Hidden SMT Divergence ICT 01 [TradingFinder] HSMT SMC Technique🔵 Introduction
Hidden SMT Divergence, an advanced concept within the Smart Money Technique (SMT), identifies discrepancies between correlated assets by focusing on their closing prices.
Unlike the standard SMT Divergence, which uses high and low prices for analysis, Hidden SMT Divergence uncovers subtle signals by examining divergences based on the assets' closing values.
These divergences often highlight potential reversals or trend continuations, making this technique a valuable tool for traders aiming to anticipate market movements.
This approach applies across various markets and asset classes, including :
Commodities : CAPITALCOM:GOLD vs. CAPITALCOM:SILVER or BLACKBULL:BRENT vs. BLACKBULL:WTI .
Indices : NASDAQ:NDX vs. TVC:SPX vs. FX:US30 .
FOREX : FX:EURUSD vs. OANDA:GBPUSD vs. TVC:DXY (US Dollar Index).
Cryptocurrencies : BITSTAMP:BTCUSD vs. COINBASE:ETHUSD vs. KUCOIN:SOLUSDT vs. CRYPTOCAP:TOTAL3 .
Volatility Measures : FOREXCOM:XAUUSD vs. TVC:VIX (Volatility Index).
By identifying divergences within these asset groups, traders can gain actionable insights into potential market reversals or shifts in trend direction. Hidden SMT Divergence is particularly effective for pinpointing subtle market signals that traditional methods may overlook.
Bullish Hidden SMT Divergence : This divergence emerges when one asset forms a higher low, while the correlated asset creates a lower low in terms of their closing prices. It often signals weakening downward momentum and a potential reversal to the upside.
Bearish Hidden SMT Divergence : This occurs when one asset establishes a higher high, while the correlated asset forms a lower high based on their closing prices. It typically reflects declining upward momentum and a probable shift to the downside.
🔵 How to Use
The Hidden SMT Divergence indicator provides traders with a systematic approach to identify market reversals or trend continuations through divergences in closing prices between two correlated assets.
🟣 Bullish Hidden SMT Divergence
Bullish Hidden SMT Divergence occurs when the closing price of the primary asset forms a higher low, while the correlated asset creates a lower low. This pattern indicates weakening downward momentum and signals a potential reversal to the upside.
After identifying the divergence, confirm it using additional tools like support levels, volume trends, or indicators such as RSI and MACD. Enter a buy position as the price shows signs of reversal near support zones, ensuring proper risk management by placing a stop-loss below the support level.
Bearish Hidden SMT Divergence
Bearish Hidden SMT Divergence is identified when the closing price of the primary asset forms a higher high, while the correlated asset creates a lower high. This divergence suggests a weakening uptrend and a likely reversal to the downside.
Validate the signal by examining resistance levels, declining volume, or complementary indicators. Consider entering a sell position as the price starts declining from resistance levels, and set a stop-loss above the resistance zone to limit potential losses.
🔵 Setting
Second Symbol : Select the secondary asset to compare with the primary asset. By default, "XAUUSD" (Gold) is used, but it can be customized to any stock, cryptocurrency, or currency pair.
Divergence Fractal Periods : Defines the number of past candles considered for identifying divergences. The default value is 2, but traders can adjust it for greater precision.
Bullish Divergence Line : Displays a dashed line connecting the points of bullish divergence.
Bearish Divergence Line : Shows a similar line for bearish divergence points.
Bullish Divergence Label : Marks areas of bullish divergence with a "+SMT" label.
Bearish Divergence Label : Highlights bearish divergences with a "-SMT" label.
Chart Type : Choose between Line or Candle charts for enhanced visualization.
🔵 Conclusion
Hidden SMT Divergence offers traders a refined method for identifying market reversals by analyzing closing price discrepancies between correlated assets. Its ability to uncover subtle divergences makes it an essential tool for traders who aim to stay ahead of market trends.
By integrating this technique with other technical analysis tools and sound risk management, traders can enhance their decision-making process and capitalize on market opportunities with greater confidence.
Hidden SMT Divergence’s focus on closing prices ensures more precise signals, helping traders refine their strategies across various markets, including Forex, commodities, indices, and cryptocurrencies.
Its open-source nature allows for customization and verification, providing transparency and flexibility to suit diverse trading needs. Hidden SMT Divergence stands as a powerful addition to the arsenal of any trader seeking to unlock hidden opportunities in dynamic financial markets.
In den Scripts nach "xauusd黄金实时价格" suchen
SMT Divergence ICT 01 [TradingFinder] Smart Money Technique🔵 Introduction
SMT Divergence (short for Smart Money Technique Divergence) is a trading technique in the ICT Concepts methodology that focuses on identifying divergences between two positively correlated assets in financial markets.
These divergences occur when two assets that should move in the same direction move in opposite directions. Identifying these divergences can help traders spot potential reversal points and trend changes.
Bullish and Bearish divergences are clearly visible when an asset forms a new high or low, and the correlated asset fails to do so. This technique is applicable in markets like Forex, stocks, and cryptocurrencies, and can be used as a valid signal for deciding when to enter or exit trades.
Bullish SMT Divergence : This type of divergence occurs when one asset forms a higher low while the correlated asset forms a lower low. This divergence is typically a sign of weakness in the downtrend and can act as a signal for a trend reversal to the upside.
Bearish SMT Divergence : This type of divergence occurs when one asset forms a higher high while the correlated asset forms a lower high. This divergence usually indicates weakness in the uptrend and can act as a signal for a trend reversal to the downside.
🔵 How to Use
SMT Divergence is an analytical technique that identifies divergences between two correlated assets in financial markets.
This technique is used when two assets that should move in the same direction move in opposite directions.
Identifying these divergences can help you pinpoint reversal points and trend changes in the market.
🟣 Bullish SMT Divergence
This divergence occurs when one asset forms a higher low while the correlated asset forms a lower low. This divergence indicates weakness in the downtrend and can signal a potential price reversal to the upside.
In this case, when the correlated asset is forming a lower low, and the main asset is moving lower but the correlated asset fails to continue the downward trend, there is a high probability of a trend reversal to the upside.
🟣 Bearish SMT Divergence
Bearish divergence occurs when one asset forms a higher high while the correlated asset forms a lower high. This type of divergence indicates weakness in the uptrend and can signal a potential trend reversal to the downside.
When the correlated asset fails to make a new high, this divergence may be a sign of a trend reversal to the downside.
🟣 Confirming Signals with Correlation
To improve the accuracy of the signals, use assets with strong correlation. Forex pairs like OANDA:EURUSD and OANDA:GBPUSD , or cryptocurrencies like COINBASE:BTCUSD and COINBASE:ETHUSD , or commodities such as gold ( FX:XAUUSD ) and silver ( FX:XAGUSD ) typically have significant correlation. Identifying divergences between these assets can provide a strong signal for a trend change.
