100 Pips Today Scalper Indicator for MT5 – Free Download [TradingFinder]

The 100 Pips Today Scalper indicator in MetaTrader 5, by analyzing price movements and combining moving averages, can quickly and accurately identify market trends across different timeframes.

 This trading system, by drawing a curved line over candlesticks and changing its color, visually displays suitable entry and exit positions.

100 Pips Today Scalper Indicator Table

The specifications of the 100 Pips Today Scalper indicator are presented in the table below:

100 Pips Today Scalper Indicator Overview

The 100 Pips Today Scalper indicator, using colored trend lines and visual symbols, clearly and understandably illustrates the overall market condition for traders.

 In this trading tool, the blue color indicates the bullish phase and the red color represents the bearish phase of the market.

 Additionally, the ★ symbol and the words “Buy” or “Down” generate trade entry signals.

Indicator in Bullish Trend

The chart below shows the Dow Jones Index (DJI) in the 1-hour timeframe.

 In the bullish condition of the 100 Pips Today Scalper indicator, the color of the main line changing from red to blue indicates the beginning of an upward market movement.

 Simultaneously, the appearance of the word “Buy” along with the ★ symbol is issued as confirmation of entry into a buy position.

Indicator in Bearish Trend

The chart below shows the Bitcoin Cash cryptocurrency index (BCH/USD) in the 15-minute timeframe.

 In the bearish condition of the 100 Pips Today Scalper indicator, the main line changing from blue to red indicates the start of a downward market trend.

 At the same time, the appearance of the ★ symbol and the word “Down” above the candlestick acts as a sell entry signal.

Indicator Settings

The image below shows the settings of the 100 Pips Today Scalper Indicator in the MetaTrader 5 platform:

• BPERIOD: B period calculation timeframe
• APERIOD: A period calculation timeframe
• aTake_Profit: Take profit display
• aStop_Loss: Stop loss display
• Signal Text Size: Signal text size
• Buy Signal Color: Buy signal color
• Sell Signal Color: Sell signal color
• ALERT: Alert display
• EMAIL: Email sending
• NOTIFICATION: Notification sending
• MESSAGE_TIMEOUT: Message display duration
• MESSAGE_SUBJECT: Message subject display

Conclusion

The 100 Pips Today Scalper Indicator (Pips Today Scalper100) in MetaTrader 5 is a technical analysis tool for quickly identifying market trends and generating accurate entry and exit signals.

 This trading system, by changing the primary line color and using the ★ symbol, visually and clearly shows price movement direction and key market levels to the trader.