100Pips Momentum MT4 indicator FREE Download

100Pips_Momentum_Indicator

The 100Pips Momentum MT4, it is an indicator following trend of the market may be used for entering orders. It is recommended to combine it with other indicators to be more accurate.

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How to used:

  • BUY Rules
    Open a LONG position when all these conditions are satisfied:
    ‐ The Blue Line cuts above the Red Line of the 100pips Momentum Indicator.

‐ 100pips Power Indicator is BLUE.
‐ 100pips 3 shows both UP arrows (BLUE colour).

  • SELL Rules
    Open a SHORT position when all these conditions are satisfied:
    ‐ The Blue Line cuts below the Red Line of the 100pips Momentum Indicator.
    ‐ 100pips Power Indicator is RED.
    ‐ 100pips Trend shows both DOWN arrows (RED colour).

STOP LOSS
The stoploss value will be derived from the ATR(21) indicator. Stoploss = 0.85 x ATR.

EXIT
There are two ways to exit your trade

‐ Use take profit level equals or 2 times of stoploss level.
‐ Exit when there are at 3 (three) indicators showing a reversal signal.

100 Pips A Day Forex Domination System

Time frame : M5 or higher
Currency pairs: All

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