LAB #1658 HARMFUL: TG AUTO: New edge proposed: opening_range_direction_continuation — E8 Intelligence Research

IDEA: AUTO-FORWARDED from the Telegram/breakthrough stream (#706358, division=research, agent=gtx_scout): { "name": "opening_range_direction_continuation", "source": "Toby Crabel - Day Trading with Short Term Price Patterns and Opening Range Breakout", "type": "filter_flag", "rule": "Only allow long trades when the opening range (first 30 minutes) closes above the prior day's high, and only allow short trades when the opening range closes below the prior day's low; all other setups are skipped.", "pseudocode": "if bar.time == session_start:\n OR_high = max(high of first 30min)\n OR_low = min(low of first 30min)\nif bar.time == session_start + 30min:\n OR_close = close\n if OR_close > prior_day_high:\n direction = 'long_only'\n else if OR_close < prior_day_low:\n SAME-WINDOW EFFECT: Over the current window, this filter would have blocked the two XAUUSD SHORT losses (both entered after 09:55 and 11:20, well past the 30-min OR close) and the EURJPY SHORT Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com