100 Pips Daily MT4 Indicator System is a trend momentum breakout system very simple and clear It can help you in the trading activity. This set-up will best suit Day Traders and Scalping.
This system is based on two entry indicators: Trend (half trend) and breakout (123 patterns V6 HL). There are two different systems(templates) to filter out signals that are given by the above two indicators, the first is based on two trends CCI and the second is formed by Trend CCI and Awesome.
Main Windows
- Pips meter
- Half trend 1.02 amplitude 2
- Superdem optional
- color levels
- KH trade monitor
- 123 pattern V6 zig zag 6, retrace min 0.4, retrace max 1.0
- Zig zag
- Simple moving average 50 period
In sub window
Template N1:
- Woodie CCI panel heart fast: trend cci period 14, antry cci period 6, lsma 25, trend 25,
- Woodie CCI panel heart slow: trend cci period 100, antry cci period 6, lsma 25, trend 25.
Template N2:
- Woodie CCI panel heart slow: trend cci period 100, antry cci period 6, lsma 25, trend 25.
- Awesome
100 Pips Daily Strategy can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, it can be beneficial to practice trading on an MT4 demo account until you become consistent and confident enough to go live.
You can set the 100 Pips Daily Indicator to send you a signal alert via Mobile Notification, or platform pop-ups. This is helpful as it means you do not need to stare at the charts all day waiting for signals to appear, and you can monitor multiple charts all at once.
MT4 Indicator System can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best, from the 1-minutes through to the 4-Hour charts.
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Precision Trend Scalping Indicator Trading rules
For Scalping and day trading, it works great on M5 or M15 timeframes. However, you can also extend this onto the one-hour charts if you wish. We also recommend altering(adding or removing) indicators to your need and experimenting with new strategies.
Buy
- 123 pattern V6 and half trend arrows Buy
- Woodie CCI Panel Heart fast and slow >0
- LSMA (Awesome indicator) Green bar.
Sell
- 123 pattern V6 and half trend arrows sell
- Woodie CCI Panel Heart fast and slow <0
- LSMA (Awesome indicator) Red bar.
Exit position
Exit position for this system is fast profit with a ratio of 1.16 stop loss or SR o pivots points at the levels. Stop loss on the previous swing high/low.