Gorilla Signals Systems MT4 v5.98 (Original version)

Gorilla Signals Systems MT4: Multi Confirmation Indicator for Volatility & Trend Breakouts Gorilla Signals System is a highly customizable technical analysis indicator designed to identify high probability entry points by combining volatility bands and weighted moving averages. The indicator utilizes the long-term ATR to calculate a robust volatility channel and the Linear Weighted Moving Average to detect the main trend. With its multi-layer filtering system and configurable alerts, Gorilla Signals System is optimized to detect breakout or reversal trading opportunities, ideal for scalpers and scalpers looking for a clear, effective alert system with adaptive volatility bands. ��Join Our Channel Telegram Key Features ��Volatility Band-Based Signals: Identify trading opportunities when prices cross volatility bands defined by high ATR Periods and Deviation Factor, indicating a potential breakout or reversal. ��Moving Average Trend Identification: Uses Linear Weighted Moving Average as a primary trend detection filter, prioritizing recent price data to accurately identify trends. ��Multi-Indicator Confirmation: Combines multiple factors including Length, Period, with Linear Weighted smoothing and Closing Price to calculate, contributing to comprehensive signal generation. ��Full Channel Display: Full Channel ShowChannel option to display both upper and lower volatility channels on the chart for visual analysis. ��Configurable Alerts: Allows traders to be notified of new signals, ensuring timely awareness. ��Time Frame Flexibility: Can be used on current chart time frame for immediate analysis. Why use Gorilla Signals? ��High Probability Entry Point Identification: Combining long-term volatility analysis with a feedback-weighted moving average, effectively identifies high-probability entry points. ��Adaptive Volatility Banding: Using high ATR cycles allows the indicator to adapt to long-term volatility and trigger signals in different market conditions. ��Clear Signals: Distinct visual arrows and audible alerts make it easy for traders to spot and react to potential trading opportunities in real-time. ��Suitable for Multiple Styles: Ideal for both scalpers looking for broader trend changes and breakout speculators looking for quick opportunities. ��Customizable Interface: Extensive customization, including a built-in trading code changer, enhances usability and allows traders to customize the visual experience to their liking. Gorilla Signals Systems MT4 Review 1. Sell Signals (Downtrends) The Gorilla Signals System for MT4 provides highly visual Sell signals using clear purple downward arrows, helping traders identify precise entry points during market reversals or trend continuation. When a Sell signal arrow appears near the upper Bollinger Band and price crosses below the dynamic moving averages (typically orange and magenta lines), it indicates a strong downtrend opportunity. To execute a Sell trade, wait for the current candle to close after the signal appears, then enter the trade on the next bar. For optimal risk management, place a stop-loss above the recent swing high, and target key support zones or lower Bollinger Band levels. This system works best on trending markets using M30, H1, or H4 timeframes with major currency pairs like GBPUSD or EURUSD. Gorilla Signals Systems MT4 Review Gorilla Signals Systems Review 2. Super Arrow Indicator Settings These custom inputs give traders complete control over the indicator’s responsiveness, display, and alerting features. Adjusting ATRPeriod, Deviation, or Length can change how sensitive the indicator is to market volatility. Meanwhile, the Alerts option automates trading signal notifications — ideal for active traders using MetaTrader 4. Gorilla Signals Systems MT4 Setting Variable Value Description History 4567 Number of historical bars used for calculation. TimeFrame current The chart timeframe in use (e.g., M5, H1, or “current” for auto). Length 13 Period length for the indicator’s main calculation. Cycle 5 Defines the number of cycles for smoothing or signal generation. sPeriod 21 Smoothing period for the signal line. sMode Linear weighted The moving average type for smoothing (e.g., SMA, EMA, LWMA). sPrice Close price The price type used in calculation (e.g., close, open, high, low). ATRPeriod 250 Period for the Average True Range (ATR) indicator. Deviation 2.222 Standard deviation multiplier for calculating bands/channels. ShowChannel Full Channel Displays the full volatility or signal channel on the chart. mPeriod 55 Main period used for band or channel calculation. mMode Linear weighted Type of moving average used in main channel/band. mPrice Close price Price type for the main channel calculation. ARROWBAR 0 Number of bars back to display the signal arrow. WhichArrows High/Low cross Bands Defines when arrows are shown (e.g., crossing upper/lower bands). ArrGap 5 Vertical gap between the arrow and the candle. ArrCodeUP 233 Wingdings code for “up” arrow symbol. ArrCodeDN 234 Wingdings code for “down” arrow symbol. ArrSize 1 Size of the signal arrow. SoundFile alert2.wav Sound file used for audio alerts. ALERTBAR 1 Enables bar-based alerting (e.g., 1 = enabled). AlertsMessage true Enables pop-up alert messages. AlertsSound true Enables audio alerts using the specified sound file. AlertsEmail false Sends alerts to email when enabled. AlertsMobile false Sends alerts to the MetaTrader mobile app. Button text color Yellow Text color of the on-screen button. Button text width 10 Width of the button’s text in pixels. Button background color MediumVioletRed Background color of the button (for UI display). Button X axis 0 Horizontal positioning of the button on the chart. Button Y axis 567 Vertical positioning of the button on the chart. Button base corner Left upper chart corner Defines where the button is anchored on the chart. Button in which window 0 Specifies in which chart sub-window the button is placed (0 = main chart window). Trading Specifications Recommended settings and parameters to pay attention to from developers and experts: FeaturesType Trading platformMetaTrader 5 (MT5) Time framesM5, M15, M30, H1, H4, D1 Currency pairsAny Pairs Minimum / Recommended depositAny Minimum / Recommended leverageAny Product typeUnlimited / NoDLL Additional servicesUnlock and Decompile Recommended brokersExness Broker, Icmarkets Broker Recommended VPSMyfxVPS.com (Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. ==>> Reviewed by David Easton Product Download Package? The download package of the product suite includes: ✅ Gorilla Signals Systems.ex4 ✅ Candle_Timer.ex4 ✅ VCrush Code Symbols.ex4 Conclusion In short, Gorilla Signals Systems is a powerful, multi-indicator trading tool designed to detect high-probability trading opportunities using volatility bands, momentum filters, and trend-following logic. By combining ATR-based breakout signals, Linear Weighted Moving Averages, and RSI-driven overbought/oversold detection, this system delivers highly accurate Buy and Sell alerts across various timeframes and market conditions.