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MonsterArrows V3 — Liquidity Indicator

MonsterArrows V3

Liquidity Indicator

100% Free

Runs on MetaTrader 5 on a computer · 52 KB

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Prints an up arrow when there is buying momentum after a pullback, and a down arrow when there is a reversal after buying exhaustion. With each arrow it places the entry level, the stop and three targets (TP1-TP3) directly on the chart. The author suggests combining it with liquidity, order blocks and FVG to confirm the entry.

PlatformMetaTrader 5
PriceFree

Yakuzza test result

We ran this indicator in the MetaTrader 5 Strategy Tester on XAUUSD (M15) over September 2026. It loaded and ran without errors.

How to install

Open MetaTrader 5, then File -> Open Data Folder. Go into the MQL5 folder, then Experts for a robot or Indicators for an indicator, and drop the file there. Restart the platform and you will find it in the Navigator panel.

Library last updated:

Questions about MonsterArrows V3

Is MonsterArrows V3 free?

Yes. MonsterArrows V3 is free to download on Yakuzza, with no subscription and no card. You only need a free account to download it.

Does MonsterArrows V3 work on MT4?

No. The file in our library is built for MetaTrader 5 (.ex5), so it will not load in MetaTrader 4. MetaTrader 5 is free from your broker.

Which symbol and timeframe should I use?

The developer does not list fixed settings. We tested it on XAUUSD M15, so that is a safe place to start on a demo account.

Has MonsterArrows V3 been tested?

Yes. We ran it in the MetaTrader 5 Strategy Tester on XAUUSD (M15) over September 2026 and it ran without errors.

Guides that help with this tool

How to install an indicator on MetaTrader 5 Smart money and liquidity Which timeframe suits you? All Liquidity indicators Compare them all in one table