The 100 Pips Indicator is a trend-following MT4 indicator designed for forex and stock traders. Using dual moving averages, it identifies bullish and bearish crossovers and converts them into profitable buy and sell signals. Beyond signaling entries, the indicator also helps traders determine potential exit points, making it ideal for Scalping, intraday, and multi-timeframe trading.
Best performance is achieved on higher timeframes such as H4 and daily charts, although it also works for shorter intraday setups.
How the 100 Pips Indicator Works
The indicator plots two moving averages:
- Fast MA (Blue line) – reacts quickly to price changes
- Slow MA (Red line) – smooths price movements for Trend Confirmation
Bullish Signal
- Fast MA (blue) crosses above the Slow MA (red)
- Occurs at the bottom of the market range or during a bullish breakout
- Traders may open a BUY/LONG position
- Exit the trade when the indicator signals a bearish crossover
Bearish Signal
- Fast MA (blue) crosses below the Slow MA (red)
- Occurs at the top of the market range or during a bearish breakout
- Traders may open a SELL/SHORT position
- Close positions when a bullish crossover occurs
Key Features
- Trend-following MT4 indicator using dual moving averages
- Signals bullish and bearish crossovers for trade entry
- Identifies potential exit points
- Suitable for scalping, intraday, and multi-timeframe analysis
- Works on forex, stocks, and other MT4-compatible assets
- Enhances buy/sell accuracy when used with trend-based strategies
- Free MT4 download
Conclusion
The 100 Pips Indicator for MT4 is a simple yet powerful trend-following tool for traders of all experience levels. By highlighting moving average crossovers, it allows you to enter and exit trades in line with the market trend, ensuring more informed trading decisions. This indicator can be used standalone or combined with other trend strategies for improved results.
