Gold Prime — Strategy by bobd01003
By bobd01003
Performance Metrics
- Author: bobd01003
- Symbol: TVC:GOLD
- Timeframe: 5 minutes
- Net P&L: −606.84 USD (−6.07%)
- Win Rate: 36.9%
- Profit Factor: 0.741
- Max Drawdown: 628.10 USD (6.27%)
- Total Trades: 320
Description
Gold Sniper — Liquidity Sweep + RSI DivergenceA dual-strategy precision trading system built for XAU/USD on 5-minute charts, combining two of the highest-performing intraday edges: institutional liquidity sweeps (ICT/Smart Money concepts) and RSI divergence scalping.The Two EnginesLiquidity Sweep Reversal — Detects when price breaks above a session high or below a session low, then reverses back inside the range. This is the classic "stop hunt" pattern where large players trigger retail stops before moving in the opposite direction. Entries fire on confirmed reversal candles with stops placed beyond the sweep wick and a 2:1 reward-to-risk target.RSI Divergence Scalp — Spots bullish divergence (price makes a lower low but RSI makes a higher low) and bearish divergence (price higher high, RSI lower high) for quick mean-reversion entries during active sessions. Uses ATR-based stops for volatility-adaptive risk management with a 1.5:1 reward-to-risk target.Confluence SignalsWhen both strategies fire in the same direction simultaneously, the script marks it with a gold diamond ⚡ — these are the highest-probability setups where smart-money positioning aligns with momentum exhaustion.FeaturesSession filter for London/NY hours (08:00–20:00 UTC by default) — background dims during off-hoursAutomatic SL/TP lines drawn on chart with price labels at each signalLive dashboard (top-right) showing RSI, ATR, sweep levels, session status, daily trade count, and current positionBuilt-in strategy tester — view equity curve, win rate, profit factor, and full trade list in the Strategy Tester tab8 alert conditions including separate Buy/Sell alerts for each strategy plus confluence alertsConfigurable max daily trades, trade direction filter (long/short/both), and risk per tradeAll parameters adjustable via settings — no code editing neededRecommended SetupInstrument: XAU/USD (gold)Timeframe: 5-minuteSession: London + NY overlap (08:00–20:00 UTC)Risk per trade: 0.5–1% of accountMax daily trades: 10How to Read the ChartGreen triangles ▲ — Liquidity Sweep BUYRed triangles ▼ — Liquidity Sweep SELLPurple circles — RSI Divergence signalsGold diamonds ⚡ — Confluence (highest conviction)Red dashed lines — Stop loss levelsGreen dashed lines — Take profit levelsStep lines — Running session high/low being trackedImportant NotesThis script is for educational and analytical purposes. Signals are based on historical patterns — past performance does not guarantee future results. Always demo-test with your specific broker, spreads, and execution conditions before risking real capital. Gold is volatile and leveraged trading can result in rapid losses. Not financial advice.