Strategy · Pine Script v6 · On the chart

Gold Triple EMA [trugurpala]

by trugurpala

This strategy tracks gold price trends using three exponential moving averages with lengths of 8, 21 and 55.

View on GitHub

GitHub stars4on the repository
Pine versionv6current
Lines of code86
Settings9inputs
LicenceMIT
Last update2 months ago3 Aug 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.

Source Code

86 lines of Pine Script v6 from global-markets/17_gc_gold_trend.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.

17_gc_gold_trend.pine
//@version=6
// Gold / XAUUSD — Triple EMA Trend Strategy
// Author: Ugur Pala · github.com/trugurpala/pinescriptv6
// TradingView: https://tr.tradingview.com/u/trugurpala/
//
// TR: Üç EMA'nın hizalanması ile trend yönünde giriş yapar.
//     Altın için optimize edilmiş — uzun vadeli trend takibi.
//     ADX filtresi ile yeterli trend gücü olduğunda işlem yapar.
// EN: Enters when three EMAs align in trend direction.
//     Optimised for Gold — long-term trend following.
//     ADX filter ensures sufficient trend strength.
//
// Sembol / Symbol: COMEX:GC1! veya OANDA:XAUUSD
// Önerilen TF / Recommended TF: 1H, 4H, 1D
strategy("Gold Triple EMA [trugurpala]",
    overlay           = true,
    initial_capital   = 10000,
    default_qty_type  = strategy.percent_of_equity,
    default_qty_value = 5,
    commission_type   = strategy.commission.percent,
    commission_value  = 0.03,
    slippage          = 2)

// ── Inputs ───────────────────────────────────────────────────────────────────
int   e1Len    = input.int(8,   "EMA 1 (Fast)", minval=1)
int   e2Len    = input.int(21,  "EMA 2 (Mid)",  minval=1)
int   e3Len    = input.int(55,  "EMA 3 (Slow)", minval=1)
int   adxLen   = input.int(14,  "ADX Length",   minval=1)
float adxMin   = input.float(20, "ADX Min",     minval=10, maxval=40)
int   atrLen   = input.int(14,  "ATR",          minval=1)
float slMult   = input.float(1.5, "SL Mult",    step=0.1)
float tpMult   = input.float(3.0, "TP Mult",    step=0.1)
bool  longOnly = input.bool(true, "Long Only (Gold bull bias)")

// ── Calculations ─────────────────────────────────────────────────────────────
float ema1  = ta.ema(close, e1Len)
float ema2  = ta.ema(close, e2Len)
float ema3  = ta.ema(close, e3Len)
float atrVal = ta.atr(atrLen)

[diPlus, diMinus, adxVal] = ta.dmi(adxLen, adxLen)
bool  trendStrong = adxVal >= adxMin

// Tam hizalama
bool  bullAlign   = ema1 > ema2 and ema2 > ema3
bool  bearAlign   = ema1 < ema2 and ema2 < ema3

// Yeni hizalama oluştu mu?
bool  prevBull    = ema1[1] > ema2[1] and ema2[1] > ema3[1]
bool  prevBear    = ema1[1] < ema2[1] and ema2[1] < ema3[1]
bool  longEntry   = bullAlign and not prevBull and trendStrong
bool  shortEntry  = bearAlign and not prevBear and trendStrong and not longOnly

// ── Entries ──────────────────────────────────────────────────────────────────
if longEntry
    strategy.entry("Long", strategy.long)
    strategy.exit("Long Exit", "Long",
        stop  = close - slMult * atrVal,
        limit = close + tpMult * atrVal)

if shortEntry
    strategy.entry("Short", strategy.short)
    strategy.exit("Short Exit", "Short",
        stop  = close + slMult * atrVal,
        limit = close - tpMult * atrVal)

// Hizalama bozulunca kapat / Close when alignment breaks
if strategy.position_size > 0 and not bullAlign
    strategy.close("Long",  comment="Alignment Lost")
if strategy.position_size < 0 and not bearAlign
    strategy.close("Short", comment="Alignment Lost")

// ── Visuals ──────────────────────────────────────────────────────────────────
color c = bullAlign ? color.green : bearAlign ? color.red : color.gray
plot(ema1, "EMA 8",  c, linewidth=1)
plot(ema2, "EMA 21", c, linewidth=2)
plot(ema3, "EMA 55", c, linewidth=3)
bgcolor(bullAlign ? color.new(color.green, 95) : bearAlign ? color.new(color.red, 95) : na)
plotshape(longEntry,  "Long",  shape.triangleup,   location.belowbar, color.green, size=size.normal)
plotshape(shortEntry, "Short", shape.triangledown, location.abovebar, color.red,   size=size.normal)

// ── Alerts (alert() — strategy içinde çalışır) ───────────────────────────────
if longEntry
    alert("Gold Triple EMA Long — " + str.tostring(close, "#.##"), alert.freq_once_per_bar)
if shortEntry
    alert("Gold Triple EMA Short — " + str.tostring(close, "#.##"), alert.freq_once_per_bar)

Overview

Gold Triple EMA [trugurpala] calculates ADX for trend strength filter and ATR for dynamic risk levels. The script enters long positions when the EMAs align bullishly with sufficient trend strength and exits when alignment breaks. Short entries are available unless long-only mode is enabled. All entries and exits draw directly on the price chart. Main settings allow adjustment of EMA periods, ADX threshold, ATR multiplier for stops and targets, and position sizing. The strategy uses single entries per direction without pyramiding.

Details

Published by

trugurpala on GitHub

Type

Strategy, Pine Script v6

Draws

On the price chart

Category

Trend, Moving averages, Volatility & bands

Markets

Gold

Timeframes

H4 and above, M15-H1

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

Topics

aialgorithmic-tradingclaude-codecodexcoding-agentsgithub-copilotopen-sourcepine-scriptpine-script-v6technical-analysis

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
EMA 1 (Fast)int8e1Len
EMA 2 (Mid)int21e2Len
EMA 3 (Slow)int55e3Len
ADX Lengthint14adxLen
ADX Minfloat20adxMin
ATRint14atrLen
SL Multfloat1.5slMult
TP Multfloat3.0tpMult
Long Only (Gold bull bias)booltruelongOnly
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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