Proxit Gold Strike V.1.2

Proxit Gold Strike v.1.2 is a scalping-focused indicator designed to pinpoint fast in–out entries on lower timeframes (1–5m). It blends momentum, short-term trend bias, and reversal/pricing zones to surface high-probability setups while filtering out low-volatility chop.

Core Logic:

Detect micro-trend bias to stay aligned with short-term direction

Trigger Momentum Pulse when buy/sell pressure expands

Highlight Pullback/Exhaustion zones where quick bounces often occur

Apply a Volatility Filter to reduce noise in dead markets

On-chart Elements:

Buy / Sell arrows when conditions align

Soft background Trend Bias shading

Signal Baseline for directional reference

Scalp Zones for pragmatic entry/exit placement

No-Trade Zone warning during ultra-low volatility

Signals & Trade Ideas:

Scalp Buy: Positive momentum crossover + price above Baseline + not in No-Trade Zone

Scalp Sell: Negative momentum crossover + price below Baseline + not in No-Trade Zone

Exit: Quick targets (e.g., R:1–1.5) or upon opposite momentum/weakening signal

Recommended Inputs:

Sensitivity (1–5): Higher = faster/more signals (default: 3)

Baseline Length: 50–100 for volatile instruments

Momentum Window: 8–14 tuned for scalps

Volatility Filter: On for chop reduction

Show Labels/Alerts: Toggle visual/alert elements

Best Timeframes & Markets:

1m / 3m / 5m on Forex, Gold, Crypto, Index Futures

For Gold, start with TF 3–5m during active sessions/liquidity peaks.

Alerts:

“Proxit Buy” and “Proxit Sell” on signal confirmation

“Exit/Flip” when momentum flips

Use Once per bar close for more reliable alerts.

Best Practices:

Favor trades with the current Trend Bias; avoid strong counter-trend attempts

Keep tight stops nearby and size positions responsibly

Be cautious around major news releases unless your playbook accounts for them

Combine with market structure/S&R for added confluence

Disclaimer:
This tool is for educational and decision-support purposes only and is not financial advice. Results depend on your risk management and discipline. Always forward-test on demo before going live.

Suggested TradingView Tags:
scalping, momentum, trend, gold, crypto, forex, volatility, pullback, intraday, alerts