The 100 Pips Daily MT4 Indicator Method is an easy-to-understand trend momentum breakout system. You can use it to your advantage when trading. Day traders and scalpers will benefit from this setup the most.
This strategy is based on the trend (half trend) and breakout entry indicators (123 patterns V6 HL). The signals provided by the aforementioned two indicators can be filtered out using one of two distinct systems (templates), the first of which is based on two trends CCI and the second of which is produced by Trend CCI and Awesome.
Trading signals from the 100 Pips Daily Strategy are available for you to use as-is or to further filter with additional chart research, which is advised. Although this strategy can be used by traders of all experience levels, it may be helpful to practice trading on an MT4 demo account first until you are reliable and self-assured enough to trade in real time.
Any Forex currency pair as well as other assets including stocks, commodities, cryptocurrencies, precious metals, oil, gas, etc. can be traded using the MT4 Indicator System. Additionally, you may use it on any time frame that works best for you, from 1-minute charts to 4-hour charts.
Trading guidelines for Precision Trend Scalping Indicators
On the M5 or M15 timeframes, it performs admirably for scalping and day trading. But if you like, you may also apply this to the charts for one hour. We also advise experimenting with new approaches and changing (adding or deleting) indicators to suit your needs.
Purchase half trend arrows and 123 pattern V6. Purchase Woodie CCI Panel Heart >0 LSMA fast and slow (Awesome indicator) blue bar.
Sell the V6 123 pattern and half of the trend arrows. sell
CCI Woodie Panel Heart rate variability LSMA = 0 (Awesome indicator) Blue bar.
Exit position The fast profit exit position for this system has a stop loss or SR ratio of 1.16 and pivot points at the levels. Stop loss at the high/low of the most recent swing.