Elliott Motive RSIOMA Liquidity Strategy

Family: trend_following · Regime: trending · Complexity: high · Asset classes: Forex, Equities, Crypto · Timeframes: H1, H4

Thesis

Market impulsive phases (Elliott Waves 3 and 5) represent periods of institutional participation that can be identified by volume-weighted trend scanners and triggered by smoothed momentum oscillators. By anchoring risk to high-timeframe liquidity zones (SNAP), we can exploit the behavioral tendency of price to 'run' once a corrective phase (Wave 2/4) ends.

Components

• Elliott Wave [LuxAlgo] (regime) — Identifies the high-probability 'Motive' phases (Wave 3 or 5) to ensure trading occurs within expanding market cycles.
• Custom 006 Hybrid Table Scanner (direction) — Aggregates binary EMA trend alignment and volume expansion to filter out low-liquidity signals.
• RSIOMA (RSI of Moving Average) (entry) — Provides the specific entry trigger when the double-smoothed oscillator confirms a momentum shift in the direction of the wave.
• Average True Range (ATR) (exit) — Calculates dynamic volatility-based profit targets to adapt to changing range expansions.
• SNAP HTF_LTF Indicator (risk) — Uses institutional supply/demand zones and Daily DRT levels to provide structural stop-loss placements.
• t_ma (Smoothed LWMA) (confirmation) — Acting as a trend-path filter; the dual-line crossover ensures the immediate price action is aligned with the LWMA momentum.

Known failure conditions

• Elliott Wave 4 violates the price territory of Wave 1 (Motive Rule violation).
• Price stays within the Daily DRT Gantt Box for >48 hours (extreme consolidation).
• t_ma fails to update due to the 11-bar hardcoded loop limitation during rapid price moves.

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