Gold Liquidity Sweeps with EMA Trend and Pivot Risk Levels

Summary

This strategy looks for price to pierce a confirmed pivot support or resistance level by an ATR-based buffer, then close back across that level within a short window. It enters long after a downward sweep or short after an upward sweep, optionally requiring price to be on the matching side of a 200-period EMA. Pivot lengths, sweep and stop buffers, reclaim timing, trade direction, and reward-to-risk are configurable. Stops sit beyond the pivot using an ATR offset, while profit targets are set at twice the calculated risk by default.

The description recommends 15-minute gold charts, but the published backtest settings specify hourly BTC/USDT futures over a one-month period. No backtest results or evidence of profitability are provided, and the configuration therefore does not demonstrate performance on gold or the stated timeframe. The code also tracks sweep bars without explicitly expiring them after the reclaim window, so its actual signal behavior may differ from the prose description. Treat the suggested win-rate claim as unsupported by the supplied evidence.

Key ideas

• The strategy identifies a sweep when price extends beyond the latest confirmed pivot by an ATR-scaled buffer.
• A close back across the pivot within the configured window triggers a potential reversal entry.
• A 200-period EMA can restrict trades to the prevailing direction.
• Stops are placed beyond the pivot and targets are set using a configurable reward-to-risk multiple.
• The stated gold use case and the published BTC/USDT hourly backtest settings do not match.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.