Float Turnover Momentum Alignment

Family: hybrid · Regime: trending · Complexity: high · Asset classes: Equities, Forex, Crypto · Timeframes: H1, H4, D1

Thesis

This strategy assumes that significant trends begin only after a 'clean out' of the local float (cumulative volume turnover). By waiting for a turnover threshold and then confirming momentum through triple-period ADX alignment and OBV flow, we capture the transition from distribution/accumulation to an active trend. The use of Heiken Ashi-based volatility stops provides a buffer against noise while maintaining a tight exit on trend exhaustion.

Components

• Float Indicator (regime) — Defines the market cycle by measuring how much volume has turned over. We use this to identify 'mature' accumulation/distribution zones where a breakout is more likely to be sustained.
• ADX Crossing INGM (direction) — Acting as the primary directional trigger. Note the indicator logic: +DI crossing below -DI is the 'Buy' signal, indicating a reversal from a previous bearish thrust.
• Easy Trend Visualizer (ETV) (entry) — Provides high-conviction entry confirmation by ensuring three different ADX timeframes are aligned in strength (>30/35) and direction.
• Average True Range (NNFX Version) (exit) — Used for defining fixed take-profit targets relative to current volatility.
• Chandelier Exit Heiken Ashi Variant (risk) — Provides a dynamic trailing stop based on Heiken Ashi price extremes and volatility, adjusted from the ultra-sensitive default settings for stability.
• On-Balance Volume (OBV) (confirmation) — Ensures the price move is supported by cumulative volume flow, reducing the risk of 'empty' momentum breakouts.

Known failure conditions

• If the Float Indicator fails to reset on local highs/lows due to low volume, the regime filter will stall.
• In low-volatility sideways markets, the triple-ADX alignment in ETV will likely never trigger, leading to zero trades.
• If the HA Chandelier EX5 dependency is missing, the strategy cannot calculate risk or stops.

Explore the full interactive blueprint, parameter ranges and evidence on WOBR StrategyVerse, or generate this strategy as an MT4/MT5 Expert Advisor with QuantMogul AI Engine.