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The Ultimate XAUUSD Scalping Indicator (Pine Script v5) - Trend + Momentum Confluence

Discuss 1-minute to 15-minute price action setups, fading intraday momentum, key support/resistance zones, and proven short-term trading methodologies.
LondonScalper
Posts: 690
Joined: Sat Sep 05, 2026 7:54 am

Re: The Ultimate XAUUSD Scalping Indicator (Pine Script v5) - Trend + Momentum Confluence

Post by LondonScalper »

PTScalper wrote:This is the holy grail of scalping logic. By removing the fixed Take Profit on the second half of your position, you transform the strategy from a standard scalp into an asymmetric trend-following system. When price chops, you take small losses.
Partial off plus a runner without a fixed TP can work when the session has range. On XAU in a choppy London lunch it can also donate the open half back.

I only trail the runner after the first scale is banked and spread is normal. If the book is thin or a red folder is due, I flat the runner rather than hope for the trend day.

Asymmetric payoff is fine. Asymmetric hope is not.

Do you disable the runner entirely around Tier-1 US prints, or only tighten the trail?
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