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M5 Gold scalping indicator

M5 gold scalping indicator is an arrow indicator that shows reversal points on the chart. It does not repaint! Designed for scalping on gold (XAUUSD), but can also work on other currency pairs. On average, about 87% of signals indicate the precise direction of price movement, and approximately 9% of signals show the correct direction of price but at the end of its impulse. As an additional filter to get even more accurate signals, it is recommended to use any trending indicator (moving average, iSAR, or others).

Advantages of the M5 gold scalping indicator:

  • Does not repaint values.
  • Designed for XAUUSD.
  • Works on the M1, M5 timeframes.
  • Very easy to set up.
  • Signal accuracy up to 87% on XAUUSD.

M5 gold scalping indicator settings:

  • Period: Averaging period.
  • Long_period: Analysis of long trend waves.
  • Filter: Filter for false signals.
  • Bars: Number of bars to display signals.
  • PushAndEmail: Signal notification on the phone.
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