Strategy Logic:* 1. *Trend Filter:* Uses 50/200 EMA crossovers (common for gold trend identification) 2. *Momentum Confirmation:* MACD crossover system with RSI filter 3. *Volatility Breakout:* Entry on 20-period high/low breaks 4. *Risk Management:* 2% stop-loss and 3% take-profit levels
*Key Features:* - Visual EMA trend lines - Dynamic support/resistance levels - Clear buy/sell signals with alerts - Integrated risk management - Works best on 1H-4H timeframes for gold
*Usage Tips:* 1. Apply to XAU/USD charts 2. Best used on 1-hour or 4-hour timeframes 3. Combine with fundamental analysis (USD news, geopolitical events) 4. Adjust stop-loss/take-profit based on volatility (use ATR as reference)
*Optimization Suggestions:* - Test different EMA combinations (e.g., 100/200) - Adjust RSI thresholds based on gold's current volatility - Modify lookback period for support/resistance levels - Experiment with different timeframes (works best 1H-4H)
Remember to: - Always forward-test with small positions first - Adjust parameters during different market regimes - Combine with gold-specific news analysis - Monitor USD strength and real yields correlation