1-Min Gold Taylor Technique# 🟡 1-Minute Gold Taylor Trading Technique - Professional Strategy
## 📊 OVERVIEW
The **1-Minute Gold Taylor Trading Technique** is a sophisticated intraday scalping strategy specifically designed for XAUUSD (Gold) on the 1-minute timeframe. This strategy implements George Douglas Taylor's classic 3-Day Trading Cycle adapted for modern algorithmic trading with precise entry and exit rules.
**Best For:** Gold traders, scalpers, and intraday momentum traders
**Timeframe:** 1-minute (optimal), can work on 3-5 minute
**Instrument:** XAUUSD, GC futures
**Trading Sessions:** London and New York sessions (GMT-based)
---
## 🎯 STRATEGY CONCEPT
### Taylor's 3-Day Cycle (Modernized)
This strategy identifies and trades three distinct market phases:
1. **Accumulation Day** - Range-bound consolidation where smart money accumulates positions
2. **Manipulation Day** - Liquidity sweeps and stop-hunts creating high-probability reversal setups
3. **Distribution Day** - Trending continuation where positions are distributed
The strategy automatically detects these phases through price action and provides clear entry signals during the highest-probability setups.
---
## 🔧 KEY FEATURES
### ✅ Automated Session Tracking
- **Asian Session** (00:00-05:00 GMT) - Range identification only, no trades
- **London Session** (06:00-13:00 GMT) - Primary trading window for manipulation setups
- **NY Session** (13:00-17:00 GMT) - Continuation and distribution trades
### ✅ Liquidity Sweep Detection
- Identifies sweeps of Asian High/Low
- Detects Previous Day High/Low violations
- Configurable sweep buffer to filter noise
- Visual confirmation on chart
### ✅ Multi-Indicator Confirmation
- **VWAP** - Session-based volume-weighted average price
- **20 EMA** - Dynamic support/resistance confirmation
- **SuperTrend** - Trend direction and reversal signals (dot indicators)
- **ATR-based** - Adaptive to volatility
### ✅ Professional Risk Management
- 3-tier profit taking system (33% / 33% / 34% position splits)
- Configurable Risk:Reward ratio (default 1:3)
- Adaptive stop-loss based on volatility
- Automatic end-of-day position closure
- No pyramiding (one position at a time)
### ✅ Visual Trading Environment
- **Asian Range Box** - Yellow box showing consolidation zone
- **Session Backgrounds** - Color-coded trading sessions
- **Previous Day Levels** - High/Low reference lines
- **Entry Signals** - Clear green (long) and red (short) markers
- **SuperTrend Dots** - Visual trend confirmation
---
## 📈 ENTRY RULES
### 🟢 LONG ENTRY (All Conditions Required)
1. **Liquidity Sweep** - Price sweeps below Asian Low OR Previous Day Low
2. **Rejection** - Candle forms lower wick and closes back above the level
3. **Trend Confirmation** - SuperTrend flips bullish (green dot appears below price)
4. **VWAP/EMA Reclaim** - Price closes above VWAP or 20 EMA
5. **Session Timing** - Must be during London or NY session
6. **Automated Signal** - Green triangle appears below candle
### 🔴 SHORT ENTRY (Mirror Logic)
1. **Liquidity Sweep** - Price sweeps above Asian High OR Previous Day High
2. **Rejection** - Candle forms upper wick and closes back below the level
3. **Trend Confirmation** - SuperTrend flips bearish (red dot appears above price)
4. **VWAP/EMA Reject** - Price closes below VWAP or 20 EMA
5. **Session Timing** - Must be during London or NY session
6. **Automated Signal** - Red triangle appears above candle
---
## 💰 EXIT STRATEGY
### 3-Tier Profit System
**TP1 (33% of position):**
- Target: 1:1 Risk:Reward
- Typically at VWAP or Asian range midpoint
- Secures base profit
**TP2 (33% of position):**
- Target: 1:2 Risk:Reward
- Typically at Asian range opposite boundary
- Locks in substantial gain
**TP3 (34% of position - Runner):**
- Target: 1:3 Risk:Reward (default)
- Typically at Previous Day High/Low or beyond
- Maximizes winners
### Stop Loss
- Fixed points below/above entry (default: 6 points)
- Can be adjusted based on ATR for volatility adaptation
- Tight enough for 1-minute scalping, wide enough to avoid noise
### End-of-Day Close
- All positions automatically closed at 17:00 GMT
- No overnight risk
- Clean slate for next trading day
---
## ⚙️ CUSTOMIZABLE PARAMETERS
### Risk Management
- **Risk:Reward Ratio** (1.0 - 10.0) - Default: 3.0
- **Stop Loss Points** (1.0 - 20.0) - Default: 6.0
- **Trailing Stop** - Optional for trend days
### Session Times (Adjustable for Your Timezone)
- Asian Start/End
- London Start
- NY Start/End
- Fully customizable to match your broker's daily close
### Indicators
- **ATR Length** - Default: 14
- **ATR Multiplier** - Default: 2.0 (SuperTrend sensitivity)
- **EMA Length** - Default: 20
- **Sweep Buffer** - Default: 2.0 points (filters false sweeps)
### Visuals (Toggle On/Off)
- Asian Range Box
- VWAP Line
- 20 EMA Line
- Previous Day Levels
- Session Background Colors
---
## 📊 PERFORMANCE EXPECTATIONS
### Realistic Statistics
- **Win Rate:** 40-60% (varies by market condition)
- **Average R:R:** 1:2.5 to 1:3.5 (with partial profits)
- **Trades Per Day:** 1-4 high-quality setups
- **Best Performance:** During manipulation days (sweeps + reversals)
