OPEN-SOURCE SCRIPT
GOLD Auto-Alert Strategy [Enhanced+Signals+UT Bot]
New Version The Indicator
✅ BUY Signal Triggers Only If:
UT Buy signal flips (from down to up)
ADX > Threshold → market has strength
RSI is outside the 40–60 range
Volume is spiking above 20-bar average × 1.2
EMA Fast > EMA Slow → uptrend confirmed
Close > EMA Fast → price above short-term trend
Bullish Engulfing candle
🔻 SELL Signal Triggers Only If:
UT Sell signal flips (from up to down)
ADX > Threshold → market has strength
RSI is outside the 40–60 range
Volume is spiking above average
EMA Fast < EMA Slow → downtrend confirmed
Close < EMA Fast → bearish structure
Bearish Engulfing candle
✅ BUY Signal Triggers Only If:
UT Buy signal flips (from down to up)
ADX > Threshold → market has strength
RSI is outside the 40–60 range
Volume is spiking above 20-bar average × 1.2
EMA Fast > EMA Slow → uptrend confirmed
Close > EMA Fast → price above short-term trend
Bullish Engulfing candle
🔻 SELL Signal Triggers Only If:
UT Sell signal flips (from up to down)
ADX > Threshold → market has strength
RSI is outside the 40–60 range
Volume is spiking above average
EMA Fast < EMA Slow → downtrend confirmed
Close < EMA Fast → bearish structure
Bearish Engulfing candle
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.