GSI Pro MT5 – Gold Strength Index Pro is a multi-symbol strength indicator designed to measure the true underlying strength of Gold by aggregating price movements from multiple gold-related pairs. Instead of relying on a single XAUUSD chart, GSI Pro calculates a weighted strength value using major gold crosses (XAUUSD, XAUEUR, XAUGBP, XAUJPY, XAUAUD, XAUCAD, XAUNZD). This provides a broader, more reliable view of gold momentum and directional bias. The indicator combines raw strength, EMA smoothing, a signal line, and a four-color histogram system to clearly distinguish between early and confirmed bullish or bearish phases.
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How to use:
The indicator appears in a separate window with histogram bars and optional lines.
Bullish Confirmed (bright green): Raw GSI and smoothed GSI are above zero. This signals strong, established bullish gold momentum.
Bullish Early (sea green): Raw GSI is above zero but smoothed GSI is still below zero. This often appears before a bullish expansion.
Bearish Confirmed (orange/red): Raw GSI and smoothed GSI are below zero, confirming strong bearish gold momentum.
Bearish Early (crimson): Raw GSI is below zero while smoothed GSI remains above zero, often preceding bearish continuation.
The gold line represents the smoothed GSI, while the blue signal line helps identify momentum shifts via crossovers.
Zero-line behavior is critical: sustained movement above zero favors buys, below zero favors sells.
Best used as a directional filter or confirmation alongside price action, entries, or gold-specific strategies.
GSI Pro is non-repainting and works well on intraday and swing timeframes, especially when trading XAUUSD with higher-timeframe confirmation.
By downloading or installing any Indicators, you acknowledge that you have read, understood, and agreed to be bound by the Terms and Conditions.
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