OPEN-SOURCE SCRIPT
XAUUSD M5 Hybrid EMA 9/15 (Partial TP + Runner)
This strategy is designed specifically for Gold (XAUUSD) on the 5-minute timeframe, combining trend-following EMAs with rejection-based entries and a dual take-profit system to balance consistency and high-reward opportunities.
⚙️ Strategy Logic
The system uses a 9 EMA and 15 EMA crossover to define short-term trend direction, combined with 15-minute higher timeframe confirmation to filter out low-probability trades.
Buy Conditions:
9 EMA above 15 EMA (M5)
9 EMA above 15 EMA (M15 confirmation)
Strong bullish rejection candle (long lower wick + bullish close)
Sell Conditions:
15 EMA above 9 EMA (M5)
15 EMA above 9 EMA (M15 confirmation)
Strong bearish rejection candle (long upper wick + bearish close)
💰 Trade Management (Key Edge)
Each trade is split into two parts:
TP1 (Partial Close – 50%)
Fixed at ~10 pips (1.0 gold point)
Locks in consistent profits
TP2 (Runner – 50%)
Targets ~50 pips (5.0 gold points)
Includes trailing stop to capture extended moves
Stop Loss
Based on EMA structure with buffer
Dynamic and adaptive to market conditions
🎯 Strategy Objective
This hybrid model is designed to:
Generate frequent small wins
Capture larger trend moves when they occur
Reduce drawdown through partial profit-taking
📊 Best Use Case
Instrument: XAUUSD (Gold)
Timeframe: 5 Minutes
Sessions: London & New York
Market Type: Trending / Volatile conditions
⚠️ Important Notes
This is not a guaranteed high win-rate system
Performance depends heavily on:
Market volatility
Session timing
Spread and execution quality
Backtesting and forward testing are strongly recommended before live use.
🚀 Summary
This strategy combines:
Trend alignment
Price action confirmation
Smart trade management
To create a balanced system between consistency and high-reward trades, making it suitable for disciplined intraday traders.
⚙️ Strategy Logic
The system uses a 9 EMA and 15 EMA crossover to define short-term trend direction, combined with 15-minute higher timeframe confirmation to filter out low-probability trades.
Buy Conditions:
9 EMA above 15 EMA (M5)
9 EMA above 15 EMA (M15 confirmation)
Strong bullish rejection candle (long lower wick + bullish close)
Sell Conditions:
15 EMA above 9 EMA (M5)
15 EMA above 9 EMA (M15 confirmation)
Strong bearish rejection candle (long upper wick + bearish close)
💰 Trade Management (Key Edge)
Each trade is split into two parts:
TP1 (Partial Close – 50%)
Fixed at ~10 pips (1.0 gold point)
Locks in consistent profits
TP2 (Runner – 50%)
Targets ~50 pips (5.0 gold points)
Includes trailing stop to capture extended moves
Stop Loss
Based on EMA structure with buffer
Dynamic and adaptive to market conditions
🎯 Strategy Objective
This hybrid model is designed to:
Generate frequent small wins
Capture larger trend moves when they occur
Reduce drawdown through partial profit-taking
📊 Best Use Case
Instrument: XAUUSD (Gold)
Timeframe: 5 Minutes
Sessions: London & New York
Market Type: Trending / Volatile conditions
⚠️ Important Notes
This is not a guaranteed high win-rate system
Performance depends heavily on:
Market volatility
Session timing
Spread and execution quality
Backtesting and forward testing are strongly recommended before live use.
🚀 Summary
This strategy combines:
Trend alignment
Price action confirmation
Smart trade management
To create a balanced system between consistency and high-reward trades, making it suitable for disciplined intraday traders.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.