100 PIPS TRADING SYSTEM
100 PIPS TRADING SYSTEM
100 Pips Trading System Guidelines
Time Frame
- Use the 100 Pips trading system only on the 4-Hour or Daily timeframes.
Entry Rules
Buy Rules
- Open a LONG position when all these conditions are satisfied:
- The Blue Line crosses above the Red Line on the 100 Pips Momentum Indicator.
- The 100 Pips Power Indicator is BLUE.
- The 100 Pips Trend shows both UP arrows (BLUE).
Sell Rules
- Open a SHORT position when all these conditions are satisfied:
- The Blue Line crosses below the Red Line on the 100 Pips Momentum Indicator.
- The 100 Pips Power Indicator is RED.
- The 100 Pips Trend shows both DOWN arrows (RED).
Stop Loss
- The stop loss value is derived from the ATR(21) indicator:
- Stop Loss = 0.85 x ATR.
Exit
- There are two ways to exit your trade:
- Use a take profit level equal to or 2 times the stop loss level.
- Exit when at least three indicators show a reversal signal.