This indicators is designed based on simple patterns, price movements, and key areas where big players like banks and institutions are likely to buy or sell. I specifically created it to work on the 4-hour timeframe to easily identify the best entry points without overcomplicating my analysis. Once a setup is confirmed on the 4-hour chart, I shift to the 1-minute timeframe for precise trade execution.
I use this indicators exclusively for trading gold (XAUUSD) as it helps me align with the movements of smart money and provides high-probability setups while keeping my trading process simple and stress-free. It allows me to trade with confidence by focusing only on clean and clear signals that match institutional behavior.
For every trade, my Take Profit (TP) is set at 70 pips, with a Break-Even (BE) adjustment at 30 pips to secure profits and protect my capital once the market moves in my favor. This method helps reduce risk while allowing my trades enough room to play out naturally.
However, just like any other strategy or indicator, it does not guarantee a 100% win rate—especially with gold's unpredictable price action. This is why risk management remains crucial in every trade. No matter how perfect a setup may look, protecting your capital should always be the top priority.
Stop Loss Consideration per Session:
During the Asia and London sessions, a 70-pip stop loss is usually enough to handle the normal price movements within these quieter trading hours. These sessions offer safer and more controlled market conditions, making them ideal for traders who prefer less aggressive price action.
However, the New York session is known for its higher volatility and increased trading volume. Based on my observation, a 150-pip stop loss is necessary to withstand sharp price swings and avoid being stopped out prematurely if we decide to trade during this session.
Traders have the flexibility to:
Trade only during the Asia and London sessions for safer setups and more manageable price movements, or Include the New York session if they are comfortable handling the increased volatility and are confident in their risk management plan.
At the end of the day, the key is to stay disciplined, follow your trading plan, and adjust your risk according to the session you’re trading. Patience, consistency, and proper risk management will always play a bigger role than chasing trades.
I use this indicators exclusively for trading gold (XAUUSD) as it helps me align with the movements of smart money and provides high-probability setups while keeping my trading process simple and stress-free. It allows me to trade with confidence by focusing only on clean and clear signals that match institutional behavior.
For every trade, my Take Profit (TP) is set at 70 pips, with a Break-Even (BE) adjustment at 30 pips to secure profits and protect my capital once the market moves in my favor. This method helps reduce risk while allowing my trades enough room to play out naturally.
However, just like any other strategy or indicator, it does not guarantee a 100% win rate—especially with gold's unpredictable price action. This is why risk management remains crucial in every trade. No matter how perfect a setup may look, protecting your capital should always be the top priority.
Stop Loss Consideration per Session:
During the Asia and London sessions, a 70-pip stop loss is usually enough to handle the normal price movements within these quieter trading hours. These sessions offer safer and more controlled market conditions, making them ideal for traders who prefer less aggressive price action.
However, the New York session is known for its higher volatility and increased trading volume. Based on my observation, a 150-pip stop loss is necessary to withstand sharp price swings and avoid being stopped out prematurely if we decide to trade during this session.
Traders have the flexibility to:
Trade only during the Asia and London sessions for safer setups and more manageable price movements, or Include the New York session if they are comfortable handling the increased volatility and are confident in their risk management plan.
At the end of the day, the key is to stay disciplined, follow your trading plan, and adjust your risk according to the session you’re trading. Patience, consistency, and proper risk management will always play a bigger role than chasing trades.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.