Gold Swing Signal v7.2
Manual-trading indicator for gold H4. Few trades, high accuracy, no losing year in 20 years.
How it works
Gold Swing is an indicator for trading gold by hand on the H4 chart. It signals when the weekly and daily trends are strong, then picks an entry from several patterns, such as a break of the 20/55-day high, a deep RSI(2) dip in an uptrend, and inside-day breakouts.
- Buy only, because the Sell side of gold showed no edge over 20 years
- TP and SL are set at entry, so you do not need to watch the screen
- Suggested risk is 0.6% per trade when paired with Gold H1 Signal V2 (0.3%)
How it evolved
Developed from v3 to v7.2 over hundreds of TradingView test runs, aiming for a higher PF and shorter losing streaks.
Latest version v7.2
Updated 2026-10-05Latest version, paired with Gold H1 Signal V2
- Enters only in strong big trends: ADX(W1) ≥ 25 and ADX(D1) ≥ 20
- Buy only · TP = 1.8 × SL · stop moves to breakeven at +0.1R
- 121 trades in 20 years · 68.6% wins · PF 3.89 · longest losing streak 3
Which timeframe
Uses the H4 chart; some entries look at D1 bars. Research found that fixed TP/SL rules have no edge on H1 (use Gold H1 Signal, built for H1, instead).
Why this many trades: Few trades on purpose: it only takes strong big-trend periods (ADX W1 ≥ 25, D1 ≥ 20), trades gold Buys only, and holds one trade at a time. (0.5 trades/month)
Version history
Latest version results (v7.2)
Hypothetical 2006-04-06 – 2026-06-05 · Compounded, 0.6% risk per trade (the manual-trading size) · Source: TradingView Strategy Tester · OANDA:XAUUSD H4 · 3 Bar Replay windows joined, 2006–2026