🥇 NEW LAUNCH ALERT 🥇
AsliGold Pivot Confluence H4
Strategy + Indicator (matching pair)
📌 STRATEGY:
https://in.tradingview.com/script/Qpjs8ZQp-AsliGold-Pivot-Confluence-H4-v3-Strategy/
📌 INDICATOR:
https://in.tradingview.com/script/ByN8SrI3-AsliGold-Pivot-Confluence-H4-v1-Indicator/
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THE CONCEPT: WHY CPR
The Central Pivot Range is one of the oldest institutional levels in trading. Banks and prop desks have used it as a reference zone for decades.
The daily CPR is calculated from the previous day's High, Low, and Close. Its Top Central pivot (TC) acts as an acceptance zone. When an H4 candle closes above TC, it signals that buyers have absorbed the prior day's distribution and committed to higher prices, with continuation statistically likely.
Personally, CPR has been my favourite tool for years. I have traded it manually with strong results, but converting it into a fully systematic edge was always the goal. This strategy is that conversion.
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ENTRY CONDITIONS (4-FILTER GATE)
A LONG signal fires only when ALL four conditions align on the H4 close:
✅ Close > Daily TC pivot
✅ Close > H4 SMA(50) trend filter
✅ Macro regime bullish (SMA50 > SMA200 + slope positive)
✅ Bar within 12-16 UTC killzone (London + NY overlap)
The macro regime gate is the most critical filter. Breakout strategies bleed capital during bear and sideways periods like 2012-2014. The slope-confirmed trend filter blocks entries during those regimes and dramatically improves the drawdown profile.
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EXIT LOGIC (PESSIMISTIC PRECEDENCE)
Three exits, evaluated in strict order:
🔴 SL: 1.0 × ATR(14)
🟢 TP: 10.0 × ATR(14) - a 1:10 R-multiple
⏱️ Time stop: 48 H4 bars (~8 trading days)
The wide TP plus time stop combination captures extended trend legs while preventing capital from sitting in stagnating positions.
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VERIFIED BACKTEST (TradingView)
📊 OANDA:XAUUSD H4, March 2006 to May 2026 (20 years)
Total Net Profit: +$91,714 (+917% on $10K)
Profit Factor: 2.31
Total Trades: 375
Win Rate: 24.80% (93/375)
Max Equity DD: -18.98%
Avg Winner: +$1,738
Avg Loser: -$248
Win/Loss Size Ratio: 7.01
📊 ERA STABILITY:
18 winning years out of 21 tested
Worst year: -$1,717 (2017)
Best year: +$30,521 (2025)
📊 LAST 12 MONTHS (TRENDING GOLD):
Net Profit: +$7,673 (+76.74%)
Profit Factor: 5.88
Trades: 21
Drawdown: -3.63%
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UNDERSTANDING THE NUMBERS
A 24.8% win rate may concern some readers. This is the classic profile of a momentum breakout system. In simple terms:
❌ 75% of trades are small losses (~$248 average)
✅ 25% are large winners (~$1,738 average, 7× bigger)
This is the nature of trend following. Accept small losses, capture large trends. The strategy performs explosively during trending gold periods such as 2020, 2024, and 2025. Sideways markets produce minor bleeds, which the macro filter is designed to limit.
Best for: trending gold market regime (such as the current environment).
Manage expectation: this is not a high-win-rate, fast-money system.
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INDICATOR vs STRATEGY: WHEN TO USE WHICH
🟢 STRATEGY script: for backtesting, full strategy tester results, and position sizing logic. Use it to verify performance or to set up alerts with order fills.
🟢 INDICATOR script: for a clean chart visual. Just signals, live entry/SL/TP lines, no dashboard clutter. Lightweight and fast loading. Alerts are identical.
Pair both on the same chart for full clarity.
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ALERTS (BOTH SCRIPTS)
7 alert types built in:
1️⃣ LONG entry
2️⃣ SHORT entry (off by default)
3️⃣ TP exit
4️⃣ SL exit
5️⃣ MaxBars exit
6️⃣ All filters pass (pre-signal heads-up)
7️⃣ Macro regime flip
When creating your alert in TradingView, select "alert() function calls only" so all events are covered from a single alert slot.
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HONEST DISCLAIMER