🔵 Settings
Second Symbol : This setting allows you to select another asset for comparison with the primary asset. By default, "XAUUSD" (Gold) is set as the second symbol, but you can change it to any currency pair, stock, or cryptocurrency. For example, you can choose currency pairs like EUR/USD or GBP/USD to identify divergences between these two assets.
Divergence Fractal Periods : This parameter defines the number of past candles to consider when identifying divergences. The default value is 2, but you can change it to suit your preferences. This setting allows you to detect divergences more accurately by selecting a greater number of candles.
Bullish Divergence Line : Displays a line showing bullish divergence from the lows.
Bearish Divergence Line : Displays a line showing bearish divergence from the highs.
Bullish Divergence Label : Displays the "+SMT" label for bullish divergences.
Bearish Divergence Label : Displays the "-SMT" label for bearish divergences.
🔵 Conclusion
SMT Divergence is an effective tool for identifying trend changes and reversal points in financial markets based on identifying divergences between two correlated assets. This technique helps traders receive more accurate signals for market entry and exit by analyzing bullish and bearish divergences.
Identifying these divergences can provide opportunities to capitalize on trend changes in Forex, stocks, and cryptocurrency markets. Using SMT Divergence along with risk management and confirming signals with other technical analysis tools can improve the accuracy of trading decisions and reduce risks from sudden market changes.
MERCURY by DrAbhiramSivprasad"MERCURY by DrAbhiramSivprasad"
Developed from over 10 years of personal trading experience, the Mercury Indicator is a strategic tool designed to enhance accuracy in trading decisions. Think of it as a guiding light—a supportive tool that helps traders refine and build more robust strategies by integrating multiple powerful elements into a single indicator. I’ll be sharing some examples to illustrate how I use this indicator in my own trading journey, highlighting its potential to improve strategy accuracy.
Reason behind the combination of emas , cpr and vwap is it provides very good support and resistance in my trading carrier so now i brought them together in one plate
How It Works:
Mercury combines three essential elements—EMA, VWAP, and CPR—each of which plays a vital role in detecting support and resistance:
Exponential Moving Averages (EMAs): Known for their strength in providing dynamic support and resistance levels, EMAs help in identifying trends and shifts in momentum. This indicator includes a dashboard with up to nine customizable EMAs, showing whether each is acting as support or resistance based on real-time price movement.
Volume Weighted Average Price (VWAP): VWAP also provides valuable support and resistance, often regarded as a fair price level by institutional traders. Paired with EMAs, it forms a dual-layered support/resistance system, adding an additional level of confirmation.
Central Pivot Range (CPR): By combining CPR with EMAs and VWAP, Mercury highlights “traffic blocks” in your target journey. This means it identifies zones where price is likely to stall or reverse, providing additional guidance for navigating entries and exits.
Why This Combination Matters:
Using these three tools together gives you a more complete view of the market. VWAP and EMAs offer dynamic trend direction and support/resistance, while CPR pinpoints critical price zones. This combination helps you find high-probability trades, adding clarity to complex market situations and enabling stronger confirmation on trend or reversal decisions.
How to Use:
Trend Confirmation: Check if all EMAs are aligned (green for uptrend, red for downtrend), which is visible in the EMA dashboard. An alignment across VWAP, CPR, and EMAs signifies high confidence in trend direction.
Breakouts & Breakdowns: Mercury has an alert system to signal when a price breakout or breakdown occurs across VWAP, EMA1, and EMA2. This can help in spotting strong directional moves.
Example Application: In my trading, I use Mercury to identify support/resistance zones, confirming trends with EMA/VWAP alignment and using CPR as a checkpoint. I find this especially useful for day trading and swing setups.
Recommended Timeframes:
Day Trading: 5 to 15-minute charts for swift, actionable insights.
Swing Trading: 1-hour or 4-hour charts for broader trend analysis.
Note:
The Mercury Indicator should be used as a supportive tool rather than a standalone strategy, guiding you toward informed decisions in line with your trading style and goals.
EXAMPLE OF TRADE
you can see the cart of XAUUSD on 11th nov 2024
1.SHORT POSITION - TIME FRAME 15 MIN
So here for a short position you need to wait for a breakdown candle which will print in orange post the candle you need to check ema dashboard is completly red that indicates no traffic blocks in your journey to destiny target from ema's and you can take the target from nearest cpr support line
TAKEN IN XAUUSD you can see in chart of XAUUSD on 7th nov
2.LONG POSITION - TIME FRAME 15 MIN -
So here for long position you need to wait for a breakout candle from indicator thats here is blue and check all ema boxes are green and candle body should close above all the 3 lines here it is the both ema 1 and 2 and the vwap line then you can take and entry and your target will be the nearest resistance from the daily cpr
3. STOP LOSS CRITERIA
After the entry any candle close below any of the last line from entry for example we have 3 lines vwap and ema 1 and 2 lines and u have made an entry and the last line before the entry is vwap then if any candle closes below vwap can be considered as stoploss like wise in any lines
The MERCURY indicator is a comprehensive trading tool designed to enhance traders' ability to identify trends, breakouts, and reversals effectively. Created by Dr. Abhiram Sivprasad, this indicator integrates several technical elements, including Central Pivot Range (CPR), EMA crossovers, VWAP levels, and a table-based EMA dashboard, to offer a holistic trading view.
Core Components and Functionality:
Central Pivot Range (CPR):
The CPR in MERCURY provides a central pivot level along with Below Central (BC) and Top Central (TC) pivots. These levels act as potential support and resistance, useful for identifying reversal points and zones where price may consolidate.
Exponential Moving Averages (EMAs):
MERCURY includes up to nine EMAs, with a customizable EMA crossover alert system. This feature enables traders to see shifts in trend direction, especially when shorter EMAs cross longer ones.
VWAP (Volume-Weighted Average Price):
VWAP is incorporated as a dynamic support/resistance level and, combined with EMA crossovers, helps refine entry and exit points for higher probability trades.
Breakout and Breakdown Alerts:
MERCURY monitors conditions for upside and downside breakouts. For an upside breakout, all EMAs turn green and a candle closes above VWAP, EMA1, and EMA2. Similarly, all EMAs turning red, combined with a close below VWAP and EMA1/EMA2, signals a downside breakdown. Continuous alerts are available until the trend shifts.
Real-Time EMA Dashboard:
A table displays each EMA’s relative position (Above or Below), helping traders quickly gauge trend direction. Colors in the table adjust to long/short conditions based on EMA alignment.
Usage Recommendations:
Trend Confirmation:
Use the CPR, EMA alignments, and VWAP to confirm uptrends and downtrends. The table highlights trends, making it easy to spot long or short setups at a glance.
Breakout and Breakdown Alerts:
The alert system is customizable for continuous notifications on critical price levels. When all EMAs align in one direction (green for long, red for short) and the close is above or below VWAP and key EMAs, the indicator confirms a breakout/breakdown.
