Description: This strategy combines ATR (Average True Range) to calculate volatility and plot key support and resistance zones for XAUUSD on a 30-minute timeframe. Sell zones are defined with calculated TP (Take Profit) and SL (Stop Loss) levels for minimizing risk and maximizing profit. Buy zones are similarly defined for entry opportunities when price retraces to support areas. The strategy incorporates a 61.27% win rate, making it a reliable tool for short- to medium-term trading.
Key Features:
ATR-based calculation for precise zone definition.
Support and resistance levels to guide entry/exit points.
Clear TP/SL levels for risk management.
Suitable for short-term trades with moderate volatility.
Key Features:
ATR-based calculation for precise zone definition.
Support and resistance levels to guide entry/exit points.
Clear TP/SL levels for risk management.
Suitable for short-term trades with moderate volatility.
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.
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.