New edge proposed: ehlert_fibonacci_time_target_within_closed_range — E8 Intelligence Research

{ "name": "ehlert_fibonacci_time_target_within_closed_range", "source": "Robert Krausz's Fibonacci time cycle methods / 'The Fibonacci Trader'", "type": "entry_engine", "rule": "Enter on breakout of the 20-bar opening range (first bar) only if the breakout occurs between 1.618 and 2.618 times the duration of the prior closed range (measured from prior range start to its close), and the breakout bar closes beyond the range boundary.", "pseudocode": "if bar_index == 0: open_range_high=max(open,close); open_range_low=min(open,close)\\nif bar_index < 20: update open_range\\nelse: current_range_duration = bars since open_range break or update\\nprior_range = last completed 20-bar closed range; p_dur = end - start of that range\\ntime_ratio = current_bar_index / p_dur\\nif close > open_range_high and 1.618 <= time_ratio <= 2.618: long_entry\\nif close < open_range_low and 1.618 <= time_ratio <= 2.618: short_entry", "why_it_works": "It combines range breakout with Fibonacci time extensi

Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com