LAB #2851 PROMISING: TG AUTO: New edge proposed: opening_range_breakout_with_prior_day_close_filter — E8 Intelligence Research

IDEA: AUTO-FORWARDED from the Telegram/breakthrough stream (#845277, division=research, agent=gtx_scout): { "name": "opening_range_breakout_with_prior_day_close_filter", "source": "Toby Crabel - Day Trading with Short Term Price Patterns and Opening Range Breakout", "type": "filter_flag", "rule": "Only take long entries when the opening range high exceeds the prior day close and short entries when the opening range low is below the prior day close, with the opening range defined as the first 30 minutes of the trading session.", "pseudocode": "OR_high = highest(high, 30min), OR_low = lowest(low, 30min)\nPDC = previous day close\nif long_entry_signal and OR_high > PDC: allow_long = true\nif short_entry_signal and OR_low < PDC: allow_short = true\nelse: skip entry", "why_it_works": "This ali SAME-WINDOW EFFECT: Over the listed window, this filter would have blocked the two XAUUSD SHORTs (entry 4048.74, 4051.79) and the USDJPY SHORT (157.883) if their opening-range lows were above Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com