TPC Strategy XAUUSD - M5 with Fixed SL/TP by sagarnale97
By sagarnale97
Performance Metrics
- Author: sagarnale97
- Symbol: OANDA:XAUUSD
- Timeframe: 5 minutes
- Net P&L: +31.41 USD (+0.00%)
- Win Rate: 49.1%
- Profit Factor: 1.43
- Max Drawdown: 4.11 USD (0.00%)
- Total Trades: 326
- Sharpe Ratio: −35.842
Description
This script implements a trend-following strategy for XAUUSD on the 5-minute chart, using 200 EMA and 21 EMA to filter direction. Entries are triggered based on RSI, MACD crossovers, and price action alignment. It includes fixed Stop Loss (15 pips) and Take Profit (22.5 pips) with visual SL/TP lines, BUY/SELL labels, and alert conditions for automated notifications. Designed for intraday scalping and low-risk entries during trending conditions.