PROTECTED SOURCE SCRIPT
Marshall Gold Spot Signals

Prediction of How It Will Behave (Live on Chart)
✅ Bullish Scenario (Uptrend Prediction)
If price:
Drops near or below the lower Bollinger Band
Then crosses above the SMA(20)
→ You’ll get a "BUY" label right below the candle.
🟢 What happens:
If trend continues up, SMA(20) moves above SMA(50)
Price trades between middle and upper BB
Potential continuation pattern
Confidence: High in sideways-to-uptrend markets
Target levels: Middle-to-upper BB
❌ Bearish Scenario (Downtrend Prediction)
If price:
Spikes near upper BB
Then crosses below the SMA(20)
→ You’ll get a "SELL" label above the candle.
🔻 What happens:
Price typically moves toward middle/lower BB
Possible SMA(20) < SMA(50) cross
Trendline drawn downward
Confidence: Strong in overbought markets
Target levels: BB Basis or BB Lower
🤔 Consolidation / Chop Zone
When:
Price stays between SMA(20) and SMA(50)
BB bands are tight
⚠️ You might get false signals back and forth (whipsaw)
Tip: Add RSI or trend filter to reduce noise
📊 Realistic Performance Expectations
Market Condition Signal Quality Best Use
Strong Trend ✅ High Trend-following entries
Ranging Market ⚠️ Medium to Low Better with filters (e.g. RSI)
Volatile Breaks ✅ Good with BB Volatility squeeze detection
✅ Bullish Scenario (Uptrend Prediction)
If price:
Drops near or below the lower Bollinger Band
Then crosses above the SMA(20)
→ You’ll get a "BUY" label right below the candle.
🟢 What happens:
If trend continues up, SMA(20) moves above SMA(50)
Price trades between middle and upper BB
Potential continuation pattern
Confidence: High in sideways-to-uptrend markets
Target levels: Middle-to-upper BB
❌ Bearish Scenario (Downtrend Prediction)
If price:
Spikes near upper BB
Then crosses below the SMA(20)
→ You’ll get a "SELL" label above the candle.
🔻 What happens:
Price typically moves toward middle/lower BB
Possible SMA(20) < SMA(50) cross
Trendline drawn downward
Confidence: Strong in overbought markets
Target levels: BB Basis or BB Lower
🤔 Consolidation / Chop Zone
When:
Price stays between SMA(20) and SMA(50)
BB bands are tight
⚠️ You might get false signals back and forth (whipsaw)
Tip: Add RSI or trend filter to reduce noise
📊 Realistic Performance Expectations
Market Condition Signal Quality Best Use
Strong Trend ✅ High Trend-following entries
Ranging Market ⚠️ Medium to Low Better with filters (e.g. RSI)
Volatile Breaks ✅ Good with BB Volatility squeeze detection
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.