OPEN-SOURCE SCRIPT
MAOs
🌟 **MAOs By A8/4 — The Ultimate Indicator for XAUUSD Trading** 🌟
An intelligent **automated system** designed exclusively for **gold trading**, equipped with everything you need in one tool 🔥
💡 **Key Features of MAOs By A8/4**
✅ **Auto Entry Signals**
Automatically detects trade opportunities using a **refined MACD Histogram formula** for enhanced accuracy.
Displays **LONG/SHORT arrows only on the first bar** to keep your chart clean and readable.
✅ **Auto Take Profit & Stop Loss System (Auto TP/SL)**
Once a signal appears, the system automatically sets:
* **TP1 = +15 USD**
* **TP2 = +25 USD**
* **SL = -10 USD**
These levels are displayed as **dashed lines** on the chart — clear and updated in real-time.
✅ **Smart DCA System (3 Orders)**
Works for both LONG and SHORT positions:
* **Order 1:** Entry upon signal confirmation (after candle close)
* **Order 2:** Entry at 5 USD below/above Order 1
* **Order 3:** Entry at another 5 USD below/above Order 2
The system automatically **calculates the average entry price** and **adjusts the SL** to -10 USD from the average cost.
This helps **spread risk** and **increase recovery potential** when prices rebound 💰
✅ **Specially Designed for XAUUSD Trading**
Compatible with both **Spot Gold** and **TFEX Gold Futures**.
Perfect for traders who value **clear, structured entry and exit strategies**.
An intelligent **automated system** designed exclusively for **gold trading**, equipped with everything you need in one tool 🔥
💡 **Key Features of MAOs By A8/4**
✅ **Auto Entry Signals**
Automatically detects trade opportunities using a **refined MACD Histogram formula** for enhanced accuracy.
Displays **LONG/SHORT arrows only on the first bar** to keep your chart clean and readable.
✅ **Auto Take Profit & Stop Loss System (Auto TP/SL)**
Once a signal appears, the system automatically sets:
* **TP1 = +15 USD**
* **TP2 = +25 USD**
* **SL = -10 USD**
These levels are displayed as **dashed lines** on the chart — clear and updated in real-time.
✅ **Smart DCA System (3 Orders)**
Works for both LONG and SHORT positions:
* **Order 1:** Entry upon signal confirmation (after candle close)
* **Order 2:** Entry at 5 USD below/above Order 1
* **Order 3:** Entry at another 5 USD below/above Order 2
The system automatically **calculates the average entry price** and **adjusts the SL** to -10 USD from the average cost.
This helps **spread risk** and **increase recovery potential** when prices rebound 💰
✅ **Specially Designed for XAUUSD Trading**
Compatible with both **Spot Gold** and **TFEX Gold Futures**.
Perfect for traders who value **clear, structured entry and exit strategies**.
Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.