Babylon Trader Xauusd Signal Indicator
- Indicators
- Version: 1.14
- Activations: 5
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Babylon Trader - XAUUSD Signal Indicator
Babylon Trader is a professional signal indicator built specifically for XAUUSD (Gold) on MetaTrader 5. It identifies high-probability trade setups using Daily Support and Resistance levels combined with EMA trend confirmation. The indicator displays one clean signal at a time with clearly defined Entry, Take Profit 1, Take Profit 2, and Stop Loss levels directly on your chart.
How It Works
The indicator reads the previous day High and Low as Resistance and Support levels. It then checks the current EMA trend direction on H1 timeframe. When price enters a valid zone aligned with the trend, a BUY or SELL signal is generated. The signal remains active until TP1, TP2, or SL is reached, after which a cooldown period prevents overtrading.
Key Features
- One signal at a time — no clutter, no confusion
- Two-stage target system: TP1 as primary target, TP2 as extended target
- TP1 hit notification with automatic progression to TP2 tracking
- Popup alert and sound alert on every new signal
- Visual dashboard showing Trend, Support, Resistance, Signal, Zone, Levels, and Cooldown timer
- On-chart horizontal lines for Entry, TP1, TP2, and SL
- Buy and Sell arrows placed at signal bar
- Result markers when TP1, TP2, or SL is hit
- Adjustable cooldown timer to prevent overtrading
- Fully customizable zone width, TP and SL distances
Signal Logic
- BUY signal: Bullish EMA trend + price near Daily Support
- BUY Mid-Range: Bullish EMA trend + price near midpoint of range
- SELL signal: Bearish EMA trend + price near Daily Resistance
- SELL Mid-Range: Bearish EMA trend + price near midpoint of range
Input Parameters
- EMA Fast / EMA Slow: Trend detection period (default 12 / 26)
- NearZone Pips: Zone width around Support and Resistance
- TP1 Points: First target distance in points
- TP2 Points: Second target distance in points
- SL Points: Stop Loss distance in points
- Cooldown Minutes: Wait time after signal closes before next signal
- Show Arrows / Dashboard / SR Lines / Alerts: Toggle visual elements
Recommended Settings for XAUUSD
- Chart Timeframe: H1
- TP1: 15000 points (approx $150 per standard lot)
- TP2: 25000 points (approx $250 per standard lot)
- SL: 7500 points (approx $75 per standard lot)
- NearZone Pips: 500
- Cooldown: 120 minutes
This indicator is optimized for XAUUSD on H1 timeframe. It is a visual signal tool and does not place trades automatically. All trading decisions remain with the user.
