Gold Power Queen Strategy

Trade XAUUSD (Gold) or XAUEUR LIKE A CHAMP!!!! Only during the most volatile hours of the New York session, using momentum and trend confirmation, with session-specific risk/reward profiles.

✅ Strategy Rules
🕒 Valid Trading Times ("Power Hours"):
Trades are only taken during high-probability time windows on Tuesdays, Wednesdays, and Thursdays, corresponding to key New York session activity:

Morning Session:
08:00 – 12:00 (NY time)

Afternoon Session:
12:00 – 15:00

These times align with institutional activity and economic news releases.

📊 Technical Indicators:
50-period Simple Moving Average (SMA50):
Identifies the dominant market trend.

14-period Relative Strength Index (RSI):
Measures market momentum with session-adjusted thresholds.

🟩 Buy Signal Criteria:
Price is above the 50-period SMA (bullish trend)
Must be during a valid day (Tue–Thu) and Power Hour session

🟥 Sell Signal Criteria:
Price is below the 50-period SMA (bearish trend)
Must be during a valid day and Power Hour session

🎯 Trade Management Rules:
Morning Session (08:00–12:00)

Stop Loss (SL): 50 pips
Take Profit (TP): 150 pips
Risk–Reward Ratio: 1:3

Afternoon Session (12:00–15:00)

Stop Loss (SL): 50 pips
Take Profit (TP): up to 100 pips
Risk–Reward Ratio: up to 1:1.5

⚠️ TP is slightly reduced in the afternoon due to typically lower volatility compared to the morning session.

📺 Visuals & Alerts:
Buy signals: Green triangle plotted below the bar
Sell signals: Red triangle plotted above the bar

SMA50 line: Orange
Valid session background: Light pink
Alerts: Automatic alerts for buy/sell signals