Adaptable for Different Styles:
Day Trading: Traders can set shorter EMAs for quick insights.
Swing Trading: Longer EMAs combined with CPR offer insights into sustained trends.
Recommended Settings:
Timeframes: MERCURY is suitable for timeframes as low as 5 minutes for intraday traders, up to daily charts for trend analysis.
Symbols: Works across forex, stocks, and crypto. Adjust EMA lengths for asset volatility.
Example Strategy:
Long Entry: When the price crosses above CPR and closes above both EMA1 and EMA2.
Short Entry: When the price falls below CPR with a close below both EMA1 and EMA2.
HBK Price Action Strategy HBKPrice Action Strategy for XAUUSD with a Favorable Risk-Reward Ratio
Understanding the Strategy:
This strategy leverages price action principles to identify potential entry and exit points for XAUUSD on a 5-minute timeframe. The core idea is to identify price action patterns that suggest a high probability of a particular direction, and then to set stop-loss and take-profit levels to manage risk and reward.
Key Price Action Patterns to Watch:
Pin Bar: A pin bar is a candlestick with a long wick in one direction and a small body in the opposite direction. It often signals a reversal in the current trend.
Inside Bar: An inside bar forms when the current candle's high is lower than the previous candle's high, and the current candle's low is higher than the previous candle's low. It often indicates indecision or a potential breakout.
Engulfing Pattern: An engulfing pattern occurs when the current candle completely engulfs the previous candle. A bullish engulfing pattern signals a potential uptrend, while a bearish engulfing pattern signals a potential downtrend.
Risk-Reward Ratio:
A favorable risk-reward ratio is crucial for long-term trading success. Aim for a minimum risk-reward ratio of 1:2, meaning you risk $1 to potentially gain $2.
Entry and Exit Signals:
Long Entry:
Identify a bullish pin bar or engulfing pattern.
Wait for a confirmation candle to close above the pin bar's high or the engulfing pattern's high.
Place a stop-loss below the recent swing low.
Set a take-profit target at a key resistance level or a multiple of the stop-loss distance.
Short Entry:
Identify a bearish pin bar or engulfing pattern.
Wait for a confirmation candle to close below the pin bar's low or the engulfing pattern's low.
Place a stop-loss above the recent swing high.
Set a take-profit target at a key support level or a multiple of the stop-loss distance.
Additional Tips:
Use Support and Resistance Levels: Identify key support and resistance levels to set your stop-loss and take-profit targets.
Consider Market Sentiment: Pay attention to market sentiment and news events that may impact gold prices.
Manage Risk: Always use stop-loss orders to limit potential losses.
Be Patient: Don't force trades. Wait for high-probability setups.
Practice Discipline: Stick to your trading plan and avoid impulsive decisions.
Remember:
Price action trading requires practice and patience.
Backtest your strategy on historical data to refine your approach.
Always adapt to changing market conditions.
By following these guidelines and practicing disciplined risk management, you can increase your chances of success in trading XAUUSD on a 5-minute timeframe.
Every $5 (3 Up, 3 Down) GOLD onlyDescription :
This indicator plots customizable horizontal lines spaced every $5 on the XAUUSD chart, with exactly 3 lines above and 3 lines below the nearest $5 level from the current price.
Key Features :
Line Spacing: The lines are plotted at $5 intervals starting from the nearest whole $5 price below the current price (e.g., $1900, $1905, etc.).
Customizable Line Color : Users can select the color of the lines via the indicator settings, making it adaptable to different chart themes and styles.
Customizable Line Style : The indicator allows you to choose from the following line styles:
Solid : Continuous line.
Dashed: Dashed line for a more discrete visual.
Dotted: Dotted line for minimalistic visibility.
Visibility Control : The indicator limits the number of lines to 3 above and 3 below the current price, keeping the chart clean and uncluttered while providing key levels of interest.
Use Cases :
Support and Resistance Identification: Easily spot key psychological levels in $5 increments, useful for identifying potential support or resistance zones in XAUUSD trading.
Price Action Monitoring : Traders can visually track how XAUUSD interacts with specific price levels spaced by $5 increments.
Customization Options :
Color Selection: Modify the line color to match your chart theme or highlight important levels.
Line Style: Select between solid, dashed, or dotted lines to customize the look of your chart.
This indicator is ideal for XAUUSD traders looking for clear, customizable visual levels on their charts to aid in decision-making, whether you're tracking price action or setting targets for entry and exit.
SD Distance Mean BetaThe "SD Distance Mean Indicator" is a currently a developing tool designed to enhance trading precision by dynamically adjusting to market conditions. This indicator provides insights into price deviations from the mean, helping traders make inf OANDA:XAUUSD ormed decisions based on significant price movements.
Key Features:
Adaptive Length Adjustment:
The indicator dynamically adjusts the calculation period based on the Average True Range (ATR). This allows it to respond to different market conditions, using a shorter length during consolidations and a longer length during trends.
Standardized Distance Calculation:
The indicator calculates the distance of the current price from the mean and standardizes it using the standard deviation. This standardized distance is then smoothed to reduce noise and provide clearer signals.
Dynamic Standard Deviation (SD) Levels:
SD levels are adjusted dynamically based on ATR, providing a more accurate representation of price volatility. These levels are further smoothed to minimize wiggling on shorter timeframes like the 30-minute chart.
Visual Cues for Trading Signals:
The indicator plots multiple SD levels (+1, +2, +3, +4 and their negatives) and highlights significant price movements. When the standardized distance line hits or exceeds these levels, it signals potential overbought or oversold conditions.
Customizable Smoothing: The smoothing length for both the standardized distance and SD levels can be customized to suit different trading strategies and timeframes. Default values are set to provide a balance between responsiveness and stability.
Usage:
Identifying Reversals : The indicator helps in spotting potential reversal points. When the smoothed standardized distance line hits +2 SD or -2 SD and rebounds, it signals a possible price reversal back towards the mean.
Confirming Trends: Dynamic SD levels provide a clear visual representation of price volatility, helping traders confirm trend strength and potential breakout points.
Enhancing Precision: By dynamically adjusting to market conditions, the indicator enhances trading precision, making it suitable for various market environments.
This script is an essential addition to any trader's toolkit, offering a blend of adaptability, precision, and visual clarity to support more informed trading decisions.
Settings:
Short Length: Period length used during consolidations.
Long Length: Period length used during trends.
ATR Length: Length for ATR calculation.
ATR Threshold: Threshold value to switch between short and long lengths.
Smoothing Length: Length for smoothing the standardized distance.
SD Smoothing Length: Length for smoothing the dynamic SD levels.
By using this indicator, traders can leverage its adaptive capabilities to navigate various market conditions effectively and enhance their trading performance on XAUUSD and other assets.
