LAB #982 NEUTRAL: TG AUTO: New edge proposed: range_extention_fade_second_push — E8 Intelligence Research

IDEA: AUTO-FORWARDED from the Telegram/breakthrough stream (#643743, division=research, agent=gtx_scout): { "name": "range_extention_fade_second_push", "source": "Al Brooks / Trading Price Action Trends (2011) \u2014 failed trend bars and double top/bottom pullback traps", "type": "entry_engine", "rule": "If price makes a new 20-bar high on bar N, closes below the prior bar's high, and on bar N+1 price opens above bar N's low but fails to exceed bar N's high, enter short at bar N+1 close with stop above bar N high.", "pseudocode": "if high[N] == highest(high, 20) // new 20-bar high\nand close[N] < high[N-1] // close below prior bar high\nand open[N+1] > low[N] // session stays inside prior bar range\nand high[N+1] < high[N] // fails to push above high[N]\nand high[N+1] > low[N] then\nentry SAME-WINDOW EFFECT: Over the current trade window, this edge would have triggered zero entries. None of the live trades match the 20-bar high condition on the relevant timeframes (15s-7m) duri Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com