Volume-Gradient Elliott Impulse Trader
Family: trend_following · Regime: trending · Complexity: medium · Asset classes: Forex, Equities, Crypto · Timeframes: H1, H4, D1
Thesis
This strategy bets that price momentum (CCI) is only sustainable when it aligns with both a high-timeframe volume-weighted trend (200-Day Slope) and a specific phase of market psychology (Elliott Wave 3 or 5). By filtering for volume intensity and using MA-smoothed candles to avoid noise, we capture the meat of impulsive moves while using volatility-based stops (SAR) to exit when the cycle exhausts.
Components
- 200-Day Trend Background (Smoothed Volume Gradient) (regime) — Determines primary trend bias and filters for high-volume participation to avoid low-liquidity traps.
- Elliott Wave [LuxAlgo] (direction) — Provides structural context; limits entries to motive Wave 3 or 5 expansions or C-wave corrections to align with impulse moves.
- CCI Arrows (entry) — Triggers entries based on momentum crossing the zero-meridian, indicating a shift in short-term equilibrium.
- Pivot Point S&R with GMT Correction (exit) — Provides objective, volatility-based profit targets (R1/R2/S1/S2) derived from daily price action.
- Parabolic SAR (risk) — Used for dynamic stop-loss placement and trailing to lock in gains as volatility expands.
- MA-Candlesticks (volatility_filter) — Acts as a volatility/trend filter; price must be on the 'correct' side of the MA-candle body to confirm smoothed momentum.
Known failure conditions
- The Elliott Wave implementation fails to identify a new motive sequence for > 100 bars, leading to signal starvation.
- Consolidation periods where CCI whipsaws across zero while price remains within the MA-Candle High/Low range.
- The 200-Day SMA slope remains near zero (flat) for extended periods, trapping the strategy in a 'neutral' state.
Explore the full interactive blueprint with parameter ranges and evidence on WOBR StrategyVerse, or generate this strategy as an MT4/MT5 Expert Advisor with QuantMogul AI Engine (free download).