OPEN-SOURCE SCRIPT

XAUUSD 1H – FVG Buy/Sell Signals

707
XAUUSD 1H – Fair Value Gap (FVG) Buy/Sell Signals (No Boxes)
What it is:
A clean, signal-only indicator for Gold on the 1-hour chart. It detects 3-bar Fair Value Gaps, waits for a deep retest, then confirms with strong candle structure + trend + ADX before printing a BUY/SELL arrow. No rectangles or clutter—just selective, high-quality signals.

Why it works:
Instead of chasing breakouts, the script hunts for imbalances (FVGs) where price often returns to “fair value.” It only fires when:

price revisits the gap by a configurable depth,

the candle closes beyond the far edge with a small buffer,

the candle body is ≥ ATR × K (confirms intent),

the broader trend (EMA-50/EMA-200) agrees, and

ADX (Wilder, manual) shows sufficient strength.

Key features

✅ Signal-only: arrows/labels—no boxes on chart.

✅ Deep retest logic (percentage of zone), not just a touch.

✅ Strong close filter (edge + buffer) + ATR body filter.

✅ Trend filter (EMA-50 vs EMA-200) to keep trades with the regime.

✅ ADX strength to avoid chop.

✅ One signal per zone (optional “delete on use”).

✅ Alerts for both BUY and SELL.

✅ Built for Pine v6, non-repainting logic on bar close.

Inputs you can tune

Min FVG size (pts) – ignore tiny gaps.

Retest depth (%) – how deep price must come back into the gap.

Close buffer (pts) – extra confirmation beyond zone edge.

Min body ≥ ATR× – candle strength requirement.

Min ADX – trend strength threshold.

Expire after X bars – keep zones fresh.

Delete zone after signal – true = one-shot signals.

How I use it

Apply to XAUUSD 1H.

Keep default filters for selective signals.

For more setups, lower Min FVG size or ADX and reduce retest depth; for stricter signals, do the opposite.

Combine with S/R or session timing (London/NY) for added confluence.

Notes

Signals are generated on bar close.

Designed for clarity and discipline—fewer, cleaner arrows over constant noise.

Works on other symbols/timeframes, but tuned for Gold 1H.

Tags: #XAUUSD #Gold #FVG #SmartMoney #1H #TrendFollowing #ADX #ATR #PineV6 #TradingView

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.