OPEN-SOURCE SCRIPT
Mismatch Strategy | Madrimov trade
Title
Mismatch Strategy by Madrimov trade – Gold vs DXY Impulse and Compression
Description
Concept
This indicator is based on a cross-market mismatch principle between Gold (XAUUSD) and the US Dollar Index (DXY).
It looks for situations where DXY expands aggressively while Gold temporarily fails to respond, creating a build-up of directional pressure that is often released once Gold breaks its short-term range.
Methodology (High-Level Overview)
The script evaluates three conditions on the same chart timeframe:
DXY Impulse Detection
A directional impulse on DXY is detected when the candle’s range exceeds a multiple of its ATR, indicating unusually strong participation rather than normal fluctuation.
Gold Compression Filter
At the same time, Gold must remain compressed, defined as a candle range significantly smaller than its own ATR.
This represents under-reaction or absorption despite external pressure.
Delayed Breakout Confirmation
Trades are triggered only after the mismatch occurs and Gold subsequently breaks its recent high or low over a configurable lookback period.
This delay avoids chasing impulses and focuses on release after compression.
Why This Is Different
Unlike traditional trend or correlation indicators, this script does not trade direction directly.
Instead, it evaluates effort versus response across two related markets, filtering out low-quality momentum and false breakouts.
The strategy focuses on:
Cross-asset pressure imbalance
Volatility-normalized conditions
Sequential confirmation rather than instant signals
How to Use
Designed primarily for XAUUSD charts
Works best on intraday timeframes (5m–15m)
Signals are strongest when aligned with higher-timeframe bias
Buy and sell signals are plotted directly on candles
Optional RR visualization can be enabled for reference
Limitations
Not predictive; signals are generated after candle close
Performance degrades during extremely low-liquidity or news-driven spikes
Intended as a decision-support tool, not a standalone trading system
Mismatch Strategy by Madrimov trade – Gold vs DXY Impulse and Compression
Description
Concept
This indicator is based on a cross-market mismatch principle between Gold (XAUUSD) and the US Dollar Index (DXY).
It looks for situations where DXY expands aggressively while Gold temporarily fails to respond, creating a build-up of directional pressure that is often released once Gold breaks its short-term range.
Methodology (High-Level Overview)
The script evaluates three conditions on the same chart timeframe:
DXY Impulse Detection
A directional impulse on DXY is detected when the candle’s range exceeds a multiple of its ATR, indicating unusually strong participation rather than normal fluctuation.
Gold Compression Filter
At the same time, Gold must remain compressed, defined as a candle range significantly smaller than its own ATR.
This represents under-reaction or absorption despite external pressure.
Delayed Breakout Confirmation
Trades are triggered only after the mismatch occurs and Gold subsequently breaks its recent high or low over a configurable lookback period.
This delay avoids chasing impulses and focuses on release after compression.
Why This Is Different
Unlike traditional trend or correlation indicators, this script does not trade direction directly.
Instead, it evaluates effort versus response across two related markets, filtering out low-quality momentum and false breakouts.
The strategy focuses on:
Cross-asset pressure imbalance
Volatility-normalized conditions
Sequential confirmation rather than instant signals
How to Use
Designed primarily for XAUUSD charts
Works best on intraday timeframes (5m–15m)
Signals are strongest when aligned with higher-timeframe bias
Buy and sell signals are plotted directly on candles
Optional RR visualization can be enabled for reference
Limitations
Not predictive; signals are generated after candle close
Performance degrades during extremely low-liquidity or news-driven spikes
Intended as a decision-support tool, not a standalone trading system
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Telegram @Madrimov_trade
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Telegram @Madrimov_trade
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.