Golden Wind Indicator

Golden Wind indicator is a TradingView indicator designed as a resource for traders working with XAUUSD.

It incorporates a variety of indicators, which you can explore to see how they fit into your trading approach.

Golden Wind Indicator calculates key mathematical values derived from the chart.
It also analyzes key indicator values from higher timeframes and historical statistical data to estimate the probability of a winning trade.

When all conditions are met, Golden Wind displays Buy or Sell signals with predefined Take Profit (TP1, TP2) and Stop-Loss (SL) levels.

Golden Wind Indicator analyzes each candlestick to determine potential market sentiment. It assigns a score of +1 for bullish indications and -1 for bearish indications. This difference is called the 'score level'.

Golden Wind Indicator provides trading signals based on 3-minute timeframes.

Note: We recommend that you use the XAUUSD chart from OANDA, which displays 3 decimal places. This enhances the precision of the indicator and strategy algorithm calculations.

What are the differences between the Golden Wind indicator and the Jotaro Strategy?

Golden Wind indicator uses the same algorithm as the Jotaro Strategy, but with some differences in the conditions (TP, SL and slippage). As a result, the signals from Golden Wind may differ from those of Jotaro Strategy.

See the setup instructions here: How to set up Golden Wind indicator

A guide to indicator symbols on trading charts.

	The price is breaking high
	The price is breaking low
	Preparation for opening short positions
	Preparation for opening long positions
	The long score is greater than the short score.
	The short score is greater than the long score.
	Reset the long score and the short score to zero
	The stochastic on the 1-hour chart is oversold
	The stochastic on the 1-hour chart is overbought
	Supply type A
	Supply type B
	Demand type A
	Demand type B
	Buy signal
	Sell signal