OPEN-SOURCE SCRIPT

Gold Trend Signal Indicator

1 398
📋 Trading Rules (For XAUUSD M10 Chart)

1. Entry Rules

Long Entry: Enter a long position immediately when the green LONG label appears (20EMA crosses above 50EMA, uptrend confirmed).

Short Entry: Enter a short position immediately when the red SHORT label appears (20EMA crosses below 50EMA, downtrend confirmed).

2. Stop-Loss Rules

Long Stop-Loss: Place stop-loss order below the 50EMA line (adjust based on your risk tolerance, e.g., 0.5-1% below the line).

Short Stop-Loss: Place stop-loss order above the 50EMA line (adjust based on your risk tolerance, e.g., 0.5-1% above the line).

3. Take-Profit Rules (Optional)

Long Take-Profit: Set take-profit at 1.5-2x your risk (e.g., if you risk $100, target $150-$200 profit) or exit when 20EMA crosses back below 50EMA.
Short Take-Profit: Set take-profit at 1.5-2x your risk or exit when 20EMA crosses back above 50EMA.

4. Parameter Adjustment (Optional)
More Frequent Signals: Change Fast EMA Period to 10, Slow EMA Period to 30.
More Reliable (Less Frequent) Signals: Change Fast EMA Period to 50, Slow EMA Period to 100

Clear Visualization: Blue 20EMA, orange 50EMA, green LONG labels, red SHORT labels, and trend background color for instant trend identification.

The indicator is for reference only. The market may experience drastic changes at any time due to news events. When genuine trading opportunities arise in the market, I will also send you accurate trading signals for reference.

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.