100 Pips daily target, easy to use

Can anyone explain me more clearly this strategy? I see much potential in this but I'm a bit confused.
We have in view only the 100pips Momentum indicator and for example when we see a blue up arrow, we buy with a 10-15 TP and 30 SL and when we see a red down arrow, we sell? Or we trade only after a dot and an arrow, like a red dot + red down arrow = sell?
I want to mention that I am new in trading business. Thanks..

im looking at this on the 5 min time frame , it is good on the 5 min chart ,

why does it have to be traded on the 15 min or the 1 hour ?

I have an idea for making this super simple to understand trading the 5 min charts

with your help , i know it can be great

let me know who is interested , im using a price action concept for the entry's not a moving average , its pure price action,

i want to see a specific set up near these turning areas

Now I am not so sure , its repainting badly on the 5 min chart, so it tells me that this indicator is doing absolutely nothing ,

If it repaints then what information can we take from it ?

not sure i can work with such an indicator if its repainting this way , any one else seeing this repaint ?

what Indicator repaint ? I don't understand what you want

sorry , i forgot to mention the indicator lol

the renko super signal one , does it repaint ? i was observing it on the 5 min chart and it was moving , but im interested in to see if the dot will repaint , does the dot repaint yes or no ?

thanks

Never trust a re painting indicator

this is the number 1 rule

you've based the system on a repainting indicator

need to re think this in my opinion

yes sure this indicator repaint in M1 and M5 more in higher TF lower
because I trade in H1 M5 is for scalper

this is ONLY the ONE Indicator and this Indicator is for higher TF H1 H4 D1
for CounterTrend trading Hi / Lo

the 100PipsMomentum not repaint is good for M15 and H1
I trade more with the 100PipsMomentum and the smStrengthRange no repaint too

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Hi Ghostbiker,

tried to to send you a mail as indicated but Mail could Not Be delivered

Regards

Ferry

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I wish to commend the efforts of GB for this thread, it has greatly added more to my fx knowledge

Can someone detail the mathematics behind the Renko double channels and the key inputs required? Thanks in advance. I'd like to understand exactly how it works.

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Nice strategy. So what is your average monthly gain in pips with this strategy?

my target is 1% daily win

Hi ghost biker

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