Auric Pulse Indicator
- Indikatoren
- Lungile Mpofu
- Version: 1.0
- Aktivierungen: 5
Indicator Overview
The indicator provides:
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Three trend states (color-coded):
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Green = Uptrend (strong bullish momentum)
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Red = Downtrend (strong bearish momentum)
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Yellow = Consolidation (sideways market)
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Multi-pair dashboard (monitor multiple assets, including XAUUSD).
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Performance tracking (accuracy, pips gained/lost).
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Alerts & signals (buy/sell signals with take-profit levels).
Indicator Settings & Configuration
Input Parameters
Parameter | Description | Recommended for Gold (XAUUSD) |
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Period | Lookback period for trend calculation | 14 (default) |
Sensitivity | Adjusts trend detection (0-100) | 50-70 (Gold is volatile, higher sensitivity helps) |
Take Profit (pips) | Auto-calculated TP level | 20-50 (adjust based on volatility) |
Currency Pairs | Pairs to monitor (e.g., XAUUSD) | XAUUSD (must be included) |
Timeframe | Chart timeframe | H1 or H4 (best for gold) |
Gold-Specific Adjustments
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Gold moves in larger swings, so:
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Use H1 or H4 timeframes for better signals.
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Set Take Profit between 20-50 pips (adjust based on market conditions).
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Higher sensitivity (~60-70) helps catch fast gold movements
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How to Use the Indicator for Gold Trading
A. Identifying Trends
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Uptrend (Green Line)
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Price is above the green line.
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Look for buy opportunities on pullbacks.
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Downtrend (Red Line)
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Price is below the red line.
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Look for sell opportunities on retracements.
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Consolidation (Yellow Line)
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Price is ranging.
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Avoid trading or use breakout strategies.
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B. Trade Signals
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Buy Signal: When trend changes from red/yellow → green.
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Sell Signal: When trend changes from green/yellow → red.
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Confirmation: Wait for a close above/below the trendline.
C. Risk Management
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Stop Loss: Place below recent swing low (Buy) / above swing high (Sell).
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Take Profit: Use the indicator’s auto TP or adjust manually.
6. Trading Strategies for Gold
Strategy 1: Trend-Following
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Wait for strong green (uptrend) or red (downtrend).
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Enter on a pullback to the trendline.
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Set TP at next resistance/support or use auto-TP.
Strategy 2: Breakout Trading
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During yellow (consolidation), mark support/resistance.
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Enter when price breaks out with new trend color.
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TP = 1.5x the consolidation range.
Strategy 3: Multi-Timeframe Confirmation
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Check H4 trend direction (for bias).
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Use H1 for entries (when both timeframes align).
7. Dashboard & Performance Metrics
The indicator includes a real-time dashboard:
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Currency Pairs Panel: Shows trends for XAUUSD and other pairs.
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Performance Metrics:
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Total signals generated.
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Success rate (% accuracy).
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Pips gained/lost.
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Net profitability.
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How to Use the Dashboard
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Click on XAUUSD to focus on gold.
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Monitor trend strength
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Check % change to see recent momentum