Mexnepal price convert By Np Trader's ProThis indicator converts the trading view price of commodity items to mexnpal price by multiplying the price by its conversion value for eg : it converts price of FXOPEN:XAUUSD (ounce) by multiplying by 32.22 gives value in kg hence it helps to put stoplosses and target points to Nepali traders who trades in mexnepal (commodity trading platform based in Nepal ) . People are selling such indicators to new traders so i decided to publish one for free to help neplese Commodity trading community lets hope trading view moderators approves this.
Features
1. converts price of all mexnepal trading items available in tradingview in real time
2. plots candels according to converted price hence giving better view of price fluxuation
3. All in one tool for all item listed in mex nepal like FXOPEN:XAUUSD FXOPEN:XAGUSD CAPITALCOM:COPPER
TVC:USOIL
ANN GOLD WORLDWIDE This script consists of converting the value of 1 gram and / or 1 ounce of gold according to the national currencies into a system with artificial neural networks.
Why did I feel such a need?
Even though the printed products in the market are digitally circulated, only precious metals are available in full or near full.
Silver is difficult to carry because you have to buy too much because the unit price is low.
Platinum is very difficult to find and used in industry.
Gold is both practical and has less volatile movements, even more balanced than dollars, to preserve the value of money.
Uncertainty and tensions benefit gold.
Obviously this is my own opinion and is not worth the investment advice:
If there is to be an economic crisis, it is obvious that the dollar will rise against the emerging currencies, but I expect a crisis where gold and the dollar will rise together.
The world has been on a mercantilist line more than ever!
Spot gold can be bought from goldsmiths and banks.
I think this command will benefit people everywhere but in economies that are subject to developing currencies.
Now we can look at the details:
All you have to do is load the appropriate chart and select it from the menu.
Thus, the system will adjust itself to that instrument.
MENU and Tickers :
"GOLD" : XAUUSD or GC1! or GOLD (Average error = 0.0128)
"GOLDSILVER" : XAUXAG or GOLDSILVER (Gold Silver Ratio ) ( Average error : 0.01 )
"GOLD CZK " : XAUUSD/USDCZK ( 1 Ounce Gold Czech Koruna) ( Average error = 0.010879 )
"GOLD NZD " : XAUUSD/USDNZD ( 1 Ounce Gold New Zealand Dollar ) (Average error = 0.010736 )
"GOLD EURO" : XAUUSD/USDEUR ( 1 Ounce Gold Euro) ( Average error = 0.010000 )
"GOLD HUF " : XAUUSD/USDHUF ( 1 Ounce Gold Hungarian Forint ) ( Average error = 0.010000 )
"GOLD INR " : XAUUSD/USDINR (1 Ounce Gold Indian Rupee ) (Average error = 0.010458 )
"GOLD DKK" : XAUUSD/USDDKK (1 Ounce Gold Danish Krone) (Average error = 0.010671 )
"GOLD CHF" : XAUUSD/USDCHF (1 Ounce Gold Swiss Franc ) (Average error = 0.010967 )
"GOLD CNH" : XAUUSD/USDCNH(1 Ounce Gold Offshore RMB) (Average error = 0.012017 )
"GOLD MXN" : XAUUSD/USDMXN(1 Ounce Gold Mexican Peso) (Average error = 0.010000 )
"GOLD PLN" : XAUUSD/USDPLN (1 Ounce Gold Polish Zloty ) (Average error = 0.010173 )
"GOLD ZAR" : XAUUSD/USDZAR (1 Ounce Gold South African Rand (Average error = 0.010484 )
"GOLD NOK" : XAUUSD/USDNOK (1 Ounce Gold Norwegian Krone ) (Average error = 0.010842 )
"GOLD TRY" : XAUUSD/USDTRY (1 Ounce Gold Turkish Lira ) (Average error = 0.010000 )
"GOLD THB" : XAUUSD/USDTHB (1 Ounce Gold Thai Baht ) (Average error = 0.011747 )
Important note : XAUUSD/USDCUR = 1 Ounce Gold , XAUUSD/31.1*USDCUR = 1 gram Gold (CUR = Currency )
If you want to physically hold it, look gram value, because as far as I know, all goldsmiths and jewelleries in the world are selling gram gold.
I think that this command is the most useful and the concrete one that I have ever written.
I end my sentences with this anonymous proverb :
"Even if gold falls into the mud, it's still gold ! "
Kalkulator pozycji XAUUSD PLN, 1:500, 1100 to 100 kontaPosition calculator based on the number of pips that you quickly enter from the tool, this device will select the appropriate lot for you and you can quickly take a position
Multi-MA + RSI Pullback Strategy (Jordan)1️⃣ Strategy logic I’ll code
From your screenshots:
Indicators
• EMAs: 600 / 200 / 100 / 50
• RSI: length 6, levels 80 / 20
Rules (simplified so a script can handle them):
• Use a higher-timeframe trend filter (15m or 1h) using the EMAs.
• Take entries on the chart timeframe (you can use 1m or 5m).
• Long:
• Higher-TF trend is up.
• Price is pulling back into a zone (between 50 EMA and 100 EMA on the entry timeframe – this approximates your 50–61% retrace).
• RSI crosses below 20 (oversold).
• Short:
• Higher-TF trend is down.
• Price pulls back between 50 & 100 EMAs.
• RSI crosses above 80 (overbought).
• Exits: ATR-based stop + take-profit with adjustable R:R (2:1 or 3:1).
• Max 4 trades per day.
News filter & “only trade gold” you handle manually (run it on XAUUSD and avoid news times yourself – TradingView can’t read the economic calendar from code).
XAU Micro ScalperThis indicator is designed for short-term price rotation detection on XAUUSD, especially on the 1-minute timeframe.
It combines three momentum components—Stochastic, RSI, and OBV slope—to highlight potential reversal points and short-term scalping opportunities.
Core Logic
The script generates a signal only when multiple conditions align:
1. Stochastic Reversal (Timing Component)
A basic long/short trigger occurs when the Stochastic oscillator exits oversold (long) or overbought (short).
This represents a potential shift in short-term momentum.
2. RSI “Smart Rotation” Filter (Context Component)
Instead of using fixed oversold/overbought thresholds, the indicator checks whether RSI is turning:
Long: RSI is below a contextual ceiling (default 50) and rising
Short: RSI is above a contextual floor (default 55) and falling
This avoids premature entries during strong trending phases and confirms that momentum is actually rotating.
3. OBV Slope Filter (Volume Confirmation)
The On-Balance Volume trend is compared to its previous value:
Long: OBV slope improving
Short: OBV slope deteriorating
This helps confirm whether volume pressure is shifting in favor of the trade direction.
Both RSI and OBV filters can be enabled or disabled independently via the indicator settings.
Signals
Small circles mark raw Stochastic reversal points (unfiltered).
