Ever felt like you’re hunting for that perfect entry point in forex, but end up second-guessing every trade? You’re not alone… Many traders waste hours scanning charts, chasing signals that vanish in thin air. Enter the Beacon Arrow Indicator MT4, a sleek, arrow-based signal tool designed to light up your chart exactly when high-probability setups form. Best part? It’s 100% free on ForexFactory.cc, powered by YoForex – the same team that rigorously back-tested and ran this baby live, so you don’t have to guess if it’ll work.


Beacon Arrow analyzes multi-timeframe trend strength and key momentum flips under the hood; then it pops up intuitive arrows on your MT4 chart. No more blurry lines or confusing oscillators—just clear buy and sell arrows you can trust. We crunched data from 2015–2024 across major pairs (EURUSD, GBPUSD, USDJPY, XAUUSD, and more) and fine-tuned our settings for a sweet spot: solid average win rate with controlled drawdown. Whether you scalp on M15 or swing on H4, Beacon Arrow’s got your back.


Ready to cut through the noise? Keep reading for features, backtest proof, install steps, and why YoForex is your go-to for free, high-quality trading tools.


Key Features


• Precise arrow signals on trend shifts (no repaint)
• Works on all major and minor currency pairs + gold
• Compatible with M1–H4 timeframes; ideal for scalpers & swing traders
• Customizable signal sensitivity & alert pop-ups
• Built-in filter for news events (reduces false pins)
• No martingale, no grid—pure price action logic
• Lightweight: minimal CPU footprint on MT4
• Visual & audible alerts plus email/Push notifications
• Free lifetime updates via YoForex on ForexFactory.cc
• Detailed user guide and setup template included


Backtest Proof


We didn’t just eyeball charts—our team at YoForex ran a thorough backtest spanning January 1, 2015 to December 31, 2024, using tick-accurate data on EURUSD, GBPUSD, USDJPY, and XAUUSD. Sample size: over 12,000 trades across four symbols, with an average win rate of 68% and maximum drawdown held under 7%. The equity curve? A steady uphill climb with few deep dips—just the way you want it.



Installation & Setup



  1. Download the .ex4 file from ForexFactory.cc:
    Download Beacon Arrow Indicator MT4

  2. Open your MT4 terminal, then go to File → Open Data Folder.

  3. Copy BeaconArrow.ex4 into MQL4 → Indicators.

  4. Restart MT4 to refresh the Navigator.

  5. In the Navigator panel, under Indicators, right-click Beacon Arrow and choose Attach to a chart.

  6. Import the provided BeaconArrow_Settings.tpl template to load recommended inputs (sensitivity, alert type, filters).

  7. Tweak parameters as needed—play with arrow size, colors, or time-filter if you want extra precision.


Why YoForex Tools?


You might wonder, “Why should I pick YoForex’s free tools over others?” Simple: we believe every trader deserves top-tier analysis without hefty subscriptions. YoForex commits to:



  • Free lifetime updates: whenever we optimize signal logic, you get it—no fees, ever.

  • Ongoing optimizations: real-world feedback feeds our dev cycle, so the indicator evolves.

  • Transparent performance reports: full backtest logs and live stats on ForexFactory.cc.

  • Community support: join our dedicated threads, share results, and suggest enhancements.



Support & Disclaimer



Disclaimer: Past performance isn’t a guarantee of future results. Market conditions change, and no indicator is foolproof. Always demo-test before going live and use proper risk management.


Call to Action


Ready to light up your trades with clear, reliable signals? Download the Beacon Arrow Indicator MT4 now—no catch, no trial period. Head over to ForexFactory.cc, grab your free copy, and start trading smarter, not harder. And remember, YoForex has your back with unlimited, 100% free support—drop us a line anytime!