Description

Daily Pips Hunter Indicator MT4: A Comprehensive Trading Strategy

Overview

The Daily Pips Hunter is a non-repaint trading strategy designed for manual traders who prefer making their own decisions. It combines technical indicators to generate accurate trade signals, allowing traders to take control of their trades and maximize profits.

Key Features:

• Strategy Type: Trend-following strategy
• Timeframe: Daily (D1)
• Indicators Used:
  • 50-period Exponential Moving Average (EMA, blue)
  • 200-period EMA (red)
  • Stochastic Oscillator (standard settings: 14,3,3)

 

How Daily Pips Hunter Works

1. Indicator Setup:
   • Add the 50-period EMA (blue) and the 200-period EMA (red) to your MT4 chart.
   • Apply the Stochastic Oscillator with standard settings.
   • Set your chart to the daily timeframe (D1).
2. Entry Signals:
   • Buy when the blue dot appears on the chart.
   • Set a take profit target of 40 pips (no stop loss is used).
3. Risk Management:
   • Traders must be familiar with risk and reward principles.
   • Use initial support and resistance levels to set entry and exit points.

Benefits of Daily Pips Hunter

1. Complete Control:
   • Unlike automated systems, this strategy allows traders to make their own decisions.
   • Greater satisfaction and a sense of accomplishment for active traders.
2. Skill Development:
   • Analyzing market conditions and making manual decisions enhance trading skills.
   • Better decision-making leads to long-term success.
3. Flexibility:
   • Suitable for beginners and experienced traders.
   • Easy customization and user-friendly features.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.📈🍀

Stay Updated:

Instant Download: https://yoforex.org/product/daily-pips-hunter-indicator/ ‎

Contact: https://t.me/yoforexrobot

 

🔔😎Happy Trading😎🔔