Elliott-Ehlers Impulse Master
Family: hybrid · Regime: trending · Complexity: medium · Asset classes: Equities, Forex, Crypto · Timeframes: H1, H4, D1
Thesis
Market momentum is most efficient during the 'heart' of a 3rd wave impulse. By using Ehlers' Center of Gravity to identify the moment price 'mass' shifts away from previous consolidation, while filtered by the Ichimoku Cloud for trend stability, we can enter trades with high R:R ratios using volatility-based (Chandelier) stops that adjust to Heiken Ashi smoothing.
Components
- Elliott Wave [LuxAlgo] (regime) — Defines the macro structure; ensures we are trading into a potential Motive Wave 3 or 5 rather than a deep corrective Wave C.
- Ichimoku Kinko Hyo (direction) — Confirms mid-term momentum and price's relationship with equilibrium (Kijun-Sen) to avoid counter-trend traps.
- Ehlers Center of Gravity (CG) (entry) — Provides the specific entry trigger by identifying the local distribution of price mass (balance point) at the start of an expected impulse.
- SuperTrend (exit) — Acts as the primary trend-exhaustion exit signal when the trailing volatility band is breached.
- Chandelier Exit Heiken Ashi Variant (risk) — Utilizes HEIKEN ASHI smoothed volatility to provide a tighter, dynamic stop-loss that accounts for extreme price noise.
Known failure conditions
- Price violates Elliott Wave 4 rule (re-entering Wave 1 territory) before entry signal.
- ATR Period 1 on Chandelier Exit leads to 5+ consecutive stop-outs in a single trend.
- Ichimoku Cloud remains flat/narrow for >100 bars (total lack of volatility).
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