Green / red triangles represent validated long/short signals where all active filters agree.
Optional candle coloring highlights confirmed entry signals on the chart.
Use Cases
Intraday and scalping strategies on XAUUSD
Identifying short-term momentum reversals
Filtering noisy signals during high-volatility sessions
Studying how volume and momentum align around turning points
Customization
Users can adjust:
RSI contextual thresholds
Lookback periods
OBV slope sensitivity
Stochastic parameters
Activation of RSI and OBV filters
This flexibility allows the indicator to adapt to different market conditions and timeframes.
Disclaimer
This indicator does not provide financial advice or guarantee performance.
Always test any strategy on historical data and use proper risk management.
Momentum Candle by DNDFXMomentum Candle v2 is a simple yet powerful indicator designed to detect strong momentum candles based on candle body size and the ratio between the body and total wick.
This indicator is ideal for traders who focus on:
Momentum trading
Breakout strategies
XAUUSD (Gold) scalping
Supply & Demand / Smart Money Concepts (SMC) confirmation
🔧 How the Indicator Works
The indicator analyzes each candle and classifies it as a Bullish Momentum or Bearish Momentum candle when these conditions are met:
✅ The candle body exceeds the minimum size
✅ The total wick is smaller compared to the body
✅ The Body-to-Wick ratio meets the strength filter
Visual signals include:
Green background for bullish momentum
Red background for bearish momentum
Up/Down triangle markers as entry guidance
⚙️ Customizable Parameters
Min Body Size (Points) – Sets the minimum candle body size
Min Body : Wick Ratio – Controls how dominant the body is compared to the wicks
All parameters can be optimized according to your trading style and timeframe.
✅ Best Use Cases
This indicator is useful for:
Breakout confirmation
Momentum validation
Filtering false breakouts
Scalping and intraday trading on XAUUSD
🧠 Trading Tips
For better accuracy, combine this indicator with:
Support & Resistance
Supply & Demand zones
Break of Structure (BOS) / CHoCH
Best performance on M5 – H1 timeframes.
⚠️ DISCLAIMER
This indicator is a supporting tool, not a guaranteed profit system. Always apply proper risk management. You are fully responsible for your trading decisions.
rosha xau-usd 3.1.6 (v6)one of my fresh creations, use to trade profitably, includes months of my analysis and sgreen time for you all xauusd traders
rosha 3.1.6 (v6)ema based for scalping xauusd,good during london and newyork sassions, use withour modifications, dont enter in tranverse markate
Reversal WaveThis is the type of quantitative system that can get you hated on investment forums, now that the Random Walk Theory is back in fashion. The strategy has simple price action rules, zero over-optimization, and is validated by a historical record of nearly a century on both Gold and the S&P 500 index.
Recommended Markets
SPX (Weekly, Monthly)
SPY (Monthly)
Tesla (Weekly)
XAUUSD (Weekly, Monthly)
NVDA (Weekly, Monthly)
Meta (Weekly, Monthly)
GOOG (Weekly, Monthly)
MSFT (Weekly, Monthly)
AAPL (Weekly, Monthly)
System Rules and Parameters
Total capital: $10,000
We will use 10% of the total capital per trade
Commissions will be 0.1% per trade
Condition 1: Previous Bearish Candle (isPrevBearish) (the closing price was lower than the opening price).
Condition 2: Midpoint of the Body The script calculates the exact midpoint of the body of that previous bearish candle.
• Formula: (Previous Open + Previous Close) / 2.
Condition 3: 50% Recovery (longCondition) The current candle must be bullish (green) and, most importantly, its closing price must be above the midpoint calculated in the previous step.
Once these parameters are met, the system executes a long entry and calculates the exit parameters:
Stop Loss (SL): Placed at the low of the candle that generated the entry signal.
Take Profit (TP): Calculated by projecting the risk distance upward.
• Calculation: Entry Price + (Risk * 1).
Risk:Reward Ratio of 1:1.
About the Profit Factor
In my experience, TradingView calculates profits and losses based on the percentage of movement, which can cause returns to not match expectations. This doesn’t significantly affect trending systems, but it can impact systems with a high win rate and a well-defined risk-reward ratio. It only takes one large entry candle that triggers the SL to translate into a major drop in performance.
For example, you might see a system with a 60% win rate and a 1:1 risk-reward ratio generating losses, even though commissions are under control relative to the number of trades.
My recommendation is to manually calculate the performance of systems with a well-defined risk-reward ratio, assuming you will trade using a fixed amount per trade and limit losses to a fixed percentage.
Remember that, even if candles are larger or smaller in size, we can maintain a fixed loss percentage by using leverage (in cases of low volatility) or reducing the capital at risk (when volatility is high).
Implementing leverage or capital reduction based on volatility is something I haven’t been able to incorporate into the code, but it would undoubtedly improve the system’s performance dramatically, as it would fix a consistent loss percentage per trade, preventing losses from fluctuating with volatility swings.
For example, we can maintain a fixed loss percentage when volatility is low by using the following formula:
Leverage = % of SL you’re willing to risk / % volatility from entry point to exit or SL
And if volatility is high and exceeds the fixed percentage we want to expose per trade (if SL is hit), we could reduce the position size.
For example, imagine we only want to risk 15% per SL on Tesla, where volatility is high and would cause a 23.57% loss. In this case, we subtract 23.57% from 15% (the loss percentage we’re willing to accept per trade), then subtract the result from our usual position size.
23.57% - 15% = 8.57%
Suppose I use $200 per trade.
To calculate 8.57% of $200, simply multiply 200 by 8.57/100. This simple calculation shows that 8.57% equals about $17.14 of the $200. Then subtract that value from $200:
$200 - $17.14 = $182.86
In summary, if we reduced the position size to $182.86 (from the usual $200, where we’re willing to lose 15%), no matter whether Tesla moves up or down 23.57%, we would still only gain or lose 15% of the $200, thus respecting our risk management.
Final Notes
The code is extremely simple, and every step of its development is detailed within it.
If you liked this strategy, which complements very well with others I’ve already published, stay tuned. Best regards.
🟡 GOLD 4H HUD v8.9 — Loose ICT OB + Strong/Weak + FVG/HVN/LVNGOLD 4H HUD v8.9 is a clean, structured Smart Money Concepts (SMC)–based analysis tool designed exclusively for XAUUSD on the 4-hour timeframe.
It focuses on the three most important elements for institutional orderflow analysis:
✔ Loose ICT Order Blocks (Demand/Supply)
✔ Fair Value Gaps (FVG)
✔ Volume Profile Zones (HVN/LVN/POC)
The script builds a professional-style HUD that displays the key institutional regions and structural levels that matter most for gold traders.
📌 Key Features
1 — Market Structure Engine (HH/HL & BOS)
The indicator detects:
Minor swing Highs and Lows
Last confirmed HH / HL levels
Break of Structure (BOS) for directional bias
EMA-200 trend filter (UP / DOWN / NEUTRAL)
This gives traders a clean structural read without clutter or noise.
