Shorting XAUUSD using 2 new indicators
The short positions I’ve taken on Gold have come solely from my 3 latest indicators:
along with fundamental knowledge of using a momentum strategy.
All three are free to use and MESA is open source for aspiring Pinescripters out there.
The two trades on this idea were taken because 4/4 conditions were met:
*Momentum negative/Reversing
*Trend negative/Reversing
*Volume negative
*Volatility above threshold
- Empirical Suite
- Squeeze Zone
- MESA
along with fundamental knowledge of using a momentum strategy.
All three are free to use and MESA is open source for aspiring Pinescripters out there.
The two trades on this idea were taken because 4/4 conditions were met:
*Momentum negative/Reversing
*Trend negative/Reversing
*Volume negative
*Volatility above threshold
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Algo Trading Simplified 👉 PaxProfits.com
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Related publications
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.