Flow Algo Pro - Deep Flow Tap Strategy by shane10kelly
By shane10kelly
Performance Metrics
- Author: shane10kelly
- Symbol: CME_MINI:MNQ1!
- Timeframe: 10 minutes
Description
Flow Algo Pro – Deep Flow Tap Strategy is a trend-following pullback strategy designed to identify potential continuation entries after price retraces into the 20/50 EMA Deep Flow Zone.The strategy uses the relationship between the 20 EMA and 50 EMA to establish the current directional bias. When the 20 EMA is above the 50 EMA, the market is considered bullish; when the 20 EMA is below the 50 EMA, the market is considered bearish. Pasted markdownRather than entering immediately when the trend is established, the strategy waits for price to pull back into the area between the 20 EMA and 50 EMA.Long SetupA long setup occurs when:1. The 20 EMA is above the 50 EMA, establishing a bullish trend.2. Price retraces and touches or overlaps the 20/50 EMA zone.3. The candle then closes above the upper boundary of the zone.4. When enabled, the confirmation candle must also be bullish.5. If there is no existing position, a long trade is triggered.Short SetupA short setup is the exact opposite:1. The 20 EMA is below the 50 EMA, establishing a bearish trend.2. Price retraces into the 20/50 EMA zone.3. The candle closes below the lower boundary of the zone.4. When enabled, the confirmation candle must also be bearish.5. If there is no existing position, a short trade is triggered.Trade ManagementThe strategy uses a fixed stop-loss and take-profit system.The default configuration is:- 10m chart- Stop Loss: 30 points- Take Profit: 65 points- Risk/Reward: approximately 1:2.17- Default position: 1 contractThe stop and target are calculated from the actual strategy position's average entry price. The strategy uses actual stop and limit orders, meaning the TP/SL levels can be triggered by an intrabar price touch rather than requiring the candle to close beyond the level.Trade ProtectionOnly one trade can be active at a time. Once a position is opened, the strategy locks further entries until the existing position has been closed. This prevents multiple signals from creating unwanted pyramiding or overlapping positions.Best UseThe strategy is designed primarily for trend continuation and pullback trading, rather than attempting to predict market reversals.The basic concept is:Trend → Pullback → Deep Flow Zone Tap → Rejection → EntryThe 20/50 EMA zone acts as the area where the strategy looks for price to temporarily retrace before potentially continuing in the established direction.Important DisclaimerThis script is a technical analysis and backtesting tool. It does not guarantee profitable results and should not be considered financial advice. Historical backtest performance does not guarantee future results. Traders should independently evaluate the strategy, including transaction costs, slippage, market conditions and position sizing, before using it with real capital.Release Notes300:1 Leverage ChangeThe strategy now uses 300:1 leverage on both long and short positions by setting the margin requirement to approximately 0.33%.This means TradingView requires only around 1/300th of the position value as margin, allowing the backtest to simulate a highly leveraged account.Everything else in the strategy remains unchanged — entries, 30-point stop, 65-point target, and trade logic are unaffected.