OPEN-SOURCE SCRIPT
Ajay R5.41
🔻 Ajay Gold 3H Power Indicator 🔻
Precision-Based Smart Sell System for Gold (XAU/USD)
💡 Overview
This indicator is specifically designed for Gold (XAU/USD) and delivers best results on the 3-Hour Timeframe (3H TF).
It is a Smart Money Logic-based Sell Confirmation System, combining institutional structure and candle behavior to generate highly accurate bearish signals.
⚙️ Technical Foundation
The indicator uses multiple advanced confirmations:
📉 EMA Trend Filter → Confirms downtrend
💪 RSI Overbought Rejection → Momentum reversal signal
📊 MACD Bearish Cross → Confirms trend strength
🕯️ Bearish Candle Structure → Price action validation
When all conditions align, a clear 🔻 Sell Signal is plotted on the chart.
💎 Hidden Feature
This indicator includes a hidden feature that activates only when the correct market structure forms.
It helps reduce false signals and increases accuracy without being visible on the chart — fully automated internal logic.
📆 Recommended Settings
Symbol: XAU/USD (Gold)
Timeframe: 3-Hour (3H)
Market: Forex / Commodity
Mode: Sell-Only Confirmation Indicator
Performance: Best precision and consistency on 3H TF
📈 How to Use
Select XAU/USD on chart and set 3H timeframe.
Add the indicator to the chart.
Wait for the 🔻 Sell Signal and confirm the market structure after candle close.
Take entry according to your risk management.
⚠️ Disclaimer
This indicator is for educational and analytical purposes only.
No system is 100% accurate — always backtest and demo trade before using in real trading.
💬 Credits
Developed by Ajay Sahu (India)
Based on Institutional & Smart Money Logic
Best results on 3H TF
Hidden Algorithm for XAU/USD traders
Precision-Based Smart Sell System for Gold (XAU/USD)
💡 Overview
This indicator is specifically designed for Gold (XAU/USD) and delivers best results on the 3-Hour Timeframe (3H TF).
It is a Smart Money Logic-based Sell Confirmation System, combining institutional structure and candle behavior to generate highly accurate bearish signals.
⚙️ Technical Foundation
The indicator uses multiple advanced confirmations:
📉 EMA Trend Filter → Confirms downtrend
💪 RSI Overbought Rejection → Momentum reversal signal
📊 MACD Bearish Cross → Confirms trend strength
🕯️ Bearish Candle Structure → Price action validation
When all conditions align, a clear 🔻 Sell Signal is plotted on the chart.
💎 Hidden Feature
This indicator includes a hidden feature that activates only when the correct market structure forms.
It helps reduce false signals and increases accuracy without being visible on the chart — fully automated internal logic.
📆 Recommended Settings
Symbol: XAU/USD (Gold)
Timeframe: 3-Hour (3H)
Market: Forex / Commodity
Mode: Sell-Only Confirmation Indicator
Performance: Best precision and consistency on 3H TF
📈 How to Use
Select XAU/USD on chart and set 3H timeframe.
Add the indicator to the chart.
Wait for the 🔻 Sell Signal and confirm the market structure after candle close.
Take entry according to your risk management.
⚠️ Disclaimer
This indicator is for educational and analytical purposes only.
No system is 100% accurate — always backtest and demo trade before using in real trading.
💬 Credits
Developed by Ajay Sahu (India)
Based on Institutional & Smart Money Logic
Best results on 3H TF
Hidden Algorithm for XAU/USD traders
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
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.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
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.