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Friday, 13 September 2024
Daily Pips Hunter Indicator MT4
Daily Pips Hunter Indicator MT4

Daily Pips Hunter Indicator MT4

Watch the testing video here:

Daily Pips Hunter Indicator MT4: A Scalping Solution

Overview

  • Name: Daily Pips Hunter Indicator MT4
  • Type: Non-repaint trading strategy
  • Purpose: Generate accurate trade signals for scalping and swing trading
  • Developer: Rodrigo Arana Garcia
  • Version: 1.30 (updated on October 15, 2022)
  • Activations: Unlimited

Strategy

  • Daily Pips Hunter combines various technical indicators to provide precise entry and exit signals.
  • It works well for both short-term scalping and longer-term swing trading.
  • The system focuses on capturing small price movements with high accuracy.

Key Features

  1. Non-Repaint Indicator:
    • The indicator’s values remain stable even when new data arrives.
    • Signals are reliable and consistent.
  2. Trading Pairs:
    • Suitable for any currency pair.
    • Best results observed with:
      • EURUSD
      • GBPUSD
      • USDCAD
      • AUDNZD
      • NZDCAD
      • NZDUSD
      • EURGBP
      • EURAUD
      • EURJPY
  3. Timeframe:
    • Preferable timeframe: H1 (1-hour chart).
    • Can be adapted to other timeframes.
  4. Trading Time:
    • Can be used around the clock.
    • Avoid trading during medium and high-impact news releases.

Installation and Configuration

  1. Broker Requirements:
    • Use an ECN broker with tight spreads for scalping.
    • Minimum deposit: $100.
  2. Indicator Settings:
    • Attach the indicator to your preferred trading pair (H1 recommended).
    • Modify parameters to suit your trading strategy.
  3. Trade Execution:
    • Buy when you see the box breakout arrow on the chart.
    • Close the trade when the candle touches the trend line.
    • Ideal profit levels occur when the trend line and the support/resistance (snr) line touch at the same level.
    • Adjust stop loss based on the bottom line of the breakout box.

Stay Updated:

Join our Telegram group: Forex Channel for real-time settings, support, and discussions.

                    

Additional Resources:

Instant Download: Forex Channel

Contact: micelwin@gmail.com

 

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