Level 1 Gold - MAs & BiasLevel 1 Gold - MAs & Bias
A clean trend bias indicator designed for the Level 1 Gold trading strategy.
Features:
EMA 5 (Orange) - Fast exponential moving average for momentum confirmation
SMA 21 (Blue) - Slow simple moving average for trend direction
Trend Bias Detection - Tracks the last EMA5/SMA21 crossover to determine trade direction:
EMA5 crosses ABOVE SMA21 → "BUYS ONLY" (only take long trades)
EMA5 crosses BELOW SMA21 → "SELLS ONLY" (only take short trades)
Session Filter - Highlights invalid trading sessions (default: 06:00-16:00 UK time, avoids Monday AM and Friday PM)
Crossover Markers - Green Circle (bullish cross), Red Circle (bearish cross)
How to Use:
Wait for an EMA5/SMA21 crossover to establish bias
Only take trades in the direction of the bias
Avoid trading during shaded (invalid) session times
Look for breakouts across your horizontal support/resistance levels that align with the bias
Settings:
Moving average lengths (default: EMA 5, SMA 21)
Session times and filters (customizable)
Toggle visuals on/off
Adjustable colors
Best Used On: 1H timeframe for Gold (XAUUSD)
Indikator Pine Script®






















