Gorilla Signals Systems MT4 v5.98 (Original version)
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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.
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:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 5 (MT5) |
| Time frames | M5, M15, M30, H1, H4, D1 |
| Currency pairs | Any Pairs |
| Minimum / Recommended deposit | Any |
| Minimum / Recommended leverage | Any |
| Product type | Unlimited / NoDLL |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, HTFX Broker |
| Recommended VPS | MyfxVPS.com (Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
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.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ What is Gorilla Signals System and how does it work?
Gorilla Signals System is a technical analysis indicator for MetaTrader 4/5 that uses volatility bands and weighted moving averages to generate high-probability entry signals for buy or sell opportunities. It is ideal for breakout and reversal trading.
❓ Which trading platforms and timeframes are supported?
The indicator is compatible with MetaTrader 4 (MT4) platforms, and works effectively across M5, M15, M30, H1, H4, and D1 timeframes.
❓ What markets or currency pairs does this indicator work best with?
Gorilla Signals System is designed to work on any currency pair or asset, though it performs best on major pairs like EURUSD and GBPUSD in trending market conditions.
❓ What kind of strategy does the system support — trend or reversal?
It supports both trend-following and reversal strategies, thanks to its multi-layered filtering, combining volatility, trend direction, and momentum-based analysis.
❓ Does the indicator provide real-time alerts?
Yes. It includes configurable alerts, including popup messages, sound notifications, and mobile/email alerts, ensuring traders are notified as soon as signals are generated.
❓ What is the purpose of the Volatility Band and ATR settings?
The indicator uses ATR-based volatility bands to identify breakout and reversal zones. The ATRPeriod and Deviation settings help determine how far price must move to trigger a valid signal.
❓ How are Buy and Sell signals displayed on the chart?
Buy signals appear as clear upward arrows, and sell signals appear as downward arrows, typically near upper or lower volatility bands. These arrows are visually distinct and customizable.
❓ Can I customize how the indicator looks and behaves?
Yes. You can customize arrow size, colors, sound alerts, volatility settings, smoothing methods, and interface elements such as chart buttons and text placement to suit your preferences.
❓ Is this tool suitable for beginner traders?
Absolutely. While it is powerful enough for advanced users, the visual simplicity and built-in alerts make it very suitable for beginners who want clear and timely trade signals.
❓ Does the system repaint signals or provide stable alerts?
No, Gorilla Signals System does not repaint. Once a signal is generated at the close of a candle, it remains fixed, ensuring reliable decision-making and backtesting accuracy.
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