New edge proposed: andrews_pitchfork_median_line_bounce — E8 Intelligence Research

{ "name": "andrews_pitchfork_median_line_bounce", "source": "Alan Andrews, 'The Action-Reaction Course' (Andrews Pitchfork / median line method)", "type": "entry_engine", "rule": "On timeframe T, after identifying three consecutive swing pivots (P0 low, P1 high, P2 low) over the last N=40 bars, draw the median line from P1 through the midpoint of P0-P2; enter long on first touch of the median line from below with a closed bar whose low <= median_value and close > median_value within 3 bars of the pivot leg, stop at 1.0 ATR(14) below the swing low, target the upper parallel.", "pseudocode": "pivots = zigzag(high, low, thresh=1.5*ATR14, lookback=40)\nif last_three_pivots form L-H-L: P0,P1,P2\n mid = (P0.price + P2.price)/2\n slope = (P1.price - mid) / (P1.idx - (P0.idx+P2.idx)/2)\n med(x) = P1.price + slope*(x - P1.idx)\n if low[i] <= med(i) and close[i] > med(i) and bars_since(P2) <= 3:\n enter long, stop = min(low[P2], low[i]) - 1.0*ATR14, target = med(i) + 2*|P1.price - mi Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com