2 — Loose FVG Engine (Tolerance-Based ICT Gaps)
A soft-threshold FVG engine detects “loose” Fair Value Gaps using a 0.1% price tolerance.
This method ensures:
Fewer missed imbalances
Cleaner OB/FVG alignment
Higher accuracy on 4H gold displacement legs
FVGs automatically shift to the right side of the chart for clean visualization.
3 — Order Block Engine (Demand/Supply + Strong/Weak Classification)
A simplified ICT-style OB engine scans the past few candles whenever BOS is detected.
It identifies:
Demand OB during bullish BOS
Supply OB during bearish BOS
Strong OB if fully nested inside an active FVG
Weak OB otherwise
OB boxes include:
Clear color coding (strong vs. weak)
Price range labels inside each box
Automatic right-shift for visual clarity
4 — Volume Profile Engine (POC / HVN / LVN / VAH / VAL)
Based on a rolling window (default 120 bars), the script builds a lightweight volume distribution.
It displays:
POC (Point of Control)
HVN (High Volume Node)
LVN (Low Volume Node)
Value Area High / Low
HVN/LVN zones are shown as right-shifted colored boxes with price labels.
These zones help identify:
Institutional accumulation
Low-liquidity rejection points
Areas where price tends to react strongly
5 — Support / Resistance Mapping
The script automatically generates:
OB-based support/resistance
Swing-high/swing-low levels
HVN/LVN structural levels
These are displayed in the HUD for fast reference.
6 — Professional HUD Panel
A compact, easy-to-read HUD summarizes:
Trend direction
Latest HH/HL
OB ranges (Strong/Weak)
HVN/LVN price zones
POC
Multi-layer support & resistance
This turns the script into a fully functional analysis dashboard.
📌 What This Indicator Is NOT
To avoid misunderstanding:
It does not take entries or generate buy/sell signals
It does not auto-detect CHOCH, MSS, SMT, or sweeps
It is not a trading bot
This tool is designed as an institutional-style map and analysis HUD, not a strategy.
📌 Best Use Case
This indicator is ideal for traders who want to:
Read institutional structure on XAUUSD
Identify clean Demand/Supply zones
Visualize FVG/OB/HVN interactions
Track high-value liquidity levels
Build directional bias on 4H before dropping to execution timeframes
⚠ Important Note
This tool is designed exclusively for the 4H timeframe.
Using it on lower timeframes will display a warning.
🟡 GOLD 4H HUD v12 — Time-Safe Nuclear Edition🟡 GOLD 4H HUD v12 — Time-Safe Nuclear Edition
A full–scale Smart Money Concepts (SMC) analytics engine designed exclusively for XAUUSD on the 4-Hour timeframe.
This script combines market structure, liquidity, displacement, order blocks, imbalance, volume profile, SMT divergence, and institutional behavior modeling into a single unified HUD.
Built with a time-safe architecture, all structural elements (OB/FVG/Sweep) are stored by timestamp to minimize repainting and preserve event integrity.
📌 Core Features (12 Modules + Full HUD)
1 — Market Structure Engine
Automatically detects:
HH / HL / LH / LL
BOS (Break of Structure)
MSS (Market Structure Shift)
CHOCH (Change of Character)
Real swing pivots & trend state
2 — Sweep Engine (Liquidity Grab Detection)
Identifies institutional liquidity grabs:
Break + reclaim of highs/lows
ATR-filtered invalidation
Displacement-backed sweeps
3 — Time-Safe FVG Engine
Detects Bullish/Bearish Fair Value Gaps
ATR-tolerant FVG logic
Automatic right-extension
Auto-delete when filled or invalid
4 — Time-Safe Order Block Engine
Demand & Supply OB detection
Strength classification (Weak vs Strong)
FVG-overlap confirmation
Timestamp-locked (non-repainting)
5 — Volume Profile Engine (HVN / LVN / POC)
Real-time micro-profile:
High Volume Node (HVN)
Low Volume Node (LVN)
Point of Control (POC)
6 — SMT Engine (Gold vs DXY Divergence)
Smart Money Divergence built-in:
Bullish SMT
Bearish SMT
Directional confirmation with zero lag
7 — Displacement Engine
Measures institutional impulse:
Body-based impulse detection
Multi-leg continuation signals
FVG continuation moves
Generates displacement score
8 — Premium / Discount Model
Auto-classifies price into:
Discount (Buy zone)
Premium (Sell zone)
9 — SMC Trend Engine (Score-Based)
Combines 10+ factors:
Structure
FVG
OB power
Displacement
POC positioning
SMT conditions
Outputs:
BULL / BEAR / RANGE
Full scoring system
10 — Institutional Imbalance Model (IMB Engine)
Combines:
PD zones
Sweep direction
Displacement
SMT
OB strength
CHOCH/MSS
A complete institutional bias filter.
11 — Entry Engine (Signal Fusion Model)
Entry conditions fuse:
Sweep
CHOCH
Displacement
OB strength
FVG alignment
SMT confirmation
Also outputs:
Suggested SL/TP
Entry score
12 — Trendline Engine
Auto-draws:
HL → HL bullish trendlines
LH → LH bearish trendlines
+ Full Nuclear HUD
Displays:
Market structure
Trend direction
SMT / CHOCH / MSS
FVG / OB zones
HVN / LVN / POC
Liquidity strength
Entry model
Liquidity Magnet direction
SL/TP map
A complete institutional dashboard in one place.
⚠ Usage Requirement
This script is designed ONLY for the 4H timeframe.
✨ Summary
GOLD 4H HUD v12 — Time-Safe Nuclear Edition
is not just an indicator.
It is a full institutional-grade SMC analysis system, built specifically for Gold.
If you trade XAUUSD on the 4H timeframe —
this is your complete market intelligence HUD
Quicksilver Recovery Overlay [Strict]The Quicksilver Recovery Overlay is a proprietary visual analysis tool designed to identify high-probability reversal points in volatile markets. Originally developed for internal use to stabilize Prop Firm drawdowns, this script translates complex algorithmic logic into simple, actionable visual signals on your chart.
🚫 The Problem:
Most traders lose capital trying to "catch a falling knife." They buy too early during a crash and get liquidated before the reversal happens.
✅ The Solution:
This overlay forces discipline. It will only print a "QS BUY" signal when three specific institutional criteria are met simultaneously. If the setup is not perfect, the chart remains clean, keeping you out of bad trades.
The Logic (The "Triple Confluence" Engine):
Deep Exhaustion: The Stochastic RSI must pierce the extreme oversold zone (< 20), indicating seller exhaustion.
Momentum Crossover: The Fast %K line must cross above the Slow %D line, confirming momentum has shifted.
