XAUUSD 5m — NY Supertrend+RSI Optimizer (1:2 RR) — $240k/order — Strategy by legalPepper72284
By legalPepper72284
Performance Metrics
- Author: legalPepper72284
- Symbol: FX:XAUUSD
- Timeframe: 5 minutes
- Net P&L: +15,072.51 USD (+1.51%)
- Win Rate: 48.2%
- Profit Factor: 2.53
- Max Drawdown: 2,033.22 USD (0.20%)
- Total Trades: 83
Description
This strategy is built for XAUUSD (Gold) on the 5-minute timeframe, focusing exclusively on the New York trading session (08:00–17:00 NY time) — the most volatile and liquid hours of the day.It combines a Supertrend trend filter with RSI momentum signals to identify high-probability entries, using a 1:2 risk–reward ratio for disciplined trade management.🧠 Strategy Logic:Buy Condition: RSI crosses above 55 while Supertrend indicates an uptrendSell Condition: RSI crosses below 45 while Supertrend indicates a downtrendSession Filter: Trades only between 08:00 → 17:00 New York timeRisk/Reward: 1:2 (Take-Profit = 2× Stop-Loss distance from Supertrend line)Position Size: $240,000 notional per orderAuto-Exit: Closes all trades at NY session end⚡ Highlights:Targets NY session volatilityCombines trend + momentum for cleaner entriesStrict 1:2 RR for consistent outcomesAvoids overnight exposure⚠️ Disclaimer:This script is intended for educational and research purposes only.Past performance is not indicative of future results.Always forward-test on demo before using live capital.