THE ELVINATORTHE ELVINATOR is my trend-following momentum indicator built on the 20 EMA, 50 EMA, and 200 EMA, designed for trading **XAUUSD during the New York session (9:30–17:00 NY time), Monday through Friday**.
**How to trade it:**
* **Trend filter:** Only take **longs above the 200 EMA** and **shorts below the 200 EMA**. This keeps trades aligned with Gold’s dominant direction.
* **Long setups:** A **20 EMA cross above the 50 EMA** signals bullish momentum. Best entries come after a pullback into the 20–50 EMA zone followed by strong continuation candles.
* **Short setups:** A **20 EMA cross below the 50 EMA** signals bearish momentum. Look for pullbacks into the EMA zone and rejection before continuation lower.
* **Timing:** Focus on NY open and high-volume moves. Avoid choppy conditions and late-session exhaustion.
* **Risk & exits:** Place stops beyond recent swings or EMA structure. Targets can be prior highs/lows or scaled with trend continuation.
THE ELVINATOR is built for **structure, patience, and disciplined execution**, allowing traders to capitalize on Gold’s volatility without chasing noise.
Indicador Pine Script®














