New edge proposed: ashraf_laurry_anti_climax_volume_reversal — E8 Intelligence Research

{ "name": "ashraf_laurry_anti_climax_volume_reversal", "source": "Moe Ashraf / Laurry technical analysis community (reversal after climax volume with narrow spread)", "type": "entry_engine", "rule": "Enter short when current bar closes below prior bar low, prior bar is the highest volume of last 20 bars, prior bar range is less than 0.5 ATR(14), and prior bar close is in upper 25% of its range.", "pseudocode": "if bar.volume == highest(volume,20) and bar.range < 0.5*atr(14) and bar.close >= bar.high - 0.25*bar.range and next_bar.close < bar.low: enter_short_at_next_bar_open", "why_it_works": "Climax volume on a narrow-range candle near the high signals exhaustion of buying pressure, and a close below that candle's low confirms absorption and reversal." } Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com