XAUUSD Mean Reversion Strategy Gold (ATR and RSI) by JaxonJackFX
By JaxonJackFX
Performance Metrics
- Author: JaxonJackFX
- Symbol: OANDA:XAUUSD
- Timeframe: 1 hour
- Net P&L: −49.34 USD (−0.49%)
- Win Rate: 32.7%
- Profit Factor: 0.798
- Max Drawdown: 51.88 USD (0.52%)
- Total Trades: 893
Description
The XAUUSD Mean Reversion Strategy – Gold v6 is a non-repainting TradingView strategy designed specifically for Gold (XAUUSD). It capitalizes on price overextensions and statistically probable pullbacks toward the mean, a behavior Gold frequently exhibits during active market sessions.🔍 Strategy LogicUses EMA 50 as the mean price referenceDetects overextended conditions with RSI (14)Trades are taken only when price deviates significantly from the meanDesigned for both long and short positions📈 Entry ConditionsLong TradesPrice below EMA 50RSI below oversold levelShort TradesPrice above EMA 50RSI above overbought level📉 Exit & Risk ManagementATR-based Stop Loss adapts to Gold’s volatilityTake Profit OptionsMean reversion back to EMAFixed ATR-based risk-to-rewardOne trade at a time to control exposure⚙️ FeaturesFully backtestableNon-repaintingOptimized for XAUUSD volatilityAdjustable inputs for optimizationWorks best on 5m–30m timeframes📊 Recommended UseXAUUSD (Gold)London & New York sessionsIntraday mean-reversion traders⚠️ This strategy is for educational and research purposes only. Always perform your own testing and risk management before using it in live markets.