Heikin Ashi Filter: The current Heikin Ashi candle must be GREEN (Bullish). This filters out "fake" reversals where price is still wicking down.
Features:
Visual Signal Labels: Green "QS BUY" and Red "QS SELL" tags appear directly on the bar.
Zero Repaint Logic: Signals are confirmed on candle close.
Status Dashboard: A built-in monitor in the top right corner confirms the algorithm is active.
Recommended Settings:
Assets: ETHUSD, BTCUSD, XAUUSD (Gold).
Timeframes:
1-Minute: For scalping and drawdown recovery.
15-Minute: For swing trading and trend reversals.
How to Get Access:
This is a Protected Script. Access is granted exclusively to members of the Quicksilver Algo Systems ecosystem.
Get your license key here: whop.com
Risk Disclosure: Trading involves substantial risk. Past performance is not indicative of future results.
Simulated Liquidation Heatmap [QuantAlgo]🟢 Overview
This indicator visualizes where clusters of stop-loss orders and liquidation levels are likely located, displayed as a 'heatmap'. It's based on the concept of market structure liquidity: large groups of stop orders tend to gather around obvious technical levels (like swing highs and lows), and these pools of orders often attract price movement from institutional traders. The indicator uses a fractal-based algorithm to identify these high-probability liquidation zones and displays them as dynamic, color-coded boxes.
The key feature is the thermal color gradient, which indicates the freshness (age) and therefore the relative relevance of the liquidity zone. Hot colors (e.g., Red/Yellow) represent fresh clusters that have just formed, suggesting strong and immediate liquidity interest. Cold colors (e.g., Blue/Purple) represent aged or decaying clusters that are becoming less relevant over time. This visualization allows traders to anticipate potential liquidity sweeps (stop hunts) and understand areas of significant retail and institutional positioning.
🟢 Key Features
1. Liquidity Zone Heatmap
The core function is the identification of swing high and swing low price points using a user-defined Lookback period. These points are where retail traders are statistically most likely to place their stop-loss orders. The indicator simulates the clustering of these orders by drawing a zone (box) around the detected swing point, with the vertical size controlled by the Stop/Liquidation Zone Width (%) setting.
▶ Cluster Lookback: Defines the sensitivity of swing point detection. Lower values detect frequent, minor zones (scalping/intraday); higher values detect major, stronger swing points (swing trading).
▶ Zone Width (%): Sets the percentage range above and below the swing point where stops are simulated to cluster, accounting for slippage and typical stop placement spread.
▶ Liquidity Decay: Zones gradually fade in color intensity and are eventually removed after the user-defined Liquidity Decay Period (Bars), ensuring the heatmap only displays relevant, current liquidity areas.
▶ Round Number Filter: An optional filter that limits the display to liquidity zones occurring only at psychologically significant round numbers (e.g., $100, $1,500.00), which typically attract higher concentrations of orders.
2. Thermal Color Gradient
The heatmap's color is a direct function of the zone's age, providing a visual proxy for immediate relevance.
▶ Freshness: Newly created zones are displayed in the Hot Color (high relevance).
▶ Decay: As bars pass, the zone color transitions along the gradient toward the Cold Color and increased transparency (lower relevance), until it is removed entirely.
▶ Color Schemes: Multiple pre-configured and custom color schemes are available to optimize the visualization for different chart themes and color preferences.
3. Liquidity Heat Thermometer
An optional visual thermometer is displayed on the chart to provide an instant, overall assessment of the current liquidation heat level in the immediate vicinity of the price.
▶ Calculation: The thermometer calculates an aggregate heat score based on the age and proximity of all liquidity zones within a user-defined Zone Detection Range (%) of the current price.
▶ Visual Feedback: A marker (triangle) points to the corresponding level on the thermometer's color gradient (Hot to Cold). A high reading indicates price is close to fresh, dense stop clusters, suggesting high volatility or an imminent liquidity sweep is probable. A low reading indicates price is in a low-density or aged liquidity area.
▶ Customization: The thermometer's resolution, position, and text size are fully customizable for optimal chart placement and readability.
🟢 Practical Applications
▶ Anticipate Sweeps: Prioritize trading in the direction of Hot (fresh) liquidity zones. For example, a hot low-side zone suggests strong sell-side liquidity (stop-losses) is available for large buyers to sweep.
▶ Filter Noise: Use the Round Number Filter to focus only on the highest probability liquidation zones, which are often at clean, psychological price levels.
▶ Validate Entries: Combine the Heat Thermometer with price action analysis. A rising heat level indicates increasing proximity to a major stop cluster, signaling a potential turn or an aggressive market move to sweep those stops.
▶ Risk Management: Understand that price often acts dynamically around these zones. High heat levels imply high risk/reward setups; stops should be placed strategically beyond the defined Liquidation Zone Width.
▶ Multi-Timeframe Context: Higher timeframes (e.g., Daily, 4-Hour) often reveal more significant, major liquidity zones. Use this indicator on lower timeframes (e.g., 5-min, 15-min) for execution, but prioritize zones that align with higher-timeframe structures.
