OPEN-SOURCE SCRIPT
Gold Smart Scalper V3 - Clean Chart
Overview
The Gold Smart Scalper V3 is a trend-following momentum strategy specifically optimized for XAU/USD (Gold). It focuses on catching "value pullbacks" within a strong trend, avoiding the noise of sideways markets. Unlike many scalpers that use lagging indicators for exits, this version uses fixed ATR-based targets to lock in profits during high-volatility moves common in Gold.
Core Methodology
The strategy operates on three layers of confirmation:
Macro Trend (HTF Filter): Uses a 50-period EMA to ensure trades are only taken in the direction of the higher-timeframe momentum.
The Value Zone: Instead of "chasing" green or red candles, the script waits for a pullback to the space between the 9 EMA and 21 EMA. This ensures a better risk-to-reward entry point.
The Trigger: A trade is only executed when price confirms the resumption of the trend by crossing back over the signal EMA after the pullback.
Key Features
Fixed Profit Targets: Replaced dynamic trailing stops with fixed Take Profit (TP) and Stop Loss (SL) levels based on ATR, ensuring exits aren't "hunted" by Gold's signature volatility spikes.
Clean Chart Interface: All moving average plots are hidden. The only visuals provided are the active TP/SL levels when a trade is live, keeping your workspace clutter-free.
Single-Trade Logic: The script includes a "One Trade Per Cross" gate, preventing the strategy from over-trading or "stacking" positions during choppy price action.
Settings & OptimizationATR Multipliers:
Stop Loss (SL): Default $2.0 \times ATR$. Protects against standard market noise.Take Profit (TP): Default $3.0 \times ATR$. Designed for a high Risk/Reward profile.Timeframe Recommendation: Optimized for 15m and 1H for swing scalping, or 5m for aggressive scalping.Instrument: Specifically tuned for Gold (XAU/USD), but applicable to other high-volatility pairs like GBP/JPY or NASDAQ.
Disclaimer
This script is for educational and backtesting purposes only. Past performance does not guarantee future results. Always practice proper risk management.
The Gold Smart Scalper V3 is a trend-following momentum strategy specifically optimized for XAU/USD (Gold). It focuses on catching "value pullbacks" within a strong trend, avoiding the noise of sideways markets. Unlike many scalpers that use lagging indicators for exits, this version uses fixed ATR-based targets to lock in profits during high-volatility moves common in Gold.
Core Methodology
The strategy operates on three layers of confirmation:
Macro Trend (HTF Filter): Uses a 50-period EMA to ensure trades are only taken in the direction of the higher-timeframe momentum.
The Value Zone: Instead of "chasing" green or red candles, the script waits for a pullback to the space between the 9 EMA and 21 EMA. This ensures a better risk-to-reward entry point.
The Trigger: A trade is only executed when price confirms the resumption of the trend by crossing back over the signal EMA after the pullback.
Key Features
Fixed Profit Targets: Replaced dynamic trailing stops with fixed Take Profit (TP) and Stop Loss (SL) levels based on ATR, ensuring exits aren't "hunted" by Gold's signature volatility spikes.
Clean Chart Interface: All moving average plots are hidden. The only visuals provided are the active TP/SL levels when a trade is live, keeping your workspace clutter-free.
Single-Trade Logic: The script includes a "One Trade Per Cross" gate, preventing the strategy from over-trading or "stacking" positions during choppy price action.
Settings & OptimizationATR Multipliers:
Stop Loss (SL): Default $2.0 \times ATR$. Protects against standard market noise.Take Profit (TP): Default $3.0 \times ATR$. Designed for a high Risk/Reward profile.Timeframe Recommendation: Optimized for 15m and 1H for swing scalping, or 5m for aggressive scalping.Instrument: Specifically tuned for Gold (XAU/USD), but applicable to other high-volatility pairs like GBP/JPY or NASDAQ.
Disclaimer
This script is for educational and backtesting purposes only. Past performance does not guarantee future results. Always practice proper risk management.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.