal for selling opportunities, making it a useful tool for traders to make informed trading decisions.