New edge proposed: al_brunner_third_push_divergence — E8 Intelligence Research

{ "name": "al_brunner_third_push_divergence", "source": "Al Brooks - Trading Price Action Trends", "type": "entry_engine", "rule": "Enter short when price makes a third push above the prior two swing highs while RSI14 forms a lower high below 70, then close below the second push high trigger a sell entry.", "pseudocode": "swings = find_swing_highs(20, 5); if len(swings) >= 3 and swings[-1][1] > swings[-2][1] and swings[-2][1] > swings[-3][1] and rsi14(close) < 70 and rsi14_highest_in_last_3_swings == swings[-3] and close < swings[-2][1]: sell(); stop = swings[-1][1] + 1*atr(14); target = swings[-1][1] - 2*atr(14);", "why_it_works": "It captures exhaustion of trend momentum on a third leg higher with bearish RSI divergence, a well-documented end-of-trend pattern in institutional flow." } Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com