XAUUSD Strength Dashboard with Volume

XAUUSD Strength Dashboard with Volume Analysis
📌 Description
This advanced Pine Script indicator provides a multi-timeframe dashboard for XAUUSD (Gold vs. USD), combining price action analysis with volume confirmation to generate high-probability trading signals. It detects:

✅ Break of Structure (BOS)
✅ Fair Value Gaps (FVG)
✅ Change of Character (CHOCH)
✅ Trendline Breaks (9/21 SMA Crossover)
✅ Volume Spikes (Confirmation of Strength)

The dashboard displays strength scores (0-100%) and action recommendations (Strong Buy/Buy/Neutral/Sell/Strong Sell) across multiple timeframes, helping traders identify confluences for better trade decisions.

🎯 How It Works
1. Multi-Timeframe Analysis
Fetches data from 1m, 5m, 15m, 30m, 1h, 4h, Daily, and Weekly timeframes.

Compares trend direction, BOS, FVG, CHOCH, and volume spikes across all timeframes.

2. Volume-Confirmed Strength Score
The Strength Score (0-100%) is calculated using:

Trend Direction (25 points) → 9 SMA vs. 21 SMA

Break of Structure (20 points) → New highs/lows with momentum

Fair Value Gaps (10 points) → Imbalance zones

Change of Character (10 points) → Shift in market structure

Trendline Break (20 points) → SMA crossover confirmation

Volume Spike (15 points) → High volume confirms moves

Score Interpretation:

≥75% → Strong Buy (High confidence bullish move)

60-74% → Buy (Bullish but weaker confirmation)

40-59% → Neutral (No strong bias)

25-39% → Sell (Bearish but weaker confirmation)

≤25% → Strong Sell (High confidence bearish move)

3. Dashboard & Chart Markers
Dashboard Table: Shows Trend, BOS, Volume, CHOCH, TL Break, Strength %, Key Level, and Action for each timeframe.

Chart Markers:

🟢 Green Triangles → Bullish BOS

🔴 Red Triangles → Bearish BOS

🟢 Green Circles → Bullish CHOCH

🔴 Red Circles → Bearish CHOCH

📈 Green Arrows → Bullish Trendline Break

📉 Red Arrows → Bearish Trendline Break

"Vol↑" (Lime) → Bullish Volume Spike

"Vol↓" (Maroon) → Bearish Volume Spike

🚀 How to Use
1. Dashboard Interpretation
Higher Timeframes (D/W) → Show the dominant trend.

Lower Timeframes (1m-4h) → Help with entry timing.

Strength Score ≥75% or ≤25% → Look for high-confidence trades.

Volume Spikes → Confirm breakouts/reversals.

2. Trading Strategy
📈 Long (Buy) Setup:
Higher TFs (D/W/4h) show bullish trend (↑).

Current TF has BOS & Volume Spike.

Strength Score ≥60%.

Key Level (Low) holds as support.

📉 Short (Sell) Setup:
Higher TFs (D/W/4h) show bearish trend (↓).

Current TF has BOS & Volume Spike.

Strength Score ≤40%.

Key Level (High) holds as resistance.

3. Customization
Adjust Volume Spike Multiplier (Default: 1.5x) → Controls sensitivity to volume spikes.

Toggle Timeframes → Enable/disable higher/lower timeframes.

🔑 Key Benefits
✔ Multi-Timeframe Confluence → Avoids false signals.
✔ Volume Confirmation → Filters low-quality breakouts.
✔ Clear Strength Scoring → Removes emotional bias.
✔ Visual Chart Markers → Easy to spot key signals.

This indicator is ideal for gold traders who follow institutional order flow, market structure, and volume analysis to improve their trading decisions.

🎯 Best Used With:

Support/Resistance Levels

Fibonacci Retracements

Price Action Confirmation

🚀 Happy Trading! 🚀