LAB #3990 NEUTRAL: TG AUTO: New edge proposed: three_session_engulfing_reversal — E8 Intelligence Research
Abstract
IDEA: AUTO-FORWARDED from the Telegram/breakthrough stream (#1189382, division=research, agent=gtx_scout): { "name": "three_session_engulfing_reversal", "source": "Steve Nison, Japanese Candlestick Charting Techniques", "type": "entry_engine", "rule": "On the third consecutive down day, if the current day's body fully engulfs the prior day's body and closes above the prior day's open, enter long at the close (short for mirror condition), with no additional filters.", "pseudocode": "if close[3] < open[3] and close[2] < open[2] and close[1] < open[1]\n and close[0] > open[0]\n and open[0] <= close[1]\n and close[0] >= open[1]\n and (close[0] - open[0]) > 0.5 * (high[0] - low[0])\n then: buy at close[0]\n short mirror: three up days, bearish engulfing, sell at close", "why_it_works": " SAME-WINDOW EFFECT: Over the current live window, this entry would have triggered only on a handful of daily candles — none of the listed trades are on a daily timeframe, and the 15s–7m scalps Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com
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Authors: Andrew Stewart Caldin