### Ideal Market Conditions
✅ Medium to high volatility (ATR > 1.0)
✅ Clear trending sessions
✅ Strong liquidity sweeps
✅ Clean support/resistance at Asian range
### Challenging Conditions
⚠️ Very low volatility (ATR < 0.5)
⚠️ Major news events (NFP, FOMC)
⚠️ Extreme ranging days with no sweeps
⚠️ Asian session overlap confusion
---
## 🎓 HOW TO USE
### Setup
1. Add strategy to **1-minute XAUUSD chart**
2. Adjust session times to match your timezone/broker
3. Start with default settings
4. Enable alerts for entry signals
### Trading Workflow
1. **Pre-Market:** Identify Asian range when it forms
2. **London Open:** Watch for sweeps of Asian high/low
3. **Wait for Signal:** All 4-5 conditions must align (automatic)
4. **Enter on Signal:** Green/red triangle appears
5. **Let Strategy Manage:** Automatic TP1, TP2, TP3 exits
6. **Review Daily:** Journal which day type occurred
### Optimization
- Backtest on 3+ months of data
- Adjust stop loss based on recent ATR
- Fine-tune sweep buffer for your trading style
- Test different R:R ratios for your risk tolerance
---
## 🚨 ALERTS INCLUDED
The strategy includes 4 alert types:
1. **Long Entry Signal** - All conditions met for buy
2. **Short Entry Signal** - All conditions met for sell
3. **Bullish Sweep Detected** - Asian/PDL swept, prepare for long
4. **Bearish Sweep Detected** - Asian/PDH swept, prepare for short
Set up alerts to receive notifications via:
- TradingView mobile app
- Email
- SMS (via webhook)
- Discord/Telegram (via webhook)
---
## ⚡ UNIQUE ADVANTAGES
### Why This Strategy Stands Out
1. **Session-Aware Logic** - Trades only during optimal liquidity windows
2. **Institutional Approach** - Based on liquidity sweeps and order flow concepts
3. **Risk-Conscious** - 3-tier exits ensure you capture profits while letting winners run
4. **Clean Visuals** - Everything you need on the chart, nothing you don't
5. **No Repainting** - All calculations are based on closed candles
6. **Fully Automated** - Once configured, strategy handles entries and exits
### Gold-Specific Optimizations
- Designed specifically for Gold's unique volatility patterns
- Session times optimized for XAUUSD trading hours
- Stop loss and targets calibrated for typical Gold 1-min movements
- Sweep detection tuned to Gold's tendency for liquidity grabs
---
## 📖 STRATEGY LOGIC (For Developers)
### Technical Implementation
- **Language:** Pine Script v6
- **Type:** Strategy (not just indicator)
- **Calculation:** On bar close (no repainting)
- **Lookback:** Minimal (efficient on 1-minute data)
### Key Components
```
1. Session Detection → Hour-based GMT logic
2. Asian Range → var float tracking daily high/low
3. Sweep Detection → Price breach + reversal confirmation
4. SuperTrend → ATR-based trend filter
5. Entry Logic → Boolean combination of all conditions
6. Exit Management → strategy.exit() with multiple targets
```
---
## ⚠️ IMPORTANT DISCLAIMERS
### Risk Warning
- This strategy is for **educational purposes**
- **Past performance does not guarantee future results**
- Trading Gold on 1-minute timeframe is **high risk**
- Always use proper risk management (1-2% per trade max)
- Test thoroughly on **paper trading** before live implementation
### Recommended Prerequisites
- Understanding of support/resistance
- Familiarity with session-based trading
- Knowledge of liquidity concepts
- Experience with 1-minute scalping
- Proper broker with tight spreads on Gold
### Not Recommended For
- Complete beginners to trading
- Accounts under $1,000
- Traders unable to monitor during London/NY sessions
- High-spread brokers
- Emotional/impulsive traders
---
## 🔄 VERSION HISTORY
**v1.0** (Current)
- Initial release
- Core Taylor 3-Day Cycle implementation
- Asian range tracking
- Liquidity sweep detection
- 3-tier exit system
- Full visual suite
- Alert integration
---
## 💡 TIPS FOR SUCCESS
### Best Practices
1. **Trade the manipulation days** - Highest win rate on sweep-and-reverse setups
2. **Respect the session times** - Don't force trades outside London/NY
3. **Journal your trades** - Note which day type (Accumulation/Manipulation/Distribution)
4. **Scale position size** - Bigger on high-conviction setups
5. **Monitor ATR** - Adjust stop loss on volatile days
### Common Mistakes to Avoid
❌ Trading during Asian session
❌ Entering without all 5 conditions met
❌ Moving stops closer "to protect profit"
❌ Removing the partial profit system
❌ Over-trading on range days
❌ Ignoring the session backgrounds
---
## 📞 SUPPORT & FEEDBACK
### How to Provide Feedback
- Use TradingView's comment section below
- Report bugs with chart screenshots
- Share your optimization results
- Suggest improvements
### Future Updates May Include
- Multi-timeframe confirmation option
- Volume profile integration
- Machine learning day-type classifier
- Advanced trailing stop algorithms
- Telegram bot integration
---
## 🏆 CONCLUSION
The **1-Minute Gold Taylor Trading Technique** brings together classical market theory and modern algorithmic execution. By focusing on institutional liquidity sweeps during optimal trading sessions, this strategy provides a systematic approach to Gold scalping.
