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XAUUSD Fake Breakout Reversal Strategy - SunAlgo
XAUUSD Fake Breakout Reversal Strategy | Intraday Gold Scalper
Created by SunAlgo
This indicator is built for intraday XAUUSD (Gold/USD) traders who want to capitalize on fake breakouts and liquidity traps during the high-volatility London–New York session overlap.
🚀 Key Features:
Automatically plots the Asian session high and low (00:00–08:00 UTC).
Detects false breakouts (liquidity sweeps) beyond the session range.
Confirms reversals using bullish/bearish engulfing candles.
Provides clean Buy (🔼) and Sell (🔽) signals directly on the price chart.
📈 Strategy Summary:
Gold often makes deceptive breakouts post-Asian session to trap traders.
This indicator captures those moves and signals potential reversals based on pure price action.
Best used on 15-minute charts during London–New York overlap.
🧠 Trading Guidelines:
Wait for the Asian range to be drawn after 08:00 UTC.
Look for price to break the range and close back inside.
Enter trades at signal candles with appropriate SL/TP levels.
⚠️ Disclaimer:
This indicator is for educational purposes only. Always apply risk management and confirm signals with your own judgment.
Created by SunAlgo
This indicator is built for intraday XAUUSD (Gold/USD) traders who want to capitalize on fake breakouts and liquidity traps during the high-volatility London–New York session overlap.
🚀 Key Features:
Automatically plots the Asian session high and low (00:00–08:00 UTC).
Detects false breakouts (liquidity sweeps) beyond the session range.
Confirms reversals using bullish/bearish engulfing candles.
Provides clean Buy (🔼) and Sell (🔽) signals directly on the price chart.
📈 Strategy Summary:
Gold often makes deceptive breakouts post-Asian session to trap traders.
This indicator captures those moves and signals potential reversals based on pure price action.
Best used on 15-minute charts during London–New York overlap.
🧠 Trading Guidelines:
Wait for the Asian range to be drawn after 08:00 UTC.
Look for price to break the range and close back inside.
Enter trades at signal candles with appropriate SL/TP levels.
⚠️ Disclaimer:
This indicator is for educational purposes only. Always apply risk management and confirm signals with your own judgment.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。