This indicator identifies Smart Money Concepts market structure across higher and lower timeframes directly on the main price chart. It detects Break of Structure, Market Structure Shifts, Order Blocks, and regular or inverse Fair Value Gaps. Entry signals are
Indicator · Pine Script v5 · On the chart
XAUUSD Strategy - Auto Entry + Smart TP/SL Fixed
This indicator evaluates gold market conditions using a multi-factor confluence model on the price chart.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code780
Settings40inputs
LicenceNone stated
Last update4 months ago6 Jun 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
XAUUSD Strategy - Auto Entry + Smart TP/SL Fixed combines Stochastic, RSI, triple EMAs, Fibonacci retracements, automated support and resistance levels, wick reclaims, and volume spikes into an aggregate scoring system. When confluence scores meet user thresholds, it plots trade signals alongside dynamic swing- and ATR-based stop loss and take profit projections. Configurable inputs allow fine-tuning of indicator periods, scoring weights, risk-reward ratios, and chop filters. As an indicator, it displays trade setups without executing orders directly.
- Multi-factor confluence scoring system
- Automated support and resistance detection
- Wick reclaim and liquidity sweep identification
- Dynamic ATR and swing-based stop-loss calculation
- Chop and low-volatility trade filters
Details
Published by
aeiioaeiio on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Oscillators & momentum, Support & resistance, SMC / ICT / price action
Markets
Gold
Timeframes
Any timeframe
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 |
|---|---|---|---|
| Stoch Period | int | 5 | stoch_period |
| Stoch K | int | 3 | stoch_k |
| Stoch D | int | 3 | stoch_d |
| Oversold | int | 20 | oversold |
| Overbought | int | 80 | overbought |
| RSI Period | int | 14 | rsi_period |
| EMA Fast | int | 20 | ema_fast |
| EMA Slow | int | 50 | ema_slow |
| EMA Trend | int | 200 | ema_trend |
| Fib Lookback | int | 50 | fib_lookback |
| Fib Tolerance | float | 0.008 | fib_tol |
| SR Pivot Lookback | int | 20 | sr_lookback |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Min SR Touches | int | 2 | sr_touch_min |
| SR Zone Width (pip) | float | 3.0 | sr_zone_width |
| Show SR Labels | bool | true | show_sr_label |
| Min Wick Reclaim % | float | 0.45 | wick_reclaim_min |
| Sweep+Reclaim Score | int | 2 | sweep_score_weight |
| Show READY Signal | bool | true | show_ready_signal |
| Continuation Max Body x Avg | float | 0.85 | cont_body_max |
| Continuation Score | int | 2 | cont_score_weight |
| Require EMA20 Hold | bool | true | require_ema_hold |
| Volume MA Length | int | 20 | vol_length |
| Volume Spike x | float | 1.5 | vol_mult |
| Full Signal Score | int | 5 | score_full |
| Early Signal Score | int | 4 | score_early |
| R:R Ratio | float | 1.5 | rr_ratio |
| SL Buffer pip | int | 5 | sl_buf |
| SL Swing Lookback | int | 5 | sl_lookback |
| Minimum RR | float | 1.2 | min_rr |
| ATR Period | int | 14 | atr_period |
| ATR SL Buffer | float | 0.3 | atr_sl_mult |
| Use ATR Dynamic SL | bool | true | use_atr_sl |
| Use No Trade Filter | bool | true | use_no_trade_filter |
| Low ATR Filter x | float | 0.75 | atr_flat_mult |
| EMA Flat Lookback | int | 5 | ema_flat_len |
| EMA Flat Tolerance ATR | float | 0.15 | ema_flat_tol_atr |
| Avoid Extreme Wick Entry | bool | true | avoid_extreme_wick |
| Extreme Wick % | float | 0.65 | extreme_wick_ratio |
| Entry Buffer ATR | float | 0.10 | entry_buffer_atr |
| TP1 RR | float | 1.0 | tp1_rr |
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.
Similar Pine Scripts
Pieki Algo is an all-in-one technical analysis indicator that overlays trading signals, trend visualizers, and Smart Money Concepts onto the main price chart. It plots buy and sell signals based on configurable sensitivity settings, colors candles by trend or
This indicator detects higher-timeframe order blocks and fractals to generate scored reversal signals directly on the price chart. It evaluates candidate setups using a multi-factor scoring system incorporating RSI momentum, trend EMAs, midpoint distance, and
Combined Indicators v5 Fixed merges multiple technical tools into a single price chart overlay. It identifies Smart Money Concepts structure such as Break of Structure, Change of Character, Order Blocks, Fair Value Gaps, and equal highs or lows. Additionally,
This indicator quantifies the risk of a prevailing market structure break by combining trend context, structure, and momentum into a composite 0–100 risk score. It plots an RSI oscillator with momentum divergence lines in a separate pane while projecting key b
This indicator detects equal highs and lows by comparing prices within user-defined left and right bars using a tolerance percentage. It plots horizontal lines on the price chart for equal highs in one color and lows in another. A screener allows input of mult
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers