OPEN-SOURCE SCRIPT

GSS: Gold Swing Sniper [DoNotFollowMeGod]

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"Inspired by Mean Reversion Theory and Dynamic Volatility Bands (similar to Keltner/Bollinger concepts).

Gold (XAUUSD) tends to respect volatility extremes. This script was designed to capture those extremes by combining a Volatility Channel with an ADX Strength Filter. It’s basically a mathematical approach to 'Buying Low and Selling High' in a ranging market."

Most traders lose money when the market stops trending. This indicator fixes that by identifying "Range-Bound" conditions using a smart ADX Filter.

How it works:
Market State Detection: It checks the ADX. If the market is trending strong, it stays quiet. If the market is chopping/ranging, it activates.
Sniper Entries:
SWING LONG: When price hits the lower band + RSI Oversold + Rejection Candle.
SWING SHORT: When price hits the upper band + RSI Overbought + Rejection Candle.
Dashboard: A clean Multi-Timeframe table to see if higher timeframes are Trending or Sideways.
Disclaimer:
This tool is a "Shield" against chop. Do not use it during high-impact news.
Based on volatility band logic.

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