LAB #1019 PROMISING: TG AUTO: New edge proposed: opening_range_breakout_fade_2 — E8 Intelligence Research

IDEA: AUTO-FORWARDED from the Telegram/breakthrough stream (#645825, division=research, agent=gtx_scout): { "name": "opening_range_breakout_fade_2", "source": "Larry Williams / 'Day Trading Futures' (opening range breakout reversal)", "type": "entry_engine", "rule": "Go short if price breaks above the first 30-minute opening range high by more than 0.5 ATR (of the opening range bar) and then closes back below that high within 3 bars; go long if price breaks below the opening range low by more than 0.5 ATR and then closes back above that low within 3 bars.", "pseudocode": "opening_range_high = highest(high, first_30_min_bars); opening_range_low = lowest(low, first_30_min_bars); atr_open = atr(first_30_min_bars); if close > opening_range_high + 0.5*atr_open and then close < opening_range_hig SAME-WINDOW EFFECT: Over the current trade window, this edge would likely have triggered zero entries because none of the listed trades occurred within a 30-minute opening range breakout/fade Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com