CHOCH ARROWS Indicator V1.0 MT4

CHOCH ARROWS Indicator V1.0 MT4 – Smart Market Structure Trading

Tired of missing trend reversals or jumping into trades too late? You’re not alone. Many traders struggle to identify when the market has actually shifted direction. That’s where the CHOCH ARROWS Indicator V1.0 MT4 comes into play.

Built by YoForex and released for free on MQL5.software, this indicator is designed to highlight Change of Character (CHOCH) signals and Market Structure Breaks (MSB) directly on your MT4 charts. Whether you’re scalping, day trading, or even swinging trades, CHOCH Arrows can give you visual clarity on when a trend might be ending and a new one starting.

And the best part? You don’t need to pay $99+ like other so-called premium structure indicators. This one’s completely free.

Overview

The CHOCH ARROWS Indicator V1.0 MT4 is a lightweight but powerful trading tool. Its main job is simple: detect when price action shifts market structure and display arrows on your chart.

A CHOCH (Change of Character) usually signals an early sign of reversal.
A Break of Structure (BOS) or MSB shows a continuation move.

This indicator paints up arrows for bullish structure shifts and down arrows for bearish ones, so you don’t have to second-guess.

It works across multiple currency pairs and timeframes, but for best performance, we recommend:

Pairs: EUR/USD, GBP/USD, USD/JPY, XAU/USD (Gold)
Timeframes: M15, H1 (suitable for scalpers and swing traders alike)
Minimum Deposit: $200 (to trade safely with proper risk management)

Since it doesn’t repaint once a candle closes, you can trust its signals without the fear of them disappearing.

Key Features

Here’s what makes the CHOCH ARROWS Indicator stand out:

• + Real-time detection of CHOCH & BOS signals
• + Non-repainting alerts (signals remain after candle close)
• + Works on all MT4 pairs & timeframes
• + Clean arrow design – no chart clutter
• + Perfect for scalping, intraday, and swing trading
• + Alerts: pop-up, sound, email, or push notifications
• + Adjustable sensitivity – fine-tune to your strategy
• + Risk-friendly – works even with small accounts ($200+)
• + No extra libraries required – plug & play
• + Lightweight code – won’t slow MT4 terminal

Backtest Results & Proof

Before releasing it, YoForex tested CHOCH Arrows across multiple markets and timeframes.

EUR/USD (H1): 72% accuracy on reversal detection during trending markets.
GBP/USD (M15): Reliable entry points with minimal false signals in London session.
Gold (XAU/USD, H1): Captured major swings with arrows marking exact structure shifts.

What’s even more important: the indicator adapts well to both trending and ranging conditions. Unlike lagging oscillators, CHOCH Arrows focuses on price action and structure – the core of market movement.

How to Install & Configure

Getting started is super easy.

Download the free CHOCH ARROWS Indicator from MQL5.software.
Copy file → Place it into MQL4/Indicators/ folder in your MT4.
Restart MT4 → Open your terminal again.
Attach indicator → Load it onto your desired chart (EUR/USD, GBP/USD, or Gold).
Configure settings →

Sensitivity (default = medium, adjust higher for fewer signals)
Alerts (enable push for mobile notifications)
Arrow color & size (customize to your liking)

Why Choose YoForex-Powered Tools?

YoForex has been serving traders for years, with a mission to provide free, high-quality EAs and indicators. Unlike random vendors who charge $200+ for basic scripts, YoForex believes in empowering the trading community.

With CHOCH ARROWS Indicator V1.0 MT4, you’re not only getting a powerful trading tool but also continuous updates, free support, and a growing library of other free tools on MQL5.software.

YoForex – empowering traders worldwide, one free tool at a time.

Support & Disclaimer

Need help installing or customizing the CHOCH ARROWS Indicator? Our support team is always available:

WhatsApp: Chat with YoForex Support
Telegram: Join the YoForex Robot Group

Disclaimer: Trading forex involves risk. Past performance is not a guarantee of future profits. Always test indicators in a demo account before going live. Trade responsibly.