OPEN-SOURCE SCRIPT

Gold $15 Trend Continuation Alert

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🔔 Gold $15 Trend Continuation Alert (EMA Filtered)
This script helps identify high-probability trend continuation setups on XAUUSD (Gold), using price action + EMA confluence.

🔹 Logic:

Detects a $15+ directional move in the past hour

Confirms shallow pullback (<33%)

Price must align with EMA13, EMA50, and EMA200 in the same direction

Plots a single BUY (green label) or SELL (red label) alert only once per move

Includes visual EMA overlay

✅ Buy Conditions:

Price has risen $15 from local low

Pullback is shallow

Price is above all 3 EMAs

✅ Sell Conditions:

Price has dropped $15 from local high

Pullback is shallow

Price is below all 3 EMAs

Use this with caution on volatile news days. Best suited during trending London/NY sessions.

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