#Indicators

MT4 indicators that actually work for XAUUSD — from a seasoned trader: Bollinger Bands (20, 2): Best for identifying gold squeeze setups during Asian session. When bands tighten below 15 pips on the 15m chart, a breakout is coming. RSI (14): Works differently on gold. In strong trends, RSI stays overbought/oversold for hours. Don't fade it — use it to time entries WITH the trend. ATR (14): The only volatility gauge you need for gold. ATR below 20 on H1 = range day. Above 40 = momentum. Volume indicator (tick volume): Gold is a volume-driven market. Divergence between price and tick volume = reversal signal. What's in your MT4 gold toolkit?