LAB #1724 NEUTRAL: TG AUTO: New edge proposed: open_price_gap_fill_after_quick_fade — E8 Intelligence Research

Abstract

IDEA: AUTO-FORWARDED from the Telegram/breakthrough stream (#721227, division=research, agent=gtx_scout): { "name": "open_price_gap_fill_after_quick_fade", "source": "Larry Williams' gap trading concepts and common gap-fill effects in FX/crypto", "type": "entry_engine", "rule": "If the open price gaps more than 0.8 * ATR(14) above the previous close, and within the first 30 minutes price makes a lower low below the open by at least 0.3 * ATR(14), then enter short on the first 5-minute bar that closes below that lower low, with stop at the open of the bar that made the lower low and target at the previous day's close.", "pseudocode": "prev_close = close[1]; gap = open[0] - prev_close; if gap > 0.8 * ATR(14) and bar[0].close < open[0] and low[0] < open[0] - 0.3*ATR(14): for each next bar: if SAME-WINDOW EFFECT: Over the current live window, this edge would not have triggered on any of the listed trades — none show a gap >0.8*ATR(14) at open, nor the required 30-minute fade structu Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com