TradeVector Gold Signals

TradeVector Gold Signals is a free MetaTrader 5 indicator from TradeVector Labs. It finds trend pullback setups on gold (XAUUSD) and shows a complete trade plan on the chart: entry, stop loss and two targets.

What you get

  • Buy and sell arrows - printed only after the bar has closed. Arrows on closed bars do not repaint.
  • Trade plan zones - entry line, stop loss zone (red) and target zone (green) with Target 1 and Target 2, similar to a position tool.
  • Trend dashboard - trend direction on M15, H1 and H4, the last signal, entry, stop loss, targets, ATR and the active market session.
  • Alerts - popup, sound and push notifications to your phone when a new signal appears.
  • Chart theme - optional TradeVector dark theme for a clean chart.

How a signal is formed

  1. Trend - EMA 50 above EMA 200 and rising for buys, below and falling for sells.
  2. Pullback - price returns to the EMA 21 within the last bars.
  3. Confirmation - a strong close back in the trend direction, with RSI on the right side of 50.

The stop loss is placed beyond the recent swing with an ATR buffer. Target 1 and Target 2 are set at 1x and 2x the risk (adjustable).

Inputs

  • Signals - pullback EMA (21), trend EMA (50), slow EMA (200), RSI period (14), ATR period (14), pullback lookback (6), minimum bars between signals (8), stop loss buffer (0.3 x ATR), minimum stop distance (1.0 x ATR), Target 1 (1.0 R), Target 2 (2.0 R).
  • Display - show zones, number of signals with zones, zone length, dashboard on/off and position, TradeVector chart theme.
  • Alerts - popup, push notification, sound.

Built for gold, works on any symbol and timeframe. No DLL, no web requests.

Want it to trade for you?

TradeVector Gold Pro is our fully automated gold Expert Advisor: trend following, a stop loss on every trade, no grid, no martingale, no averaging.
https://www.mql5.com/en/market/product/208541

Questions or feedback? Send me a private message here on MQL5. If the indicator helps you, a short review is much appreciated.

The screenshots show example signals. Not every signal reaches its target. Not financial advice. Trading involves risk.

作者的更多信息
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Bjorn Iain Krister Dickson
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