Gold Adx Atr Dashboard
- Indicators
- Version: 1.0
- Activations: 10
Gold ADX ATR Dashboard marks the closed bar where a pullback inside an ADX trend has finished. Two standard indicators and nothing else: ADX(14) for direction, ATR(14) for size.
There is no threshold, period or multiplier to set. Those inputs do not exist. Every number the rule needs is measured on your own account, and every one of them is printed on the chart.
It draws. It does not trade. No orders are opened, modified or closed.
WHAT THE PANEL SHOWS
Gold ADX ATR Dashboard
Account calibration
Symbol GOLD (gold detected)
Digits 2 Point 0.01
Tick value 1.00 USD
Spread 51 pts (median of 200)
Server-GMT +3 h
ATR(14) 580 pts
Pullback floor 408 pts (= max 0.5xATR, 8xspread)
Timeframes
M5 Up (ADX 23.9)
M15 Up (ADX 22.0)
H1 Pullback down (ADX 25.1)
H4 Down (ADX 33.9)
Chart TF M15 Signals Long 1 / Short 2
State Waiting for pullback to start
Check it against the panel: max(0.5 x 580, 8 x 51) = 408. That number gates every signal on this account. On EURUSD the same file reads 152 pts, because that account gives 8 x 19 pts of spread. Nothing was configured to make either happen.
Each timeframe row reads Up, Down, Pullback up, Pullback down or No trend. Arrows are labelled Long setup or Short setup. Tick value carries the currency code it is in, because on some brokers the gold figure is not converted into the account currency.
Signals counts only the arrows of the current day, long and short kept apart, and it is reset at midnight on the broker server clock, the same day boundary the floor uses, so the number seen yesterday is not carried over: this indicator keeps no running tally.
THE COMPLETE RULE, NOTHING HELD BACK
Direction, from ADX(14) on the closed bar:
a trend exists when ADX >= 20
up when +DI > -DI, down when -DI > +DI
below 20 there is no direction and no signal
Pullback floor, recalculated once a day, a day being midnight on the broker server clock:
floor = max(0.5 x ATR(14), 8 x median spread)
the median comes from the 200 bars that closed before that day began
For an uptrend:
1. H = the highest high among the closed bars before this one
2. the pullback starts when H - Low >= floor
3. it completes when a closed bar closes above the previous bar's high
4. one arrow is placed 0.25 x ATR below that bar's low
5. no further long signal until H is exceeded again
6. the state is discarded if ADX drops below 20 or the DI order flips
Downtrends are the mirror image.
IT DOES NOT REPAINT
Nothing is drawn on a forming bar. An arrow appears after the close and stays there: the floor for a bar is fixed by the days before it, so recalculating the history produces the same arrows.
THE TEN INPUTS, BY NAME
InpShowPanel, InpPanelCorner, InpPanelFontSize, InpColorLong, InpColorShort, InpColorPanelText, InpArrowSize, InpAlertPopup, InpAlertPush, InpAlertEmail. There is no eleventh, and none of them changes a signal.
One alert per bar, by popup, push and email:
XAUUSD H1 Long setup: ADX 26.3 (>=20), +DI>-DI, pullback floor 408 pts met, close beyond prior bar
WHAT IT DOES NOT DO
- It does not open, close or modify positions. It calls no trading functions at all.
- It does not report results, statistics or scores of any kind.
- It claims nothing for symbols other than gold. It runs elsewhere, but the floor is sized for gold, so signals are rare on EURUSD by construction.
- On a chart other than gold, the Symbol line still shows the gold instrument found on your account, or the chart symbol when the account has none, while every other field belongs to the chart the indicator is attached to.
- It never moves or deletes what it has drawn.
- Inside the Strategy Tester the spread is simulated, and the panel says so.
DEMO AND REQUIREMENTS
MetaTrader 5, on any timeframe. Arrows and alerts come from the chart timeframe; the four rows are display only. Open the demo on M5 so all four rows are available. There is no set file to ask for. The interface is English.
