by 
This strategy enters long positions during a specified trading session when multiple technical indicators align. It executes a buy order when the low drops below the lower Bollinger Band while RSI and ADX exceed configurable threshold values, price closes abov
Strategy · Pine Script v6 · On the chart
XAU/USD Enhanced Arbitrage Strategy
This strategy calculates the cross-market ratio between gold and EURUSD alongside an ATR volatility percentage and a higher-timeframe daily SMA trend filter.
GitHub stars2on the repository
Pine versionv6current
Lines of code107
Settings11inputs
LicenceNone stated
Last update1 year ago17 Aug 2025
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 strategy, select all of the template text and paste. Press Save and give it a name.
- 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
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/USD Enhanced Arbitrage Strategy executes session-tailored entries across the Asian, London, and New York sessions using RSI, ADX, and MACD momentum conditions aligned with the primary trend. Position exits are managed with an ATR-based bracket that sets a 1.5 ATR stop loss and a 3.0 ATR profit target. It draws strategy orders directly on the price chart.
- Cross-market Gold and EURUSD ratio z-score calculation
- Session-specific trade triggers for Asian, London, and New York sessions
- ATR-based stop loss and take profit bracket orders
- Daily moving average trend alignment filter
- Momentum and volatility confirmation via RSI, ADX, and MACD
Details
Published by
harsh-official on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Trend, Volatility & bands, Sessions & time, Oscillators & momentum
Markets
Gold
Timeframes
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.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| 0000-0800 | session | Asian Session | input_asian_start |
| 0800-1600 | session | London Session | input_london_start |
| 1200-2000 | session | NY Session | input_ny_start |
| ATR Length | int | 14 | input_atr_length |
| Volatility Threshold (%) | float | 1.5 | input_vol_threshold |
| Z-Score Threshold | float | -1.5 | input_z_score |
| RSI Length | int | 14 | rsi_length |
| RSI Overbought | int | 65 | rsi_ob |
| RSI Oversold | int | 35 | rsi_os |
| ADX Threshold | int | 25 | adx_threshold |
| Trend Filter Length | int | 50 | trend_filter_length |
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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