Price Action & Candle Logic · Playbook 13

Gold Impulse Entry Raja Banks

Concepts and rules associated with Raja BanksAn XAUUSD impulse-entry model combining H4 trend structure, a higher low, M30 candle confirmation, session volume, and a precise previous-high break.

GoldForexIntraday

VIEW BACKTEST & PROP RESULTS GET STRATEGY BOT

CONCEPT REFERENCE / Raja Banks

BOT OUTPUTBUY MODEL

XAUUSD · H4 context · 15m executionGold Impulse Strategy

Strategy Tester

TP +2.00R

SL −1.00R

ENTRY

R:R 2.00

H4 UPTREND · PROTECTED HIGHER LOW

KEY SUPPORT

M30 SIGNAL RANGE

NEW CANDLE WICKS DOWN FIRST

PREVIOUS HIGH · IMPULSE TRIGGER

BREAK PREVIOUS HIGH → BUYSL · BELOW WICK + SUPPORTUPPER RANGE FILL · TP

H4 structure15m SRC confirmationBUY / LONG ↗

SETUPH4 structureTRIGGER15m SRC confirmationSLSignal structureTPUpper range

PLATFORM TARGETSBuilds in development

TradingViewPine strategy

MetaTrader 5MT5 bot

NinjaTrader 8NT8 bot

01 / Strategy specification

Strategy rules.
Complete execution model.

Raja Banks' public education is built around reading candles and price rather than stacking indicators. Gold/XAUUSD is his most persistent live-trading market, and the implementation combines higher-timeframe structure, key support and resistance, bullish or bearish candle confirmation, session volume and impulse entries. The recorded system executes confirmed long and short signals on OANDA XAUUSD using 15-minute bars in the New York high-volume window. Structural risk is placed beyond the confirmed signal area, while the objective follows the available range and the next higher-timeframe level. The supplied execution history covers 171 closed trades across the selected test window.

MODEL MAP / Gold ImpulseXAUUSD H4 trend → 15m bullish impulse entryHigher low · key support · SRC confirmation · New York volume

H4 BULLISH STRUCTURE

KEY SUPPORT · HIGHER LOW

M30 BULLISH CLOSE

PREVIOUS HIGH · IMPULSE TRIGGER

WICK FIRST → HIGH BREAK → BUY

SL · BELOW SIGNAL WICK

UPPER RANGE · TP

TP · +2R

SL · −1R

ENTRY

R:R 2.00

01Protect H4 higher low

02Confirm bullish 15m

03Buy confirmed impulse

Strategy logic · entry, invalidation and objective map.

02 / STRATEGY TEST LAB

Backtest it.
Stress-test it.
Simulate it on prop.

Every test starts from the same XAUUSD trade ledger. Inspect the performance first, then test robustness and apply the exact rules of your prop account.

HISTORICAL BACKTEST · SEP 30, 2025–AUG 20, 2026

Gold Impulse Entry Raja Banks

XAUUSD · H4 context · 15m execution · New York high-volume window

NET P&L+$23,154.26

TRADINGVIEW TRADE LOGXAUUSD · Gold / U.S. DollarOANDA · TradingView · New York high-volume window

Open research source ↗

Total P&L+$23,154.26

Return23.15%

Sharpe ratio2.99

Win rate42.69%

Max drawdown-$7,304.32 · 6.61%

Profit factor1.399

Equity curve

REPORTED CLOSED EQUITY · TRADE BY TRADE

Sep 2025DecMarMayAug 2026

Win/Loss analysis

Total trades171

Winning trades73

Losing trades98

Breakeven trades0

Average win$1,111.63

Average loss-$591.78

Largest win$2,496.97

Largest loss-$3,025.77

Risk & performance

Max consecutive wins5

Max consecutive losses9

Sortino ratio7.71

Recovery factor3.17

Average trade$135.41

Expectancy$135.41

Average favorable excursion$692.87

Average adverse excursion-$454.97

Research status

Strategy rulesCoded

Research terminalReady

Trade logImported

Access

GET STRATEGY BOT ↗

Research source

Raja Banks — What Confirmations to Wait For. Source material and methodology documentation.

View reference ↗

Gold Impulse Entry Raja Banks

Strategy rules.Complete execution model.

Backtest it.Stress-test it.Simulate it on prop.

Gold Impulse Entry Raja Banks

Equity curve

Win/Loss analysis

Risk & performance

Research status

Access

Research source

Related playbooks

Strategy rules.
Complete execution model.

Backtest it.
Stress-test it.
Simulate it on prop.