This indicator simulates my strategy that I use to trade gold on the 5-minute frame. The three lines in blue, orange and red colors are moving averages with strong values that reflect the frames higher than the 5-minute frame, and also filter out the price movement volatility. The horizontal lines in gold color are an algorithm that will give you the XAUUSD numbers analyzed by Aryanex that are updated week by week or every month on your chart based on the market situation and price movement.
How the strategy works ?
In case of buying, the price must be above all the moving average lines, and when it touches the first numerical analysis upwards, we take a buy deal, and the target is the next number, which is set at 100 points in advance, and the stop loss will be 80 points.
In case of selling, the price must be below all the moving average lines, and when it touches the downside for the first numerical analysis, we take a sell deal, and the target is the next number, which is set at 100 points in advance, and the stop loss will be 80 points.
Finally, my trading method is to enter with double contract in the second deal in case the first deal loses.
Please take into consideration risk management, each according to his capital, and I hope that everyone will take full advantage of this indicator. May you always be winners.
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