PROTECTED SOURCE SCRIPT
XAUUSD - Scalping [ChartCode]

📈 HOW TO TRADE
*XAUUSD – Scalping [ChartCode]*
This is a **rule-based intraday scalping system** built on:
* Trend + Correlation
* VWAP positioning
* Institutional candles
* Volume confirmation
Best for **XAUUSD (Gold)** on **M5 / M15**.
---
⏰ BEST TRADING SESSIONS
Trade ONLY during **high-liquidity hours**:
* **London Session**
* **New York Session**
❌ Avoid Asian session (low volatility for Gold)
---
🟢 BUY (LONG) SETUP
You buy **ONLY when ALL conditions align**:
1️⃣ Trend Confirmation (Top Label)
* Label shows: **BULLISH (CONFIRMED)**
* Meaning:
* Price > EMA 20 > EMA 50
* DXY is weak (Dollar falling)
2️⃣ VWAP Position
* Price is **above VWAP**
* VWAP acting as **support**
3️⃣ EMA Alignment
* EMA 9 > EMA 20 > EMA 50
* Clean bullish structure (no crossing mess)
4️⃣ Institutional Candle (Yellow Border)
* Bullish candle
* Appears near:
* VWAP
* EMA 20 / EMA 50
* Shows **smart money entry**
5️⃣ Volume Confirmation
* Blue background appears
* Means **above-average volume**
6️⃣ Correlation Filter
* Correlation label is **negative**
* Ideally: `Corr < -0.3`
* Confirms **Gold ↑ when DXY ↓**
---
🔔 ENTRY
* Enter **BUY at candle close**
* Or on **VWAP retest dot (green circle)**
---
🛑 STOP LOSS
* Below:
* VWAP **OR**
* Institutional candle low
* Typical SL: **5–8 points (Gold scalping)**
---
🎯 TARGET
* First target: **+1R**
* Second target:
* Previous high
* Or trail using EMA 9
---
🔴 SELL (SHORT) SETUP
Exact opposite rules 👇
Conditions:
* **BEARISH (CONFIRMED)** label
* Price **below VWAP**
* EMA 9 < EMA 20 < EMA 50
* Bearish institutional candle
* High volume (blue background)
* Correlation negative
* Red triangle or VWAP retest dot
---
🛑 STOP LOSS
* Above VWAP or institutional candle high
---
🎯 TARGET
* Previous low
* Or trail using EMA 9
---
❌ WHEN NOT TO TRADE
* Trend label shows **RANGE / NO CONFIRM**
* Price chopping around VWAP
* Correlation close to `0`
* Low volume (no blue background)
* News time (USD CPI, NFP, FOMC)
---
🧠 RISK MANAGEMENT (VERY IMPORTANT)
* Risk **max 1% per trade**
* Max **2–3 trades per session**
* Skip trades after **2 losses**
---
🔥 PRO TIP (Edge Booster)
Best trades happen when:
* London high or low is broken
* VWAP retest happens with volume
* DXY makes opposite structure
That’s where **institutions step in**.
*XAUUSD – Scalping [ChartCode]*
This is a **rule-based intraday scalping system** built on:
* Trend + Correlation
* VWAP positioning
* Institutional candles
* Volume confirmation
Best for **XAUUSD (Gold)** on **M5 / M15**.
---
⏰ BEST TRADING SESSIONS
Trade ONLY during **high-liquidity hours**:
* **London Session**
* **New York Session**
❌ Avoid Asian session (low volatility for Gold)
---
🟢 BUY (LONG) SETUP
You buy **ONLY when ALL conditions align**:
1️⃣ Trend Confirmation (Top Label)
* Label shows: **BULLISH (CONFIRMED)**
* Meaning:
* Price > EMA 20 > EMA 50
* DXY is weak (Dollar falling)
2️⃣ VWAP Position
* Price is **above VWAP**
* VWAP acting as **support**
3️⃣ EMA Alignment
* EMA 9 > EMA 20 > EMA 50
* Clean bullish structure (no crossing mess)
4️⃣ Institutional Candle (Yellow Border)
* Bullish candle
* Appears near:
* VWAP
* EMA 20 / EMA 50
* Shows **smart money entry**
5️⃣ Volume Confirmation
* Blue background appears
* Means **above-average volume**
6️⃣ Correlation Filter
* Correlation label is **negative**
* Ideally: `Corr < -0.3`
* Confirms **Gold ↑ when DXY ↓**
---
🔔 ENTRY
* Enter **BUY at candle close**
* Or on **VWAP retest dot (green circle)**
---
🛑 STOP LOSS
* Below:
* VWAP **OR**
* Institutional candle low
* Typical SL: **5–8 points (Gold scalping)**
---
🎯 TARGET
* First target: **+1R**
* Second target:
* Previous high
* Or trail using EMA 9
---
🔴 SELL (SHORT) SETUP
Exact opposite rules 👇
Conditions:
* **BEARISH (CONFIRMED)** label
* Price **below VWAP**
* EMA 9 < EMA 20 < EMA 50
* Bearish institutional candle
* High volume (blue background)
* Correlation negative
* Red triangle or VWAP retest dot
---
🛑 STOP LOSS
* Above VWAP or institutional candle high
---
🎯 TARGET
* Previous low
* Or trail using EMA 9
---
❌ WHEN NOT TO TRADE
* Trend label shows **RANGE / NO CONFIRM**
* Price chopping around VWAP
* Correlation close to `0`
* Low volume (no blue background)
* News time (USD CPI, NFP, FOMC)
---
🧠 RISK MANAGEMENT (VERY IMPORTANT)
* Risk **max 1% per trade**
* Max **2–3 trades per session**
* Skip trades after **2 losses**
---
🔥 PRO TIP (Edge Booster)
Best trades happen when:
* London high or low is broken
* VWAP retest happens with volume
* DXY makes opposite structure
That’s where **institutions step in**.
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Script protegido
Esse script é publicada como código fechado. No entanto, você pode gerenciar suas escolhas de bate-papo. Por favor, abra suas Configurações do perfil
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.