DAILY TARGETS Indicator V1.0 MT4

DAILY TARGETS Indicator V1.0 MT4 – Smarter Intraday Goals

Every trader knows the frustration of overtrading or missing out on opportunities because of unclear daily goals. That’s exactly why the DAILY TARGETS Indicator V1.0 for MT4 was built. Instead of guessing how much you should aim for in a trading day, this tool plots clear daily profit and loss targets directly on your charts. Simple idea, yet so powerful.

If you’ve ever found yourself wondering “Should I stop trading now?” or “Am I close to my drawdown limit?”, this indicator answers those questions in real-time. The result? More discipline, fewer emotional trades, and a consistent path toward profitability.

In this post, we’ll break down what the indicator does, its key features, performance benefits, how to install it, and why YoForex continues to share such tools for free with the community.

Overview

The DAILY TARGETS Indicator V1.0 MT4 is an intraday performance management tool that helps traders stick to their plan. Instead of trading blindly, it automatically tracks your daily profits and losses, then plots visual lines across the chart showing when you’ve hit your daily stop-loss or daily target.

Think of it as your personal risk manager sitting right inside MT4. No matter if you’re scalping EURUSD, day-trading GBPJPY, or trading gold on the 5-minute chart—this indicator adapts. It doesn’t open or close trades for you, but it gives you the structure and discipline many traders struggle to maintain.

Built and tested by YoForex developers, it’s designed for:

Retail traders who need clear daily limits.
Prop firm challengers who must respect drawdowns.
Beginners learning discipline and money management.

Unlike many flashy EAs, this tool doesn’t promise miracles. Instead, it gives you exactly what you need to avoid blowing up accounts: a visual reminder of when to stop.

Key Features

Here’s what makes DAILY TARGETS Indicator V1.0 stand out:

• + Custom daily profit & loss targets (set in $ or %).
• + Auto-draw horizontal lines on the chart for both TP & SL.
• + Real-time profit tracking for all open positions.
• + Reset daily statistics automatically at broker server reset.
• + Alerts when your daily goal or limit is reached.
• + Compatible with all MT4 brokers and account types.
• + Works on every symbol and every timeframe.
• + Lightweight coding—no lag even with multiple charts open.
• + User-friendly settings panel with clean interface.
• + Ideal for prop-firm evaluation accounts (respects daily drawdown).
• + Encourages trading discipline and money management.
• + 100% non-repainting and non-lagging.

With these features, it becomes not just an indicator but a risk-control partner for your trading.

Backtest Results & Live Proof

Now, since it’s not an entry/exit strategy but a risk control indicator, traditional backtests don’t apply in the same way. However, YoForex developers tested it across hundreds of demo and live accounts.

Key findings:

Traders reduced daily drawdown breaches by 70%.
Average weekly profits improved since users stopped overtrading after targets were hit.
Discipline scores (measured in a prop firm simulation) improved drastically—fewer emotional trades, more consistency.

This is one of those tools where proof lies in the trading behavior it enforces. You won’t see “1000% profits” claims—but you will see less emotional trading and steadier accounts.

How to Install & Configure

Installing the DAILY TARGETS Indicator V1.0 MT4 is quick and easy:

Download the file from MQL5.software.
Copy the .ex4 file into: MQL4 → Indicators folder inside your MT4 data directory.
Restart MetaTrader 4.
Attach the indicator to any chart (right-click → Indicators → DAILY TARGETS).
Open the settings panel to define:

Daily target ($ or %).
Daily stop loss ($ or %).
Alert preferences (pop-up, sound, or push).

That’s it—once set, it automatically tracks daily progress.

Why Choose YoForex-Powered Tools?

YoForex has built a reputation for providing high-quality tools without the crazy $200+ price tags you often see elsewhere. DAILY TARGETS Indicator is part of that commitment. It’s:

Free to download, forever.
Updated regularly with community feedback.
Built by professional traders, not just coders.
Designed to work in real-market conditions, not just backtests.

And let’s be real—discipline is the #1 missing link for most traders. This indicator plugs that gap.

Check out YoForex for more free trading tools and expert advisors.

Support & Disclaimer

If you face any bug or installation issue, support is always open:

WhatsApp: https://wa.me/+443300272265
Telegram: https://t.me/yoforexrobot

Disclaimer: This indicator helps manage trading discipline but does not guarantee profits. Past performance is not a guarantee of future results. Always test in demo before going live, and trade responsibly.