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Gold PB 15m Range Reversal

A P/B range-reversal tool for XAUUSD on the 15-minute chart: it finds impulse-then-balance structures and marks reversals at the range edges.

Timeframe: XAUUSD, 15-minute chartPlatform: TradingView (invite-only)Type: Indicator, no orders placed
Testing note: This strategy was developed and tested on IC Markets XAUUSD data only. Results may differ on other brokers' price feeds, symbols and timeframes. Past performance is not indicative of future results.
Gold PB 15m Range ReversalILLUSTRATION
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Illustrative graphic only. Not real market data.

OverviewWhat it does

Detects an impulse move followed by a balance range, then marks range-edge reversals with reference levels and an optional higher-timeframe filter.

FeaturesWhat is inside

Impulse then balance (P / b structure)

Looks for a strong, efficient impulse move, then a tight balance range. A “P” marks a range after a bullish impulse and a “b” marks one after a bearish impulse.

Automatic range boxes

Draws the balance range with its high, midpoint and low, and keeps it live until it breaks, times out or is replaced.

Liquidity-sweep reversals

Marks reversals when price sweeps beyond a range edge and closes back inside, using a boundary zone at each edge (20% by default).

MACD exhaustion check

Requires the MACD histogram to show a chosen number of bars of fading momentum before a setup qualifies.

Confirmation window

The setup must be confirmed by a micro-break within a set number of candles, so it can expire if that does not happen.

Reference levels

Plots reference entry, stop (range extreme plus an ATR buffer and an execution buffer) and two targets: the range midpoint and the opposite edge of the range.

Standard or Conservative mode

Conservative mode also requires the last completed 4H candle to align with the 200 EMA and the 4H ADX to be at or above a threshold (30 by default).

Direction control

Short only by default; choose both directions or long only in settings.

Status dashboard

Context check, range state, 4H filter, reference position state, last side, entry/stop, TP1/TP2, 4H ADX and current action.

On your chartWhat you will see

  • Range highTop of the active balance range
  • Range midpointCentre of the range (first target reference)
  • Range lowBottom of the active balance range
  • P / b markersMark balance ranges that formed after a bullish (P) or bearish (b) impulse
  • PB L / PB SConfirmed range-reversal labels
  • Entry, stop, TP1, TP2Reference levels kept visible for a set number of bars, plus a stop-reached marker
  • Gold candle highlightColours the confirmed signal candle

Signals confirm at the close of the 15-minute candle. The indicator does not place orders.

Dashboard (illustrative)
GOLD PBStandard
ContextXAU 15M OK
RangeACTIVE
4H filterNOT REQUIRED
Paper stateFLAT
Last sideNONE
Entry / Stop-
TP1 / TP2-
ActionWAIT FOR P/B

PreviewChart screenshot

Chart screenshot coming soonReal TradingView screenshots will be added here.

Where to use itRecommended timeframe and markets

XAUUSD, 15-minute chart

Built for XAUUSD on the 15-minute chart. By default signals are blocked unless the symbol contains XAU and the chart is 15 minutes; you can switch that check off in settings.

  • Requires an XAU symbol on the 15-minute chart unless you turn off the chart check.
  • “Paper” in the dashboard refers to a simulated reference position used to draw levels. No orders are placed.

AlertsBuilt-in TradingView alerts

  • PB long signal
  • PB short signal
  • Stop reached
  • TP1 reached
  • TP2 reached
  • 5 alert conditions in total

Alerts are created from the TradingView alert dialog. Alert availability depends on your TradingView plan.

CustomiseSettings you can adjust

  • Standard or Conservative mode
  • Signal direction (short only by default)
  • Impulse size, efficiency and balance detection
  • Boundary zone %, sweep requirement, confirmation window
  • Stop buffer and execution buffer
  • MACD exhaustion bars
  • 4H EMA, DI, ADX settings for Conservative mode
  • Display, levels and dashboard options

ImportantTesting note

Testing note: This strategy was developed and tested on IC Markets XAUUSD data only. Results may differ on other brokers' price feeds, symbols and timeframes. Past performance is not indicative of future results.

Before you subscribeRequirements

  • A TradingView account (TradingView is a third-party platform and is not affiliated with Apex Edge).
  • Your TradingView username, entered at checkout, so access can be added to your account.
  • This indicator is an education and analysis tool. It is general information only, does not place orders and is not personal financial advice. Past performance is not indicative of future results.

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