Identifies continuation trade setups based on Beat the Market Maker (BTMM) second-leg patterns directly on the price chart. It defines trading session phases across Asian, London, and New York sessions, filters impulse legs using fast and slow exponential movi
Indicator · Pine Script v5 · On the chart
XAU Scalper Conservative (EMA 9/21/200 + VWAP + BOS + HTF)
This overlay indicator evaluates trade setups on gold and intraday charts using a multi-layered filtering system.
GitHub stars7on the repository
Pine versionv5runs as is
Lines of code194
Settings22inputs
LicenceNone stated
Last update3 months ago24 Jul 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
XAU Scalper Conservative (EMA 9/21/200 + VWAP + BOS + HTF) combines fast, slow, and trend EMAs with session time filters, VWAP direction, higher-timeframe trend alignment, and ADX trend strength. It tracks break of structure signals and volume spikes while requiring pullbacks to the 21 EMA. Entry confirmation options include pinbars, body engulfing patterns, or breaking previous candle extremes. Inputs allow customization of session hours, moving average lengths, volume thresholds, and minimum EMA slope.
- Triple EMA filter with VWAP and ADX direction
- Higher timeframe trend alignment and break of structure
- Session filter for London and New York opening hours
- Candle pattern confirmation options including pinbar and engulfing
Details
Published by
eddiebelaval on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Moving averages, Trend, SMC / ICT / price action, Sessions & time
Markets
Gold, Forex
Timeframes
M1-M5, 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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| EMA fast | int | 9 | emaFastLen |
| EMA slow | int | 21 | emaSlowLen |
| EMA trend (filter) | int | 200 | emaTrendLen |
| Filter direction by VWAP | bool | true | useVWAPFilter |
| Enable volume filter | bool | true | useVolFilter |
| Volume MA length | int | 50 | volLen |
| Volume spike factor (x MA) | float | 1.4 | volFactor |
| Min ADX(14) for trend | float | 15.0 | minAdx |
| Enable session filter | bool | true | useSessionFilter |
| Session 1 (London) | session | 0800-1100 | sess1 |
| Session 2 (NY open) | session | 1430-1700 | sess2 |
| Enable micro-structure + BOS mode | bool | true | useStructure |
Show all 22 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Bars after last BOS to keep bias | int | 40 | bosLookback |
| Enable HTF filter | bool | true | useHTF |
| HTF timeframe (e.g., 15) | timeframe | 15 | htf |
| HTF EMA fast | int | 50 | htfFastLen |
| HTF EMA slow | int | 200 | htfSlowLen |
| Pullback MUST touch EMA21 | bool | true | requireTouch21 |
| Candle confirmation | string | prevHighBreak | reclaimCandle |
| EMA21 slope length (bars) | int | 6 | slopeLen |
| Min EMA21 slope (% over length) | float | 0.03 | slopeMinPct |
| Min distance from EMA200 (%) | float | 0.06 | minDist200Pct |
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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