SILVER (XAGUSD) Targets

6 jam lalu

📌 AG Target – XAU-Based Silver Target Levels

AG Target is a ratio-based indicator designed to analyze Silver (XAGUSD) using the price of Gold (XAUUSD) as a reference.

The indicator projects dynamic target, support, and resistance levels on the silver chart by dividing the Gold price by historically significant XAU/XAG ratios.

🔍 How It Works

Retrieves XAUUSD (Gold spot price)

Divides it by predefined XAU/XAG ratio levels

Plots the resulting values directly on the XAGUSD chart

Fixed ratio levels used:

44.260

39.628

31.707

These ratios represent historically important zones in the Gold–Silver ratio.

🎨 Visual Logic

Green line → XAG price is above the level

Red line → XAG price is below the level

Line thickness increases with level importance

🚨 Alert System

The indicator includes individual alerts and one combined alert:

Separate alerts for each ratio level crossover

A single combined alert triggers when XAG price crosses any of the target levels

Alerts are triggered only on real cross events, avoiding repeated signals.

🏷️ Label Features

Automatic target labels on the last bar

Toggle labels on/off

Adjustable transparency, size, and horizontal offset

Labels display:

Current target price

Corresponding XAU/XAG ratio

🎯 Who Is This For?

Traders using the Gold–Silver ratio

Macro and ratio-based analysts

Medium to long-term silver traders

Users who prefer clean, objective price levels on their charts

⚠️ Disclaimer

This indicator is not financial advice.
It is designed as a ratio-based reference tool and should be used together with other technical or fundamental analysis methods.

5 jam lalu

Nota Keluaran

Settings have been enhanced.
Each target line can now be individually enabled or disabled from the indicator settings.
When a line is disabled, its plot, labels, and alerts are automatically turned off as well.

This update improves visual control and allows users to focus only on the selected target levels.