About the 100 Pips indicator
The 100 Pips indicator for MT4 is a straightforward crossover trading tool that helps traders identify potential buy and sell opportunities.
It plots two lines on the chart: a blue line representing the shorter-period signal and a red line for the longer-period signal.
A buy trade signal occurs when the blue line crosses above the red line from below.
Conversely, a sell trade signal is generated when the blue line crosses below the red line from above.
This simple visual logic allows traders to quickly spot short-term trend changes.
It can be used on its own or alongside other technical indicators to filter signals and align trades with the broader market trend.
Free Download
Download the “100-pips-indikator.ex4” MT4 indicator
Key features
- Two-line crossover system for buy and sell signals.
- Works well with trend filters or other indicators.
- Easy to interpret and apply across multiple currency pairs.
- Optimized for London and New York trading sessions.
Indicator chart
The image below shows the 100 Pips indicator plotted on the main price chart.
The blue and red lines cross to generate buy and sell signals, making it easy to follow short-term market trends.
Guide to trade with the 100 Pips indicator
Buy rules
- Wait for the blue line to cross above the red line from below.
- Ensure the crossover is confirmed by the closing price.
- Enter a buy trade at the close of the crossover candle.
- Confirm alignment with the overall trend if desired.
Sell rules
- Wait for the blue line to cross below the red line from above.
- Ensure the crossover is confirmed by the closing price.
- Enter a sell trade at the close of the crossover candle.
- Confirm alignment with the overall trend if desired.
Stop loss
- Set the stop loss beyond the last significant swing point for added market noise protection.
- Use the average range of the last 5 candles to determine a dynamic stop level.
- For short-term trades, keep the stop tight but allow room for normal price spikes.
Take profit
- Close the trade when the opposite crossover signal occurs.
- Optionally, set a fixed pip target based on recent volatility.
- Scale out positions if desired at intermediate levels.
- Adjust the exit based on intraday support and resistance zones.
MT4 100 Pips and Best Forex Scalping Indicator Strategy
This MT4 scalping strategy uses the 100 Pips Metatrader 4 Forex Indicator to identify the market trend through blue and red signal line crossovers and then uses the Best Forex Scalping Indicator to provide precise entry points with blue and red arrows.
Combining these two tools allows traders to enter trades in the direction of the trend with clear confirmation, improving accuracy for short-term scalping opportunities.
This strategy is ideal for M1, M5, and M15 charts.
It is designed for scalpers who want fast entries during active sessions and prefer structured rules that reduce subjectivity.
The combination of trend direction and arrow confirmation helps avoid false signals in volatile markets.
Buy Entry Rules
- Wait for the blue line of the 100 Pips indicator to cross above the red line and close above it, signaling a bullish trend.
- Confirm that a blue arrow appears on the Best Forex Scalping Indicator.
- Enter a buy trade on the next candle after both conditions are met.
- Set the stop loss below the recent swing low or a few pips below the entry candle.
- Take profit when the next red arrow appears or when price shows signs of slowing near a resistance level.
Sell Entry Rules
- Wait for the blue line of the 100 Pips indicator to cross below the red line and close below it, signaling a bearish trend.
- Confirm that a red arrow appears on the Best Forex Scalping Indicator.
- Enter a sell trade on the next candle after both conditions are met.
- Set the stop loss above the recent swing high or a few pips above the entry candle.
- Take profit when the next blue arrow appears or when price shows signs of slowing near a support level.
Advantages
- Combines trend confirmation with precise entry arrows for higher accuracy.
- Fast signals suitable for scalping during active market sessions.
- Clear visual cues make it beginner-friendly.
- Works on multiple currency pairs including EURUSD, GBPUSD, and USDJPY.
- Helps capture short-term momentum while keeping risk manageable with tight stops.
Drawbacks
- Requires active monitoring and fast execution.
- Not designed for longer-term trades since it focuses on short-term scalping.
- Multiple signals in quick succession may lead to overtrading if not managed properly.
Case Study 1
On EURUSD M5, the blue line of the 100 Pips indicator crossed above the red line at 1.1510 and closed above it, signaling a bullish trend.
Shortly after, a blue arrow appeared on the Best Forex Scalping Indicator.
A buy trade was opened at 1.1510.
Price moved upward quickly, reaching a temporary peak at 1.1522 before showing a red arrow, indicating the exit.
The trade captured 12 pips in just a few minutes, demonstrating precise timing and momentum alignment.
Case Study 2
On GBPUSD M1, the blue line crossed below the red line at 1.2805, confirming a bearish trend.
A red arrow appeared on the Best Forex Scalping Indicator, and a sell trade was entered at 1.2805.
Price dropped to 1.2792 before a blue arrow appeared, signaling the exit.
This trade captured 13 pips quickly, illustrating how the strategy works for short-term scalping on GBPUSD.
Strategy Tips
- Always wait for both the trend signal from the 100 Pips indicator and the arrow confirmation from the Best Forex Scalping Indicator before entering a trade.
- Focus on currency pairs with high liquidity and low spreads such as EURUSD, GBPUSD, and USDJPY for better scalping performance.
- Keep stop losses tight, just below swing lows for buys and above swing highs for sells, to minimize risk in fast-moving markets.
- Consider taking partial profits at early signals if multiple arrows appear in succession. This locks in gains while allowing the trade to run further if momentum continues.
- Use multiple time frames for confirmation. Check M15 or M30 for trend alignment before executing trades on M1 or M5 charts.
- Track the speed and strength of price movement. Strong, smooth trends provide higher probability scalping opportunities, while choppy markets may produce false signals.
Download Now
Download the “100-pips-indikator.ex4” Metatrader 4 indicator
FAQ
Does the indicator generate alerts for crossovers?
Yes. It can be configured to provide pop-up or sound alerts when a crossover occurs on the chart.
Can this indicator work on all timeframes?
It works on any timeframe, but it is most effective on short-term charts such as 1-minute, 5-minute, or 15-minute setups.
Can it be combined with other tools?
Yes. It pairs well with trend-following indicators or support/resistance levels to reduce false signals.
Summary
The 100 Pips indicator for MT4 simplifies trading by using a two-line crossover system to highlight buy and sell opportunities. Its visual clarity makes trade entry fast and intuitive.
Flexible across multiple timeframes, it is ideal for scalping and intraday trading.
Using dynamic stop loss placement and optional trend filters, traders can manage risk while staying aligned with short-term market momentum.
