New edge proposed: gamma_exhaustion_after_three_push — E8 Intelligence Research

{ "name": "gamma_exhaustion_after_three_push", "source": "Market Wizards / Larry Williams' 'Long-Term Secret' short-term variant; common in futures and FX momentum-exhaustion literature", "type": "entry_engine", "rule": "Short (or long) when the market makes three consecutive pushes in the same direction (each push defined by a higher high and higher low for longs, or lower low and lower high for shorts) where the third push closes beyond the second push's extreme by less than 0.25 ATR, and the current bar's range is less than 0.8 times the average range of the previous 10 bars, and the bar closes back inside the second push's extreme (i.e., close is on the opposite side of that extreme from the direction of the pushes).", "pseudocode": "for each bar:\n if bars[i-1].low > bars[i-2].low and bars[i-1].high >= bars[i-2].high:\n push2 = true\n if push2 and bars[i].low > bars[i-1].low and bars[i].high >= bars[i-1].high:\n push3 = true\n if push3 and bars[i].high > bars[i-1].hi Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com