100 Pips
100 Pips
100 Pips
Thank you for downloading our FREE 100 Pips Forex Domination Trading System. We are absolutely confident this system will: - Fast-track you to consistent, low risk profits in your Forex trading in just a few mins every day - Save you lots of time by not having to go through endless pages and hours of videos, books, DVDs, etc (its only 7 pages long) - Remove any stress from your trading as you trade with a clear set of highly profitable rules For these reasons we urge you to dig into the system as soon as possible. Dedicated to your Forex success, Alberto Pau, Ron J. Wills and the rest of the FTATeam
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).
TIME FRAME
Use the 100 Pips trading system only on 4H our 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.
TRADE EXAMPLE
SELL GBP/USD on 4-H Timeframe
Trade Setup
As we can see from the screenshot above: The 100pips Momentum indicator BLUE line cut below the RED line and at the same time, 100pips Power and 100pips Direction indicator all show a DOWN signal. We had all the setup conditions for a SHORT entry. So on the next candle, we entered a SHORT position (at 1.461). Stop Loss The value of ATR 21 at that time was 0.0099. Our stoploss would be 99 * 0.85 ~ 84 pips above the entry point. So the stoploss was set at 1.4845. Take Profit We used the 1:2 risk to reward ratio. Our take profit will be 2 x stoploss = 168 pips below the entry point. So the Take profit was set at 1.4593.
Result The trade went down strongly in our favour direction and hit the profit target. The trade was closed with 168 pips profit.
As we can see from the screenshot above: The 100pips Move indicator BLUE line cut above the RED line and at the same time, 100pips Power and 100pips Direction indicator all show an UP signal. We had all the setup conditions for a LONG entry. So on the next candle, we entered a LONG position (at 1.0839). Stop Loss The value of ATR 21 at that time was 0.0065. Our stoploss would be 65 * 0.85 ~ 55 pips below the entry point. So the stoploss was set at 1.0784.
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Take Profit We used the 1:2 risk to reward ratio. Our take profit will be 2 x stoploss = 110 pips above the entry point. So the take profit was set at 1.0949. Result The trade went up strongly in our favour direction and hit the profit target. The trade was closed with 110 pips profit.
You Are About To Discover Deadly Accurate Market Dominating Forex Strategies, So Powerful The Worlds Best Traders Dont Want You To Find Out... http://ForexTradingApprentice.com/special.htm