Return-to-Trend Wick Scalper — Full Control Version

Return-to-Trend Wick Scalper — Modular Scalping Strategy for Gold (XAUUSD) & Indices

This is a precision-engineered scalping strategy designed primarily for high-volatility instruments such as Gold (XAUUSD), NASDAQ, and indices.

The system focuses on counter-trend pullbacks within the dominant daily trend, utilizing wick-based liquidity grabs (commonly referred to as “John Wick” candles) to identify high-probability return-to-trend opportunities.

Key Features:
✅ Dynamic Wick Reversal Detection: Detects reversal setups based on wick dominance and body ratio.

✅ Multiple Take Profit Levels: TP1, TP2, TP3 with individual enable/disable toggles and adjustable exit percentages.

✅ Time-Based Stop-Loss: Optional failsafe to close trades after exceeding a defined number of bars.

✅ VWAP Proximity Filter: Ensures entries happen near volume-weighted average price for precision.

✅ Pullback Depth Control: Filter for significant pullbacks using percentage of daily ATR.

✅ Dynamic Support & Resistance Validation: Confirms setups at key reactive levels.

✅ Volatility Filter: Avoids entries in overly volatile or dead market conditions.

✅ Aggressive Entry Mode: Optional early entry at pullback zones for faster fills.

✅ Paper Trading & Backtest Ready: Fully compatible with TradingView’s Paper Trading simulator.

Usage Notes:
Optimized for 5-minute chart entries.

Use in conjunction with Paper Trading for forward testing before live execution.

Can be connected to live brokers via alert webhooks and external bridges like PineConnector.

Instrument Focus:
Gold (XAUUSD) ✅

NASDAQ ✅

Dow Jones (US30) ✅

Other liquid indices ✅

Risk Note:
Always test thoroughly in Paper Trading before going live.

Optimize TP levels and filters according to market volatility conditions.

Designed for traders who want precision entries, flexibility in scaling out positions, and professional-grade risk control.