GoldScalping Indicator

Overview

GoldScalping Indicator is a technical analysis tool for MetaTrader 5, designed for trading XAUUSD on intraday timeframes. It combines a channel breakout engine with a band filter to identify trend-change signals with reduced false entries.The indicator does not repaint. Signals are generated on closed bars. All calculations are performed inline without external files or DLL calls.

Recommended M15 timeframes.***After purchase send me message to get Instruction***

Features

  • Channel breakout detection with adaptive channel width expansion
  • Band filter — no external indicators
  • Three take-profit levels and one stop-loss level per signal (ATR or fixed points)
  • Trade analysis overlay: open/close arrows, profit/loss text, trend lines
  • No-repaint — signals are based on closed bar data only
  • Sound alerts, email alerts and push notifications on confirmed signals
  • All parameters grouped into labelled sections for easy configuration
  • Compatible with all XAUUSD brokers on MetaTrader 5

Recommended Settings

Recommended M15 timeframes for XAUUSD. The indicator also works on M5, M15 and M30 timeframes.  Apply indicator on the chart wait a minute for indicator to fully loaded and calculated. The included GSI preset file provides a starting configuration optimized for intraday gold scalping. Key parameters to adjust per broker: ATR period and ATR multipliers based on your broker's typical gold spread.

Important Notes

    Past performance shown by the trade analysis overlay is for informational purposes and does not guarantee future results. The indicator is a decision-support tool and does not place trades automatically. Always use proper risk management.
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