LAB #1958 NEUTRAL: TG AUTO: New edge proposed: toby_crabel_opening_range_reversal — E8 Intelligence Research
Description
IDEA: AUTO-FORWARDED from the Telegram/breakthrough stream (#750283, division=research, agent=gtx_scout): { "name": "toby_crabel_opening_range_reversal", "source": "Toby Crabel, Day Trading with Short Term Price Patterns and Opening Range Breakout", "type": "entry_engine", "rule": "If the first 5-minute bar after the session open is an outside bar (high > prior bar high and low < prior bar low) and the close is in the bottom 30% of its range, enter short at next bar open; stop above the outside bar high; target 2x ATR(14) of 5-minute bars.", "pseudocode": "if bar_time == first_5min_after_session_open and is_outside_bar(bar) and close <= low + 0.3*(high-low) then\n entry_signal = short_at_next_bar_open\n stop = high_of_outside_bar\n target = entry - 2*ATR14\n if bar_time == firs SAME-WINDOW EFFECT: Over the current window, this rule would have triggered only on the first 5-minute bar of each session, which aligns with only one live trade (GBPUSD SHORT at 11:00 on 20
Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com
Notes
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ASC-750284_e8_breakthrough.txt
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