DAILY TARGETS Indicator V1.0 MT4 – Stay on Track with Precision
Trading in the forex market can feel overwhelming when price movements are fast, unpredictable, and full of noise. Many traders enter trades without a clear target, only to exit too early or too late. That’s where the DAILY TARGETS Indicator V1.0 for MT4 comes in. This tool is designed to keep your trades aligned with realistic daily goals, helping you trade smarter, not harder.
Instead of chasing pips blindly, the indicator guides you by setting structured daily price targets. Whether you’re a scalper looking for short bursts of profit or a swing trader trying to capture daily moves, this indicator provides clarity and control.
Let’s explore how the Daily Targets Indicator works, its benefits, and how you can integrate it into your trading strategy.
What is the DAILY TARGETS Indicator V1.0 MT4?
The Daily Targets Indicator is a custom-built trading tool for MetaTrader 4 (MT4). It calculates and displays daily price targets on your charts, giving traders predefined levels to aim for when entering or exiting trades.
Instead of guessing where the market might head, you’ll see clear levels—like support, resistance, and daily range extensions—plotted right on your chart. This eliminates a lot of emotional decision-making and improves your consistency.
Think of it as your daily trading compass: it shows where price is likely to head and helps you stick to a structured plan.
Key Features of DAILY TARGETS Indicator V1.0
- Auto-calculates daily targets based on market volatility and price range.
- Works on all forex pairs (EURUSD, GBPUSD, USDJPY, etc.) and even commodities like Gold (XAUUSD).
- Compatible with any timeframe, though most effective on M15, H1, and H4 charts.
- Simple to use – just attach it to your MT4 chart and it plots targets automatically.
- Customizable settings – adjust the calculation method, colors, and visibility.
- No repainting – once a target is set for the day, it stays locked.
- Risk management aid – helps you plan entries, take profits, and stop losses more logically.
- Supports different trading styles – scalping, day trading, or swing trading.
- Low system load – lightweight coding ensures your MT4 runs smoothly.
Why Use the DAILY TARGETS Indicator?
One of the biggest mistakes traders make is entering trades without a target. Without clear profit-taking levels, they often end up losing potential profits. The Daily Targets Indicator solves this problem by setting structured expectations.
Instead of hoping the market keeps running in your favor, you’ll know when it’s time to take profit. This is especially useful for traders who struggle with greed or fear-driven exits.
How It Works in Practice
Let’s say you’re trading EURUSD on a 1-hour chart.
- You attach the Daily Targets Indicator to the chart.
- It automatically plots daily price targets based on volatility and previous ranges.
- You open a trade when your strategy signals an entry.
- Instead of guessing where to exit, you target the indicator’s levels.
- Once the target is hit, you close the trade with confidence.
This structured approach reduces second-guessing and makes your trading decisions clearer.
Example Use Cases
- Scalping: Quick entries and exits, using the indicator’s closest daily levels as profit targets.
- Day Trading: Planning one or two solid trades a day by following the indicator’s mid-level targets.
- Swing Trading: Combining the indicator with higher timeframe analysis to catch larger daily moves.
Installation & Setup Guide
- Download the Daily Targets Indicator V1.0 from fxcracked.org.
- Open MT4 → File → Open Data Folder.
- Navigate to MQL4 → Indicators and paste the downloaded file.
- Restart MT4.
- Attach the indicator to your desired chart.
- Customize the settings (colors, styles, calculation method).
That’s it—you’ll now see clear daily target levels plotted on your charts.
Pro Tips for Best Results
- Combine it with a trend indicator like Moving Averages or RSI for confirmation.
- Use it alongside support & resistance zones to increase accuracy.
- Stick to one or two high-quality setups per day instead of overtrading.
- Always use proper risk management – the indicator helps, but nothing is guaranteed.
Why DAILY TARGETS Indicator is Different
Unlike generic pivot point or support/resistance indicators, this tool is built specifically to focus on daily goals. It gives you realistic levels for the day—neither too far nor too tight—helping you stay disciplined.
It’s like having a trading mentor reminding you not to overreach.
Conclusion – Should You Try It?
If you often struggle with entry/exit planning or find yourself closing trades too early (or too late), the Daily Targets Indicator V1.0 MT4 can change your approach. It provides structured targets that align with real daily market movement, keeping you consistent and less emotional.
Download it for free from fxcracked.org and start trading with clarity today.


Comments
Leave a Comment