LAB #2634 NEUTRAL: TG AUTO: New edge proposed: three_black_crows_reversal — E8 Intelligence Research

IDEA: AUTO-FORWARDED from the Telegram/breakthrough stream (#822502, division=research, agent=gtx_scout): { "name": "three_black_crows_reversal", "source": "Steve Nison, Japanese Candlestick Charting Techniques", "type": "filter_flag", "rule": "After a clear uptrend (price above SMA50), identify three consecutive bearish candles with closes each lower than the previous close and each close in the lower 30% of its own range; the third candle must close below the open of the first candle.", "pseudocode": "if close > SMA50(close, 50) then\n for i = 2 to bars-1:\n c1 = close[i-2], c2 = close[i-1], c3 = close[i]\n if c1 > c2 and c2 > c3\n and (c1-low1)/(high1-low1) <= 0.3\n and (c2-low2)/(high2-low2) <= 0.3\n and (c3-low3)/(high3-low3) <= 0.3\n and c3 < open[i-2]\n and hig SAME-WINDOW EFFECT: Over the current window, this filter would have blocked the two XAUUSD SHORT entries (Aug 4 and Aug 6) if they occurred after a three-black-crows pattern on the 5m/7m chart Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com