GoldBuyBackScalper
- Indicators
- Thomas Bradley Butler
- Version: 1.0
- Activations: 20
This indicator is for XAU/USD and uses standard deviations. For1 minute charts only. Every pair has unique characteristics and price movements.
Trade V shaped reversals with this indicator. Scalp buys using trailing stops and avoid news as they are more extreme and can cause sudden sell offs .
Attach to 1 minute time frame in backtest and see the reversal buys. Indicator never repaints or recalculates.
- TRADE DURING ACTIVE HOURS ONLY
Good indicator, but Gold is not in Buy trend and so signal may be misleading.