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GoldEdgeSignalIndicator

FREE

Published: 26 July 2026

Current version: 1.0

GoldEdgeSignalIndicator

Indicators
Christian Muzungu
Christian Muzungu
Canada

664
Version: 1.0

GoldEdge Signal Indicator
Description
Professional signal indicator for XAUUSD (Gold) based on a validated trend-pullback strategy. Draws BUY/SELL arrows on the chart with calculated SL/TP levels, a real-time dashboard, and popup alerts.

Validated edge: PF 1.44 / Sharpe 3.87 / Max DD 3.95% (12-month backtest, real ticks).

What It Does
- BUY/SELL arrows drawn directly on the chart at signal bars
- Entry, SL, and TP horizontal lines for the last signal (visual trade setup)
- Live dashboard showing all indicator values and signal conditions in real-time
- Popup alerts when a new signal appears (configurable)

Strategy (3-Layer Confluence)

Layer 1: H4 Trend Filter
- EMA50 on H4 must be rising (h4ema[1] > h4ema[2])
- Price must be above*EMA50 on H4
- Only trades in the direction of the higher-timeframe trend

Layer 2: M15 Pullback
- Price must be above EMA55 on M15 (uptrend structure)
- Price must pull back near EMA21 (within 1.0 x ATR)
- This identifies entries at value, not at extremes

Layer 3: ADX Regime Gate
- ADX(H4) must be above 22 (strong directional trend)
- Eliminates signals in choppy/ranging markets

Signal Trigger
When all 3 layers align and price resumes in the trend direction (close > previous close):
- BUY arrow appears below the bar (long signal)
- SELL arrow appears above the bar (short signal, if enabled)

Indicator Buffers
| Buffer | Plot | Type | Color |
|--------|------|------|-------|
| 0 | BUY | DRAW_ARROW (233) | Lime |
| 1 | SELL | DRAW_ARROW (234) | Red |
| 2 | TrendUp | CALCULATIONS | - |
| 3 | TrendDn | CALCULATIONS | - |

Dashboard Display
The on-chart dashboard shows:
- Current price
- H4 trend direction (UP/DN)
- M15 trend direction (UP/DN/FLAT)
- EMA21 and EMA55 values
- ADX(H4) value with OK/LOW status
- Pullback status (in zone / too far)
- ATR(M15) with calculated SL and TP distances
- Last signal direction, entry, SL, TP

Visual Output
- Entry line: Cyan dotted horizontal line
- SL line: Orange dashed horizontal line
- TP line: Green dashed horizontal line
- Arrows are placed below lows (BUY) or above highs (SELL)

Input Parameters

Trend
| Parameter | Default | Description |
|-----------|---------|-------------|
| InpEmaFast | 21 | EMA M15 fast (pullback target) |
| InpEmaSlow | 55 | EMA M15 slow (trend structure) |
| InpH4EmaPeriod | 50 | EMA H4 (higher-timeframe trend) |

Regime
| Parameter | Default | Description |
|-----------|---------|-------------|
| InpUseAdxFilter | true | Enable ADX gate |
| InpAdxPeriod | 14 | ADX period |
| InpAdxMin | 22.0 | Minimum ADX for valid signal |

Pullback
| Parameter | Default | Description |
|-----------|---------|-------------|
| InpPullbackAtr | 1.0 | Max distance to EMA21 (ATR multiples) |
| InpATRperiod | 14 | ATR period for SL/TP calculation |

Risk/Exit (display only)
| Parameter | Default | Description |

|-----------|---------|-------------|
| InpSlAtrMult | 2.0 | SL = mult x ATR (for display) |
| InpTpAtrMult | 5.0 | TP = mult x ATR (for display) |
| InpTradeDir | 1 | 1=long only, 0=both, -1=short |

Display
| Parameter | Default | Description |
|-----------|---------|-------------|
| InpShowDashboard | true | On-chart dashboard |
| InpShowSLTP | true | Draw SL/TP lines |
| InpAlertOn | true | Popup alert on new signal |

Recommended Setup
- Symbol**: XAUUSD (Gold)
- Timeframe: M15 (chart)
- The indicator uses M15 and H4 data internally regardless of chart timeframe

Installation
1. Copy `GoldEdge_Signal_Indicator.ex5` to `MQL5\Indicators\`
2. Drag onto XAUUSD M15 chart
3

. Signals appear automatically on historical and live bars

Usage Tips
- Long-only mode (default) is the most validated configuration on gold
- The SL/TP lines are suggestions based on ATR — adjust to your risk tolerance
- Use the dashboard to monitor signal conditions in real-time
- Combine with your own risk management for manual trading
- The indicator does NOT execute trades — it only provides visual signals

Indicators Used
All standard MT5 indicators (no custom or external dependencies):
- iMA (Exponential Moving Average) — M15 x2 + H4 x1
- iADX (Average Directional Index) — H4
- iATR (Average True Range) — M15

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FableNQ — MT5 EA for NAS100 Instrument : NAS100/US100 (M5) Logic : builds a range from M5 opening prices during the Asian session, then enters long if price breaks above that range at the London open Direction : long only (short disabled) Frequency : max 1 trade per session Trade management : ATR-based SL, moves to BE at +1R, then ATR x1.5 trailing, position left running (no forced close at end of window) Risk : % of capital per trade (capped at 1.5%), new entries blocked after -3% intraday, ful

AutoSLTP Assistant — Automated Trade Management Short Description AutoSLTP Assistant automatically manages Stop Loss, Take Profit, Break-Even, Trailing Stop and Partial Close for your existing MT5 positions. Fully configurable and compatible with manual trades, signals and other Expert Advisors. Full Description Automated trade management without changing your entry strategy. AutoSLTP Assistant monitors your existing positions and applies your predefined risk-management rules automatically. It d

Contrarian traders who've found a strategy that works better inverted — buys become sells, and vice versa Getting up and running (5 steps, no headaches) 1. Drop the EA into MT5 Copy SimpleTradeCopier.ex5 into <your MT5 terminal>\MQL5\Experts\. Then in MT5, open the Navigator (Ctrl+N) and drag SimpleTradeCopier onto any chart — it doesn't matter which one. 2. Set up your MASTER account This is the account whose trades you want to copy from. In the EA's inputs: InpMode = STC_MASTER ← this account

FOREXHUNTER EA - Multi-Pair Multi-Strategy Expert Advisor Professional MT5 Trading System Version 1.00 | (c) 2026 OVERVIEW ForexHunter is a professional, fully-automated multi-pair trading system that scans 7 instruments across Forex majors, Gold, and JPY crosses - simultaneously. Instead of relying on a single strategy or a single currency pair, ForexHunter deploys FIVE distinct trading strategies and automatically assigns the optimal strategy to each instrument based on its market charact

100 USD

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GoldEdgeSignalIndicator

Christian Muzungu