Tatwamasi | Gold Trading System

This is a log book for Tatwamasi gold trade system. Tatwamasi Gold trade system developed to find successful trade signals on 5 Minutes gold chart. The system is based on pure divergence. The daily targets and entry are determined by the daily pivot. I am attaching my live trade explorer details to explore the results. The trade account funded with real money.

Let's setup Tatwamasi Gold Trade System

I am choosing tradingview.com chart tools to present the complete system. You can setup this system manually in any platform including MT4, MT5, Tradestation, Ninja Trader, FXCM tradestation II, MT4 and MT5 mobile apps etc. There is no limit, as far as we use classical indicators. The following chart is the complete visual setup of Tatwamasi Gold Trade System.

https://www.tradingview.com/x/BOc2uzo5/


The indicators I used in the system

EMA (exponential moving average) = 34 (close), 34(high), 34(low)
EMA (exponential moving average) = 200 (close)
EMA (exponential moving average) = 8 (close)
STOCH = 5,3,3 (EMA)
MACD = Default settings

Try it yourself in your favorite trading platform.

Hope you finished setting up the system. Now let's follow the rules . Follow the rules Strict

1. Identify the trend (no matter which time frame you choose)
2. Identify the entry for the day or hour
3. Exit the entry

Identify the trend (no matter which time frame you choose)

1. Confirm the current price action above, below or close to 200EMA (no matter which time frame you are looking at)
   1. Above = Bull (look for buy entry)
   2. Below = Bear (look for sell entry)
   3. Close = Range (no signal)

   
   

Ok.. Let's Identify the Trend

5 Minutes intraday chart
https://www.tradingview.com/x/CHQEgyAP/

I hour chart
https://www.tradingview.com/x/gRRZUwBT/

4 hour chart
https://www.tradingview.com/x/Sos5QcTZ/

Daily Chart
https://www.tradingview.com/x/uxLsgKAU/

I know you are confused..! No issues.. Let me solve your problem

Well.. Which chart gives you bullish signal and entry

1. Only 1 hour chart is given the perfect Bull signal
2. 5 Minutes chat given a scalp entry for Bull.

4H chart doesn't have a clear signal
Daily Gives us a Trend continuation Divergence signal (I will explain this later)

Entry Rules

1. ​Divergence on Stoch Signal Line
2. Divergence on MACD Signal Line
3. Divergence on MACD Histogram

​We are following simple trade rule called High High and Lower Low method

Exit rules
As per your trade plan

If you don't have a plan then don't trade. Your plan include how much money (not pips) you want to catch per day based on your investment. Once you done you leave the system as well as market. Come back to next day do the same. This system will not make you overnight millionaire. Once you master it you can be a millionaire trading only GOLD.

To continue further you need to have following qualities
1. Patients
2. Overcome emotions

I will explain

1. When and how we use Stop Loss?
2. How to Hedge?
3. How to Catch the Pin?

​Many people are not agree with it. Here I am explaining how I am using this system? You can use it with your own trade style.

Here is my trade plan



daily = $50
Weekly = $250
Monthly = $1000

Current Status...!
I am two months below of my target.

I am using caesartrade.com as by broker. Unfortunately I lost the connection for two days after signed up, while my two scalp trade running with out a stoploss. This caused a margin call . Once the connection problem resolved I began trading carefully to recover all the losses. Now the account back to normal.

Gold set for break out. Once broken, it takes long time to back to this level again

https://charts.mql5.com/6/1/gold-d1-...g-point-of.png

Yes... The daily target achieved early today

Welcome back..!

We got bullish Hammer on Daily chart. Technically it's a bullish signal. I like to short here looking for a target around 1180. Reason: Fear drive the price down before FOMC.

https://www.tradingview.com/x/8ftJTmAp/

Price under resistance line with Hidden Bearish Divergence on Indicators ​