**Remember:** Consistency comes from following the rules, not from finding "perfect" entries. Let the strategy do the work.
---
## 📚 RECOMMENDED READING
To deepen your understanding:
- George Douglas Taylor - "The Taylor Trading Technique"
- Mark Fisher - "The Logical Trader"
- Al Brooks - "Trading Price Action Trends"
- ICT Concepts - Liquidity and Order Flow
---
## 🎯 QUICK START CHECKLIST
Before going live:
- ☐ Backtested on 3+ months
- ☐ Paper traded for 2+ weeks
- ☐ Session times match broker
- ☐ Stop loss appropriate for account size
- ☐ Alerts configured
- ☐ Trading journal ready
- ☐ Risk per trade ≤ 2%
- ☐ Understand all entry conditions
- ☐ Know how to disable during news
---
**Strategy Type:** Scalping, Mean Reversion, Liquidity Trading
**Complexity:** Intermediate to Advanced
**Maintenance:** Low (once configured)
**Recommended Chart:** 1-minute XAUUSD
**Optimal Spread:** < 0.3 points
---
## 📈 KEYWORDS
Gold Trading, XAUUSD Strategy, Taylor Trading Technique, 1-Minute Scalping, Liquidity Sweep, Session Trading, Intraday Strategy, Gold Scalping, Smart Money Concepts, Institutional Trading, Asian Range, VWAP Trading, Risk Management, Automated Trading
---
**Developed with:** Pine Script v6
**Compatible with:** TradingView Pro, Pro+, Premium
**License:** Open Source (modify as needed)
---
*Happy Trading! May your sweeps be clean and your reversals be profitable.* 🟡📈
---
### 🔗 SUPPORT THIS WORK
If you find this strategy helpful:
- ⭐ Leave a review
- 💬 Share your results in comments
- 🔄 Share with fellow Gold traders
- 📊 Post your optimized settings
Your feedback helps improve future versions!
Taylor
STD/C-Filtered, Truncated Taylor Family FIR Filter [Loxx]STD/C-Filtered, Truncated Taylor Family FIR Filter is a FIR Digital Filter that uses Truncated Taylor Family of Windows. Taylor functions are obtained by adding a weighted-cosine series to a constant (called a pedestal). A simpler form of these functions can be obtained by dropping some of the higher-order terms in the Taylor series expansion. If all other terms, except for the first two significant ones, are dropped, a truncated Taylor function is obtained. This is a generalized window that is expressed as:
(1 + K) / 2 + (1 - K) / 2 * math.cos(2.0 * math.pi *n / N) where 0 ≤ |n| ≤ N/2
Here k can take the values in the range 0≤k≤1. We note that the Hann 0 ≤ |n| ≤ window is a special case of the truncated Taylor family with k = 0 and Rectangular 0 ≤ |n| ≤ window (SMA) is a special case of the truncated Taylor family with k = 1.
Truncated Taylor Family of Windows amplitudes for this indicator with K = 0.5
This indicator also includes Standard Deviation and Clutter filtering.
What is a Standard Devaition Filter?
If price or output or both don't move more than the (standard deviation) * multiplier then the trend stays the previous bar trend. This will appear on the chart as "stepping" of the moving average line. This works similar to Super Trend or Parabolic SAR but is a more naive technique of filtering.
What is a Clutter Filter?
For our purposes here, this is a filter that compares the slope of the trading filter output to a threshold to determine whether to shift trends. If the slope is up but the slope doesn't exceed the threshold, then the color is gray and this indicates a chop zone. If the slope is down but the slope doesn't exceed the threshold, then the color is gray and this indicates a chop zone. Alternatively if either up or down slope exceeds the threshold then the trend turns green for up and red for down. Fro demonstration purposes, an EMA is used as the moving average. This acts to reduce the noise in the signal.
Included
Bar coloring
Loxx's Expanded Source Types
Signals
Alerts
Taylor RuleThe Taylor rule is a simple formula that John Taylor devised to guide policymakers. It calculates what the federal funds rate should be, as a function of the output gap and current inflation. Here, we measure the output gap as the difference between potential output and real GDP. Inflation is measured by changes in the CPI, and we use a target inflation rate of 2%. We also assume a steady-state real interest rate of 2%.


