Boom Hunter + Hull Suite + Volatility Oscillator Strategy

The Boom Hunter + Hull Suite + Volatility Oscillator Strategy indicator is a comprehensive trend-following and momentum system that combines three distinct analysis methods to identify high-probability trade setups. By integrating leading oscillator signals with trend confirmation and volatility spikes, it aims to capture significant market movements while maintaining strict risk management protocols.

Usage

This strategy utilizes a triple-confirmation process to filter out market noise and focus on momentum-driven trends:

• Long Entry: Occurs when the Boom Hunter trigger line crosses above the Quotient 2 line (white over red), price is above a green Hull Suite line, and the Volatility Oscillator detects a positive volatility spike.
• Short Entry: Triggered when the Boom Hunter trigger line crosses below the Quotient 2 line (white under red), price is below a red Hull Suite line, and the Volatility Oscillator detects a negative volatility spike.
• Risk Management: The script automatically calculates position sizes based on a user-defined account risk percentage. Stop losses are dynamically set using recent swing highs/lows (with an ATR floor), while take-profit levels are established via a fixed Risk:Reward ratio.

For better visual clarity, users may choose to add standalone versions of the Hull Suite and Volatility Oscillator to their main chart, ensuring the settings match those configured within this strategy.

Details

The strategy is built upon three core components:

1. Boom Hunter Pro: Acts as the leading indicator, utilizing high-pass filters and quotient transforms to identify early cyclical turns in price action.
2. Hull Suite: Provides trend confirmation. It can be toggled between HMA, THMA, and EHMA variations to serve as a floating support/resistance level.
3. Volatility Oscillator: Measures price spikes relative to their standard deviation, ensuring trades are only entered during periods of sufficient market activity.

Settings

Strategy: Risk Management

• Swing High/Low Lookback Length: The number of previous bars used to determine the swing high or low for stop loss placement.
• Account percent loss per trade: The percentage of equity risked on a single trade.
• Profit Factor (R:R Ratio): The ratio used to calculate the take-profit target relative to the stop loss distance.

Main Settings

• Square Line?: Toggles the visual style of the oscillator lines.
• Quotient | LPPeriod / K1: Parameters governing the primary Boom Hunter oscillator.
• Trigger Length: The smoothing period for the Boom Hunter trigger line.
• LPPeriod2 / K2: Parameters governing the "Red Wave" (Quotient 2) secondary oscillator.

Hull Suite

• Hull Variation: Choice between HMA, THMA, or EHMA.
• Length: The period for the Hull Moving Average calculation.
• Length Multiplier: Multiplies the length to view higher timeframe trends or smoother bands.
• Show Hull MA from X timeframe?: Enables multi-timeframe analysis for the trend filter.

Volume Oscillator

• Volume Oscillator Length: The lookback period for calculating volatility standard deviations.

FAQ

How do I use the Risk Management features?

The strategy automatically calculates your "Quantity" based on the Account percent loss per trade setting and the distance to the swing high/low. Simply adjust the Profit Factor to set your desired reward-to-risk ratio.

Which timeframe is best for this strategy?

While it can be used on various intervals, the logic was originally optimized and tested with favorable results on the BTC/USDT 5-minute timeframe.

How can I access the Boom Hunter + Hull Suite + Volatility Oscillator Strategy?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.