Session Midpoint Momentum Expansion (SMME)

Family: trend_following · Regime: trending · Complexity: medium · Asset classes: Forex (Majors), Indices · Timeframes: M5, M15

Thesis

Market expansion usually originates from a session's median value during periods of rising volume. By entering in the direction of the session midpoint break confirmed by Chaikin Money Flow, the strategy bets that momentum (Connect MACD) will push price toward the session extremes. The 'Explosion' component (WAE) acts as a sentinel to exit when the impulse volatility subsides before a mean-reversion event occurs.

Components

• Session Range (High/Low/Mid) (regime) — Establishes the daily structure; price location relative to the session midpoint defines the intra-day bias.
• Chaikin Money Flow (NNFX Version) (direction) — Confirms that the price action is backed by institutional volume pressure, filtering out thin-market moves.
• Connect MACD (Azullian) (entry) — Provides the primary momentum crossover signal refined by the connectable framework for better timing.
• Waddah Attar Explosion (WAE) (exit) — Acts as the dynamic exit signal by detecting momentum exhaustion or volatility contraction.
• SuperTrend MT5 (FxGeek) (risk) — Provides the volatility-adjusted trailing stop and initial risk anchor.
• Standard Deviation (volatility_filter) — Prevents entry during extremely low-volatility environments (squeeze) or late-stage parabolic exhaustion.

Known failure conditions

• Price consistently breaches Session Midpoints without following through to the Session High/Low.
• High frequency of 'Momentum Divergence' where Connect MACD signals but WAE fails to reach the explosion threshold.
• ATR-based SuperTrend stops are too tight during high-volatility news events, leading to premature exits.

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