PROTECTED SOURCE SCRIPT
Gold Dipper
Description: The Gold Dipper is not just a simple EMA crossover; it is a comprehensive trend-following system designed to filter out market noise and capture entries during price retracements.
How the logic works together:
Trend Confirmation: The script utilizes a dual-layered filtering process. It compares the interaction between a fast-response EMA (20) and a baseline EMA (50) to establish the primary trend direction.
Volume/Momentum Filter (The "Dip" Detection): The script identifies a "Dip" by monitoring price action proximity to the baseline. A signal is only triggered when price 'kisses' the EMA 20 zone while the 50 EMA slope remains positive, ensuring we are not catching a falling knife but buying a controlled pullback.
Dynamic Risk Control: Unlike standard static SL/TP, this script calculates exit points based on recent Swing Lows/Highs within a specific look-back period, allowing the stop loss to adapt to current market volatility (ATR-like behavior).
Why this Mashup is Useful: This script solves the "Late Entry" problem common in crossover strategies. By merging trend detection with a precise pullback trigger and dynamic risk levels, it provides a complete trading plan in one tool, reducing the need for multiple cluttered indicators.
How to Use:
Best for XAUUSD on 15M.
Wait for the background/trend color to confirm an uptrend.
Execute when the "Buy" label appears at the touch of the EMA 20 line.
How the logic works together:
Trend Confirmation: The script utilizes a dual-layered filtering process. It compares the interaction between a fast-response EMA (20) and a baseline EMA (50) to establish the primary trend direction.
Volume/Momentum Filter (The "Dip" Detection): The script identifies a "Dip" by monitoring price action proximity to the baseline. A signal is only triggered when price 'kisses' the EMA 20 zone while the 50 EMA slope remains positive, ensuring we are not catching a falling knife but buying a controlled pullback.
Dynamic Risk Control: Unlike standard static SL/TP, this script calculates exit points based on recent Swing Lows/Highs within a specific look-back period, allowing the stop loss to adapt to current market volatility (ATR-like behavior).
Why this Mashup is Useful: This script solves the "Late Entry" problem common in crossover strategies. By merging trend detection with a precise pullback trigger and dynamic risk levels, it provides a complete trading plan in one tool, reducing the need for multiple cluttered indicators.
How to Use:
Best for XAUUSD on 15M.
Wait for the background/trend color to confirm an uptrend.
Execute when the "Buy" label appears at the touch of the EMA 20 line.
סקריפט מוגן
סקריפט זה פורסם כמקור סגור. עם זאת, תוכל להשתמש בו בחופשיות וללא כל מגבלות – למד עוד כאן
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
סקריפט מוגן
סקריפט זה פורסם כמקור סגור. עם זאת, תוכל להשתמש בו בחופשיות וללא כל מגבלות – למד עוד כאן
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.