+5400 points for XAUUSD — M15 Forex Strategy Intraday Gold

The Forex Strategy Intraday Gold is designed for active trading. There are many transactions, most of them are reversal, which in itself is quite dangerous and risky. However, the filters of this system proved to be effective and made it possible to identify entry points with a very good mathematical expectation.

Statistics:

Over the past six months, from April 2022 to October 2022, the strategy has shown fantastic: +5400 profit points. The maximum drawdown was 220 points.

• The instrument is GOLD (XAUUSD).
• Time interval — m15.

Indicators:

• TMA with Distances indicator with parameters 61; 0; 2.61; 110.
• TMA with Distances indicator with parameters 61; 0; 3.8; 110.
• HalfTrend2 indicator with parameters 1; 2; 233; 234.
• Filter CCI indicator with parameters 18; 1; 1; 1; 2; 100.

Buy Conditions — Intraday Gold:

1) The main signal for considering an entry option is the change in the color of the HalfTrend2 indicator from red to blue. This change should occur under the center line of the TMA with Distances indicator.

2) Option A. A color change occurred, but the price did not touch any of the green dotted lines of the TMA with Distances indicator.

We enter only after the Filter CCI indicator scale goes above its level of 100 and draws a green zone above it.

Option B. A color change occurred, but the price only touched the upper green dotted line of the TMA with Distances indicator.

We enter only after the Filter CCI indicator scale goes above its zero level and draws at least just a gray zone above it.

Option C. A color change has occurred. The price touched the lower green dotted line of the TMA with Distances indicator.

We enter only after the Filter CCI indicator scale goes above its level of -100 and the red zone disappears.

3) After receiving one of these signals, a buy deal is concluded at the close of the corresponding candle.

4) Stop-loss is set under the last minimum of the Filter CCI indicator, but not less than 40 points and not more than 80 points.

5) Stop loss should be moved to the breakeven level when passing a distance equal to the stop loss in the positive zone or when the central line of the TMA with Distances indicator is reached.

6) Take profit is equal to two stop loss order sizes.

7) While the transaction is not transferred to breakeven, new transactions in the same direction are not concluded.

8) New transactions can be considered in the same direction only after the Filter CCI indicator fell below its level of -100 again.

9) If the signal is received, and the price has already reached the center line of the TMA with Distances indicator, then the transaction is not considered. You should wait for a new color change of the HalfTrend2 indicator.

Conditions for selling on the forex strategy Intraday gold:

1) The main signal for considering an entry option is the change in the color of the HalfTrend2 indicator from blue to red. This change should occur above the center line of the TMA with Distances indicator.

2) Option A. A color change occurred, but the price did not touch any of the red dotted lines of the TMA with Distances indicator.

We enter only after the Filter CCI indicator scale goes below its level of -100 and draws a red zone under it.

Option B. A color change occurred, but the price only touched the lower red dotted line of the TMA with Distances indicator.

We enter only after the Filter CCI indicator scale goes below its zero level and draws at least just a yellow zone under it.

Option C. A color change has occurred. The price touched the upper red dotted line of the TMA with Distances indicator.

We enter only after the Filter CCI indicator scale goes below its level of 100 and the green zone disappears.

3) After receiving one of these signals, a sell trade is concluded at the close of the corresponding candle.

4) A stop loss order is placed above the last high of the Filter CCI indicator, but it should not be less than 40 pips and not more than 80 pips.

5) Stop loss should be moved to breakeven when passing in the “+” zone a distance equal to the size of the stop loss or when the center line of the TMA with Distances indicator is reached.

6) We fix the profit by Take Profit, which is equal to 2 stop-loss sizes.

7) As long as the transaction is not set to zero, new transactions in the same direction are not concluded.

8) New transactions can be considered in the same direction only after the Filter CCI indicator rises again above its level of 100.

9) If the signal is received, and the price has already reached the center line of the TMA with Distances indicator, then the deal is not concluded. You should wait for a new color change of the HalfTrend2 indicator.

Video version of the Forex strategy «Intraday Gold»:

• Recommended to watch with English subtitles