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The 100 Pips Today Scalper Indicator on MetaTrader 4 quickly identifies market trends across multiple timeframes by analyzing price movements and applying moving averages.
This tool provides precise entry and exit signals in the form of a curved line plotted over candlesticks, highlighting trend reversals with color changes.
100 Pips Today Scalper Indicator Table
The general features of the 100 Pips Today Scalper Indicator are presented in the table below:
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Indicator Categories:
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Currency Strength MT4 Indicators
Trading Assist MT4 Indicators
Momentum Indicators in MetaTrader 4
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Platforms:
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MetaTrader 4 Indicators
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Trading Skills:
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Elementary
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Indicator Types:
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Reversal MT4 Indicators
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Timeframe:
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Multi-Timeframe MT4 Indicators
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Trading Style:
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Intraday MT4 Indicators
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Trading Instruments:
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Share Stocks MT4 Indicators
Indices Market MT4 Indicators
Commodity Market MT4 Indicators
Stock Market MT4 Indicators
Cryptocurrency MT4 Indicators
Forex MT4 Indicators
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100 Pips Today Scalper Indicator Overview
The 100 Pips Today Scalper Indicator visually displays market conditions with colored trend lines and graphical symbols, This trading tool the blue line indicates a bullish trend and The red line indicates a bearish trend.
The star symbol (★) marks potential entry zones for trades.
Indicator in Bullish Trend
The following chart shows the EUR/AUD pair on the 4-hour timeframe. In the bullish scenario of the 100 Pips Today Scalper Indicator, the main line changing color from red to blue signals the beginning of an upward trend.
Entry signals for buy trades are confirmed by the “Buy” label and the star symbol.
Indicator in Bearish Trend
The following chart shows the BNB cryptocurrency index on the 1-hour timeframe. In the bearish scenario, when the main line changes from blue to red, it signals the start of a downtrend.
A star symbol (★) appearing above the price candle confirms a Sell Entry Signal.
Indicator Settings
The following image shows the settings panel of the 100 Pips Today Scalper Indicator:
- BPERIOD: Calculation period for B cycle
- APERIOD: Calculation period for A cycle
- aTake_Profit: Display take profit level
- aStop_Loss: Display stop loss level
- Signal Text Size: Signal text font size
- Buy Signal Color: Buy signal color
- Sell Signal Color: Sell signal color
- ALERT: Enable alerts
- EMAIL: Send email notifications
- NOTIFICATION: Push notifications
- MESSAGE_TIMEOUT: Message display duration
- MESSAGE_SUBJECT: Notification subject line
Conclusion
The 100 Pips Today Scalper Indicator is a powerful technical analysis tool designed for quick trend recognition and accurate entry and exit signals on MetaTrader 4.
By changing the color of the main line and displaying star symbols, it visually highlights market direction and key price zones.
100 Pips Today Scalper Indicator for MT4 PDF
100 Pips Today Scalper Indicator for MT4 PDF
Click to download 100 Pips Today Scalper Indicator for MT4 PDF
Does the 100 Pips Today Scalper Indicator repaint?
It is a Non-Repainting Indicator, meaning past signals remain unchanged.
Is the 100 Pips Today Scalper Indicator suitable for beginners?
Yes. Its simple interface and clear visual signals make it ideal for both beginners and professional traders.