Golder/Silter Setups — Strategy by pablollorens
By pablollorens
Performance Metrics
- Author: pablollorens
- Symbol: CME_MINI:MNQ1!
- Timeframe: 5 minutes
- Net P&L: +1,587.00 USD (+15.87%)
- Win Rate: 61.0%
- Profit Factor: 1.238
- Max Drawdown: 1,509.50 USD (14.34%)
- Total Trades: 269
Description
Golden/Silver Strategy [Runner & Points Edition]OverviewThe Tony Rago Golden/Silver Strategy is a high-precision mean-reversion system specifically engineered for the Nasdaq (NQ/MNQ). It leverages the psychological 100-point price blocks to identify institutional exhaustion and reversal points.Unlike standard "grid" bots, this strategy uses a sophisticated "Arm & Fire" logic: it requires a specific price "touch" to arm the setup, followed by a retracement to a "Golden" entry level to execute.Key Logic: The 100-Point GridThe strategy divides price action into 100-point blocks (e.g., 19500 to 19600).Golden Setup (Long): Triggered when price touches the 50 level (mid-point). The order is placed at the 26 level on the retracement.Silver Setup (Short): Triggered when price touches the 00 or 100 levels (block boundaries). The order is placed at the 77 or 26 levels on the retracement.Professional Risk ManagementThis edition features a Dual-Contract Management system designed for Prop Firm consistency:Contract 1 (The Scalp): Aims for a quick 24-point target (TP1) to secure realized gains and cover costs.Contract 2 (The Runner): Stays in the trade for an extended 51-point target (TP2).Automated Break-Even (BE): The moment TP1 is hit, the Stop Loss for the Runner is automatically moved to the entry price (plus a small offset). This ensures a "risk-free" environment for the remainder of the trade.Independent Stop Losses: The Scalp and the Runner use different SL distances to account for Nasdaq volatility, preventing a single "noise" wick from wiping out the entire position.Intelligent FiltersADX Range Filter: The strategy monitors market trend strength. It only allows trades when the ADX is below a user-defined threshold (default 25), ensuring you only play mean-reversion during ranging or "choppy" markets.MA Visual Semaphor: The 50 EMA changes color dynamically based on ADX (Lime/Green for Range, Orange/Red for Trend), giving you an instant visual "Go/No-Go" signal.Time-Session Filtering: Optimized for three custom sessions (NY Open, Mid-Day Reversal, and Late Night). Outside these sessions, the strategy can "Arm" setups in memory but will not "Fire" orders.How to UseTimeframe: Optimized for 1-Minute or 2-Minute charts for precision entry.Asset: Nasdaq 100 (NQ, MNQ) or similar high-volatility indices.Setup: * Enable Session Filters to avoid news volatility.Adjust TP/SL in Points (1 Point = 4 Ticks) to suit your specific risk appetite.Watch for the "Armados" labels—these indicate the system is ready and waiting for the Golden/Silver entry.Visual InterfaceDynamic Boxes: Real-time visual representation of your TP1, TP2, and SL levels.Activation Labels: Clear indications of when a Long or Short setup has been "Armed" in memory.Status Dashboard: A clean top-right table showing current ADX values, Session status, and Risk settings.DisclaimerTrading involves significant risk. This strategy is a tool for decision support and backtesting. Past performance does not guarantee future results. Always test on a demo account before risking live capital.