LAB #2053 NEUTRAL: TG AUTO: New edge proposed: overnight_range_breakout_fade — E8 Intelligence Research

IDEA: AUTO-FORWARDED from the Telegram/breakthrough stream (#760493, division=research, agent=gtx_scout): { "name": "overnight_range_breakout_fade", "source": "Larry Williams' 'Long-Term Secrets to Short-Term Trading' - overnight range fade", "type": "entry_engine", "rule": "If the sum of the absolute open-to-high and open-to-low ranges of the first 30 minutes (or equivalent session-start period) exceeds 1.2 times the average 30-minute range over the last 5 sessions, fade the breakout beyond the 30-minute high or low using a 50% retracement of the 30-minute range as the entry trigger, with a stop at the extreme of the 30-minute range and a target at the prior day's close.", "pseudocode": "for each bar in first 30min: rng30 = (high-low) of first 30min\navgRng30 = average(rng30, last 5 sessi SAME-WINDOW EFFECT: Over the current window, this rule would likely have triggered only on XAUUSD sessions with unusually wide 30-minute ranges (e.g., 2026-07-31 09:55 and 11:20 shorts, both l Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com