100 Pips Today Scalper

Published: 25.07.2014

100 Pips Today Scalper simple indicator defines the beginning and end of the trend. Very suitable for intraday scalping. According to its structure reminds MA that changes color when you change the trend, red for Sell, yellow for Buy. 100 pips today scalper simply defines the minimum and maximum movements depending on the installed options.

100 Pips Today Scalper best fulfills himself in trending pairs such as EURAUD, GBPAUD, GBPJPY, EURJPY. Standard is also nice. MA is built from N number of objects (Ctrl + B).

Characteristics of 100 Pips Today Scalper
Settings of 100 Pips Today Scalper:

BPERIOD - default parameter 34, but I recommend to put 36. The signal will be more accurate. I have just such a setting and installed.

APERIOD - there are three parameters 1, 2 and 3. 3 by default, I recommend to leave it, if you put 2 line will be smoother. 1 - more sensitive than 3.


aTake_Profit - what number is written here at such a distance from the line will be installed * as a place for  Take Profit. If set to 0, then the star is mounted directly on the line, not to interfere in the chart.

aStop_Loss - what number is written here at such a distance from the line will be installed * as a place for Stop Loss. If set to 0, then the star is mounted directly on the line, not to interfere in the chart.


aAlerts - true / false enables / disables the sound signal when changing colors.

EmailOn - signal to Email.

SignalTextSize - text size signal.

BuySignalColor and SellSignalColor - text color signal for Buy / Sell.

Recommendations for 100 pips today scalper:

You can work on one indicator when changing colors do the reverse position, but with a small lot and only in trending pairs and only M5. Tests were carried out and the overall result was positive.

In my opinion, 100 Pips Today Scalper ideal for working on EURAUD. We put the indicator on the M15 with the parameters of course 36 and look which way the trend is on it. Next put the indicator on the M1 and the signal on the M1 opened sideways trend M15.

In the archives 100_Pips_Today_Scalper.rar:

  • 100pipstodayscalper.ex4

Free Download 100 Pips Today Scalper

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  • Srinivas Kumar
    Published: 16.09.2015 Reply to the message

    very good sir,I tested as U said it is certainly positive on EUR/AUD
    can I use only London session or can I trade all time this pair on M15 TF.
    please resond

  • slawomir
    Published: 16.02.2016 Reply to the message

    Hi! this indi perfectly colaborate with " megafxprofit", I added cycleidentyfier with setups (1,4,2) and entry I have when the line of "mega..." is above in up and below in down trend, and exit with a thick bars of cycleidentyfier . Works good... 8)

  • slawomir
    Published: 16.02.2016 Reply to the message

    oh! I forgot to say , in "megafx..." I added two levels -(+0,5 and -0,5) and when the trend will be up my entry is when the line of indicator goes above this +0,5 level line, and when is down, line should be below the -0,5 level.... I think this addition helps me to avoid too repainting of indicator.

    • Mari
      Published: 29.03.2016 Reply to the message

      Hello :-)
      How to change levels at +0.5 and -0.5? I’d like a basic explanation, I’m starting. Thank you

  • slawomir
    Published: 16.02.2016 Reply to the message

    that's me again! for scalping the setups for " cycleidentifier" would be better ( 1,2,2) this way produce more good signals...

    • Sebalis
      Published: 01.09.2016 Reply to the message

      How do you use the cycle identifier? I feel like I am looking at a different one than you, because mine is all over the place.

  • Sebalis
    Published: 31.08.2016 Reply to the message

    It won't work when I try to download it... what are the recommended steps?

  • All
    Published: 09.09.2016 Reply to the message

    I have downloaded the 100pipstodayscalper.ex4 ,but I don't know how to use it .
    would you please help me in this regard
    many thank

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