PROTECTED SOURCE SCRIPT
Gold Magic
1. Watch for the Icon
When you see the 💰 icon appear above or below the Bollinger Bands, it’s your first signal.
• An icon above the upper band means price has broken out to the upside.
• An icon below the lower band means price has broken out to the downside.
2. Wait for the Fair Value Gap
After the icon appears, the indicator will highlight the first Fair Value Gap (FVG) that forms.
• The FVG will show you exactly where a potential entry point is.
• It will also mark the suggested stop-loss level on the chart.
3. Prepare to Enter the Market
With the FVG and stop-loss levels in place, you have a clear idea of where to buy or sell and where to place your stop.
• This makes it easier to enter the market with confidence.
When you see the 💰 icon appear above or below the Bollinger Bands, it’s your first signal.
• An icon above the upper band means price has broken out to the upside.
• An icon below the lower band means price has broken out to the downside.
2. Wait for the Fair Value Gap
After the icon appears, the indicator will highlight the first Fair Value Gap (FVG) that forms.
• The FVG will show you exactly where a potential entry point is.
• It will also mark the suggested stop-loss level on the chart.
3. Prepare to Enter the Market
With the FVG and stop-loss levels in place, you have a clear idea of where to buy or sell and where to place your stop.
• This makes it easier to enter the market with confidence.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.