Try this and see if it works for you. I am an archer / thief character and consider this a necessity for my game - especially if you are going to try and battle the Sylvan Warriors in OOO.
http://www.tesnexus.com/downloads/file.php?id=2530
2. Description
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New Version out!!!!! Ver 1.7.1
Well....erm....it's done....kinda. Alright, this version includes the following:
Arrow Mold: makes all the standard arrows(minus Silver) from armor.
Arrow Rifiner: makes Silver, Hunter, Bone, Gold, and Wooden from various items.
Arrow Merger: makes standard arrows from 2 of a lesser type
Good Hunting - Bravo06
Arrow Imbuer: Enchants your arrows, each arrow type has dif enchants they can have
Bone Arrows: Arrows made from bone....mid lvl dmg, slightly higher speed, ignores weap resists(ala silver), AND has a few exclusive enchantments
Hunter Arrows: Arrows made from assorted items...high dmg(=daedric), high speed, ignores resists, AND has exclusive area elemental enchantments
Gold Arrows: Arrows made from.....GOOOOOOLLLLLDDD...low dmg, average speed, BUT can have the highest power enchantments(more than daedric).
Wooden Arrows: Do I need to tell you??...low dmg, basically a cheap alternative to iron arrows
A Manual: So ya don't hafta play the guessing game with everything.
WAAAAAYY too many custom enchantments
and prolly some other stuff I forgot to mention....
One Quick Note: 1.7 and on is dependant on Crafting Skill Engine.esm. The .esm is included in the release, make sure it's active in your modlist.