100 Pips Strategies

INSTALLATION

1. Unzip the 100pips.zip file
2. Copy all indicators (100pips1.ex4, 100pips2.ex4, 100pips3.ex4) to your MT4\expert\indicators directory.
3. Copy the template (100pips.tpl) to your MT4\templates directory.


(Do not copy the template to MT4\expert\templates directory).
4. Open your MT4 platform
5. Open a chart with H4 time frame.
6. Right Click at the chart:
Select Templates then select 100pips.



You should see all 4 100pips indicators uploaded into your chart (see picture below).
INDICATORS AND TEMPLATE
100 Pips Forex Domination uses 4 different indicators
1. 100 Pips Momentum
2. 100 Pips Power
3. 100 Pips Trend
4. ATR(21)



TIME FRAME
Use the 100 Pips trading system only on 4‐Hour Daily timeframe.
ENTRY RULES
* 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.

Download full 100 pips strategies




1 comment:

  1. ForexTrendy is a sophisticated software capable of detecting the most PROFITABLE continuation chart patterns. It scans through all the forex pairs, on all time frames and analyzes every prospective breakout.

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