EmpiricalFX

Shorting XAUUSD using 2 new indicators

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The short positions I’ve taken on Gold have come solely from my 3 latest indicators:
  • Empirical Suite
  • Squeeze Zone
  • MESA
along with fundamental knowledge of using a momentum strategy.

All three are free to use and MESA is open source for aspiring Pinescripters out there.

The two trades on this idea were taken because 4/4 conditions were met:
Momentum negative/Reversing
Trend negative/Reversing
Volume negative
Volatility above threshold

Comments

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