MT4 Today’s 100 Points Scalping Indicator – Free Download [TradingFinder] – Source #1549

Today's 100 Points Scalping Indicator in MetaTrader 4 uses price action analysis and Moving Average to accurately and quickly track market trends on different time frames.

The indicator displays entry and exit signals in the form of a curve on a candlestick, with the color change of the line defining the beginning or end of a trend move.

Today's 100-point scalping indicator table

The table below lists the general characteristics of today's 100-point scalping indicator.

Overview of today’s 100-point scalping indicator

Today's 100 Points Scalping Indicator uses colored trend lines and graphical symbols to visually and clearly illustrate market conditions.

In this structure, the blue line indicates a bullish condition and the red line indicates a bearish condition; in addition, the display of an asterisk (★) serves as a trade entry signal.

bullish trend indicator

The price chart below shows the EUR/AUD currency pair on the 4-hour time frame.

In today's bullish scenario of the 100-point scalping indicator, the main line color changes from red to blue indicating the beginning of the uptrend.

A buy entry signal is generated by the appearance of the word "buy" followed by an asterisk (★).

Bearish trend indicator

The price chart below shows the BNB Digital Currency Index on the 1-hour time frame.

In today's bearish case of the 100-point scalping indicator, the main line color change from blue to red indicates the beginning of the downtrend.

A sell entry signal is issued when an asterisk (★) appears above the candlestick.

Indicator Settings

The image below shows the settings panel for today’s 100-point scalping indicator:

• BPERIOD : calculation period of B period
• APERIOD : calculation period of A period
• aTake_Profit : displays the take profit level
• aStop_Loss : Displays the stop loss level
• Signal Text Size : Signal text font size
• Buy Signal Color : Buy signal color
• Sell ​​Signal Color : Sell signal color
• ALERT : Enable alerts
• EMAIL : Send email notification
• NOTIFICATION : push notification
• MESSAGE_TIMEOUT : message display time
• MESSAGE_SUBJECT : notification subject line

Conclusion

Today's 100-point scalping indicator technical analysis tool in MetaTrader 4 quickly identifies market trends and issues precise entry and exit signals.

This trading tool intuitively defines market direction and key price areas through the color change of the main line and the display of asterisks (★).