ORIGINAL: brweg
And now for some trivia:
For all the IMAC flying you will do, Paul's answer was correct.
But I learned something new from an IAC Aresti instructor at the Tucson Shootout - Julie Johnson. In PURE Aresti, the arrow does indicate direction of roll. I had never heard that before, but I have no reason to doubt Julie. She is Fred Johnson's wife and very active in the full size arena.
I don't think the full size pilots deal with roll elements any differently than we do - the arrow on the roll does not indicate the direction of the roll. But apparently this is different in what she called "pure Aresti."
What in the world is 'pure aresti' anyway? In every event I've ever seen including 2 World Aerobatic Championships, the arrow does not indicate specific roll direction and it is never described as such in any aerobatic catalog.