Gold Signal Indicator for XAUUSD
- Göstergeler
- Sürüm: 1.0
- Etkinleştirmeler: 5
Gold Signal Indicator is a confluence-based signal tool designed
specifically for XAUUSD day traders on the 15 minute to 1 hour timeframes.
Rather than relying on a single condition, it scores each bar across four
independent criteria and only fires a signal when enough align.
HOW SIGNALS ARE SCORED
Every candle is evaluated against four conditions. You control how many
must agree before a signal fires (default is 2 out of 4):
1. EMA CROSSOVER + TREND FILTER
Fast EMA (9) crossing above or below Slow EMA (21), confirmed by
price position relative to the Trend EMA (50). Crossover in the
wrong direction against the trend is ignored.
2. RSI REVERSAL FROM EXTREME
RSI rising from oversold territory below 30 triggers a buy condition.
RSI falling from overbought territory above 70 triggers a sell condition.
Requires momentum to already be turning - not just touching the level.
3. CANDLESTICK PATTERNS
Bullish and bearish engulfing patterns plus hammer and shooting star
pin bars are detected automatically on each bar.
4. SUPPORT AND RESISTANCE BREAKOUT
Swing highs and lows are calculated over the lookback period. A close
near or beyond the swing level counts as a breakout or breakdown condition.
WHAT YOU SEE ON CHART
- Large BUY and SELL arrows at signal bars
- TP dot marker at the calculated take profit price
- SL dot marker at the calculated stop loss price
- Text label showing score (e.g. BUY 3/4) with exact TP and SL prices
- Pop-up alert on the signal bar close
SL AND TP CALCULATION
Stop loss is set at ATR x multiplier below (buy) or above (sell) the entry.
Take profit is set at SL distance x R:R ratio (default 1:2).
Both are fully adjustable through inputs.
SETTINGS OVERVIEW
- EMA periods: Fast, Slow, Trend (default 9 / 21 / 50)
- RSI period and overbought/oversold levels
- ATR period and SL multiplier
- R:R ratio (default 2.0 for 1:2)
- S&R lookback bars and zone tolerance
- Minimum confirmations required to fire signal (1 to 4)
- Labels and alerts toggle
RECOMMENDED SETUP
Symbol: XAUUSD or XAUUSDm
Timeframe: 15M, 30M or 1H
Minimum confirmations: 2 for more signals, 3 for higher quality only
Sessions: London and New York for highest accuracy
