100 Pips Indicator

100 Pips Indicator

A super trend-following BUY SELL signal indicator for forex & stock day/intraday traders. Suits MTF charts & all types of trading styles in MT4.

The 100 Pips Indicator is a trend-following forex and stock trading indicator developed for the MT4 platform. It applies dual moving averages to plot crossovers and transforms them into profitable buy/sell signals. Besides precise market entries, it also signals potential trade exit positions.

Furthermore, Indicator is a good match for MTF chart analysis, allowing you to engage in scalping and intraday trading simultaneously. However, try applying it on higher timeframes like H4 and daily charts for best results.

This guide explains how to identify forex and stock buy/sell signals using the 100 Pips Indicator in MT4.

How to apply the 100 Pips Indicator in MT4 for identifying profitable trade signals

The 100 Pips Indicator comprises a fast and a slow-moving average (MA) for plotting the crossover signals. The fast MA appears in blue and the slow MA in red color so that you can easily distinguish the crossover patterns.

The blue MA moves above the red MA signaling a bullish crossover. Oppositely, the blue MA drops below the red MA is a bearish crossover.

We’ll target long when the 100 Pips Indicator plots a bullish crossover at the bottom of the market range. Besides, you can place buy orders during a bullish breakout while the fast MA moves above the slow MA. Conversely, activate sell orders when the fast MA drops below the slow MA and the price plots a bearish breakout or reversal pattern at the same time.

For buy/sell exits, consider closing an active position when the indicator plots an opposite trend signal to your entry direction.

Conclusion
The 100 Pips Indicator is a super trend-following indicator for both beginners and expert traders. Its simplicity in demonstrating the crossover signals helps forex and stock trade within the correct trend direction. Apart from using it individually in MT4, it also enhances buy-sell signal accuracy when merged with trend-based trading strategies.