GC/MGC VWAP Pullback + ADX Regime (Prop-Safe) — Strategy by physky
By physky
Performance Metrics
- Author: physky
- Symbol: COMEX_MINI:MGC1!
- Timeframe: 15 minutes
- Net P&L: −1,206.00 USD (−2.41%)
- Win Rate: 39.4%
- Profit Factor: 0.769
- Max Drawdown: 1,611.00 USD (3.21%)
- Total Trades: 236
Description
GC / MGC VWAP Pullback + ADX Regime Strategy (Prop-Safe)This strategy is designed specifically for Gold futures (GC & MGC) and prop firm trading, where capital preservation, consistency, and avoiding chop matter more than trade frequency.The core philosophy is simple:Only trade gold when it is expanding, aligned, and at the right location.Strategy ConceptGold moves in bursts, not constantly.Most losses come from trading compression, VWAP chop, or late momentum.This strategy filters those environments out and trades only:Strong intraday momentumClear higher-timeframe directionFirst pullbacks to VWAPClean price rejection with follow-throughIt intentionally produces fewer but higher-quality trades.Market Regime Filter (ADX)ADX is evaluated on the 5-minute chartThis is the trade permission filterADX zones:Below 18 → No trade (compression / chop)20–35 → Optimal trading zone35–45 → Caution (strong trend, reduced opportunity)Above 45 → No new entries (late expansion / news risk)ADX does not determine direction.It only determines whether trading is allowed.Direction Filter (Higher Timeframe)Direction comes from the 1-Hour chartEMA 20 above EMA 50 → Long bias onlyEMA 20 below EMA 50 → Short bias onlyOptional slope confirmation for additional strictnessNo counter-trend trades.Entry Logic (5-Minute Chart)Trades are taken using a VWAP pullback continuation model.Long SetupADX between 20–351H EMA 20 > EMA 50Price pulls back to VWAPBullish rejection candle at VWAPEntry on break of the rejection candle highShort SetupADX between 20–351H EMA 20 < EMA 50Price pulls back to VWAP from belowBearish rejection candle at VWAPEntry on break of the rejection candle lowAll entries use stop orders, not market orders, to ensure follow-through.Risk ManagementStop loss is placed beyond the rejection candlePartial profit at 1RFinal target at 2RNo pyramidingOne clean setup is preferred over multiple tradesThis structure aligns well with prop firm rules, trailing drawdowns, and consistency requirements.What This Strategy AvoidsVWAP chopRange-bound sessionsOvertradingLate entries after news spikesCounter-trend setupsIf conditions are not ideal, no trade is the correct trade.Best Use CaseInstruments: GC, MGCTimeframe: 5-minuteStyle: Intraday, prop-firm friendlyIdeal for traders who value:DisciplineStructureCapital protection