Quantrader📊 Overview
This custom indicator combines intraday session analysis with multi-timeframe trend confirmation to identify high-probability trading opportunities. It features:
Custom intraday session tracking (GMT+7 timezone)
Multi-level moving average confluence (SMA 20, 100, 200)
Bollinger Bands mean reversion signals
Key intraday reference levels
⚙️ Core Components
1. Custom Intraday Session Tracking
Session Start: 7:00 AM GMT+7 (Vietnamese market open)
Calculates per session:
Intraday High/Low (resets at 7:00 AM daily)
Intraday Midline = (Session High + Session Low) / 2
Pre-Day Center = Previous day's midline (carried forward)
Open Day = First 15-minute candle's open price
2. Trend Analysis Framework
SMA 20 (Short-term momentum)
SMA 100 (Medium-term trend)
SMA 200 (Long-term trend direction)
Bollinger Bands (20-period, 2 standard deviations)
3. Signal Detection Logic
Bullish Mean Reversion Setup:
javascript
Condition 1: Green candle closes ABOVE Upper Bollinger Band
Condition 2: Following candle is ALSO green
→ Triggers: Green highlight + Triangle below bar
Bearish Mean Reversion Setup:
javascript
Condition 1: Red candle closes BELOW Lower Bollinger Band
Condition 2: Following candle is ALSO red
→ Triggers: Red highlight + Triangle above bar
🎯 Visual Elements
Element Color Description
Intraday Midline Blue Real-time session midpoint
Pre-Day Center Yellow Yesterday's midline (reference)
Open Day Purple (dashed) Day's opening price
SMA 20 Red Short-term trend
SMA 100 Green Medium-term trend
SMA 200 Orange Long-term trend
Bollinger Bands Red/Green/Blue Volatility boundaries
Bull Signal Green triangle ↓ Oversold bounce potential
Bear Signal Red triangle ↑ Overbought rejection potential
📈 Trading Applications
1. Trend Confirmation
Bullish Alignment: Price > All SMAs + Above Intraday Midline
Bearish Alignment: Price < All SMAs + Below Intraday Midline
2. Mean Reversion Opportunities
Overbought Scenario: Consecutive green candles above Upper BB → Potential reversal
Oversold Scenario: Consecutive red candles below Lower BB → Potential bounce
3. Intraday Level Trading
Intraday Midline: Dynamic support/resistance
Pre-Day Center: Psychological reference level
Open Day: Key opening price level
⚡ Key Features
Automatic Session Reset: Daily at 7:00 AM GMT+7
Multi-Timeframe Confluence: Combines intraday, daily, and trend analysis
Clean Visual Design: Non-cluttered, focused on key levels
Real-Time Calculation: All levels update with each new candle
🛠️ Recommended Settings
Timeframe: 15-minute to 1-hour charts
Markets: Forex, Indices, Commodities
Best Pairs: EURUSD, XAUUSD, VN30, USDJPY
Trading Style: Swing trading, Day trading
📖 Usage Tips
Trend Trading: Enter in direction of SMA alignment (20 > 100 > 200 for bullish)
Mean Reversion: Use BB signals at key intraday levels (Midline, Pre-Day Center)
Confirmation: Wait for candle close above/below key levels
Risk Management: Place stops beyond opposite intraday extreme
🎨 Customization Options
Users can modify:
Session start time (line 6)
Bollinger Band parameters (length, multiplier)
SMA periods
Color schemes
BTC / XAU Calculator/Hesaplayıcı
USER GUIDE
BTC/XAU Calculator is a table-based indicator that displays Bitcoin price, Gold price (XAU/USD), and the BTC/XAU ratio simultaneously. It pulls real-time market data and calculates values based on your manual inputs.
⸻
Features
• Automatically fetches live BTCUSD and XAUUSD prices.
• Supports two-way manual calculations:
• BTC price → Ratio calculation
• Ratio → BTC price calculation
• Clear table layout showing Market vs Calculated values.
• Compatible with Binance, OANDA, and all brokers.
⸻
1. Settings
Gold Price (XAU/USD)
• When “Use live XAU price” is enabled, the indicator uses real-time XAU/USD.
• If disabled, you can enter your own gold price manually.
⸻
2. Calculation Modes
A) Calculate BTC from Ratio
BTC = Ratio × Gold price
Example:
XAU = 4200
Ratio = 19.08
→ BTC = 4200 × 19.08 = 80,136 USD
⸻
B) Calculate Ratio from BTC
Ratio = BTC price ÷ Gold price
Example:
BTC = 90,000
XAU = 4250
→ Ratio = 90,000 / 4,250 = 21.18
3. Suggested Uses
• Evaluate BTC as cheap/expensive relative to gold
• BTC target projections based on gold
• Macro hedge and correlation analysis
• BTC/XAU ratio-based scenario modeling
⸻
Notes
• This indicator does not generate trading signals.
• It is intended for numerical comparison and scenario building only.
Source: The design and calculation logic of this indicator were created in collaboration with OpenAI’s ChatGPT model.
Gold AI RSI Monitor [Stacked + KNN]Here is a comprehensive description and user guide for the Gold AI RSI Monitor. You can copy and paste this into the "Description" field if you publish the script on TradingView, or save it for your own reference.
Gold AI RSI Monitor
🚀 Overview
The Gold AI RSI Monitor is a next-generation dashboard designed specifically for trading volatile assets like Gold (XAUUSD). It completely reimagines the traditional RSI by "stacking" 10 different timeframes (from 1-minute to Monthly) into a single, vertical view.
Integrated into this dashboard is a K-Nearest Neighbors (KNN) Machine Learning algorithm. This AI analyzes historical price action to find patterns similar to the current market and predicts the next likely move with a confidence score.
📊 Visual Guide: How to Read the Chart
1. The "Stacked" Lanes Instead of switching timeframes constantly, this indicator displays them all at once using vertical offsets.
Bottom Lane (0-100): 1-Minute RSI
Middle Lanes: 5m, 15m, 30m, 1H, 2H, 4H, Daily
Top Lane (900-1000): Monthly RSI
2. Gradient Color System The RSI lines change color based on momentum strength:
🔴 Red: Oversold / Bearish (Approaching 30 or lower)
🟡 Yellow: Neutral (Around 50)
🟢 Green: Overbought / Bullish (Approaching 70 or higher)
3. Tracker Lines Each timeframe has a dotted horizontal line extending to the right. This allows you to instantly see the exact RSI value for every timeframe without squinting.
🤖 The AI Engine (KNN)
The "AI" component uses a K-Nearest Neighbors algorithm.
Learning: It scans the last 1,000 bars of history.
Matching: It finds the 5 historical moments that look mathematically identical to the current market conditions (based on RSI and Volatility).
Predicting: It checks if price went UP or DOWN after those historical matches.
The Signals:
Buying Signal: If the majority of historical matches resulted in a price increase, the AI triggers a BUY.
Selling Signal: If the majority resulted in a drop, the AI triggers a SELL.
🎯 How to Trade with This Indicator
1. The "Crosshair" Signal
When the AI detects a high-probability setup, a massive Crosshair appears on your chart:
Green Crosshair: Strong BUY signal.
Red Crosshair: Strong SELL signal.
Note: The crosshair consists of a thick vertical line and a dashed horizontal line intersecting at the signal candle.
2. Timeframe Alignment (Confluence)
Do not rely on the AI alone. Look at the stacked RSIs:
Strong Long: The AI shows a Green Crosshair AND the lower timeframes (1m, 5m, 15m) are all turning Green/upward.
Strong Short: The AI shows a Red Crosshair AND the lower timeframes are turning Red/downward.
3. Support & Resistance Zones
Bottom Dotted Line (30): Support. If RSI hits this and turns up, it's a buying opportunity.
Top Dotted Line (70): Resistance. If RSI hits this and turns down, it's a selling opportunity.
⚙️ Settings Guide
RSI Length: Default is 14. Lower (e.g., 7) makes it faster/choppier; higher (e.g., 21) makes it smoother.
Enable AI Signals: Toggles the KNN calculation on/off.
Neighbors (K): How many historical matches to check. Default is 5.
Increase to 9-10 for fewer, more conservative signals.
Decrease to 3 for faster, more aggressive signals.
AI Timeframe: CRITICAL SETTING.
If left empty, the AI calculates based on your current chart.
Recommendation: For Gold scalping, set this to 15m or 1h. This ensures the AI looks at the bigger trend even if you are zooming in on the 1-minute chart.
⚠️ Disclaimer
This tool is for educational and analytical purposes. The "AI" is a statistical probability algorithm based on past performance, which is not indicative of future results. Always manage your risk.
