Maybe I'm just a bit slow, but I had to look up a walkthrough for the arcade.
Spoiler:
The way that the symbols show up made me think that I had to start at which color the arrow is pointing from and then turn to the color the arrow points to, rather than turning the arrow then using that to determine the colors. (Ex. Step 2, I started from green then thought I had to work to yellow).
Very frustrating.