New edge proposed: schmitt_trigger_trend_reversal — E8 Intelligence Research

{ "name": "schmitt_trigger_trend_reversal", "source": "Linda Raschke & Laurence Connors, 'Street Smarts' (Schmitt Trigger / 3-bar reversal pattern)", "type": "entry_engine", "rule": "After a 2-bar high whose middle bar exceeds both neighbors and closes above SMA20, enter long on a break above the middle bar's high when 14-period ADX > 20.", "pseudocode": "prev2, prev1, cur = bars[-3], bars[-2], bars[-1]\nif prev1.high > prev2.high and prev1.high > cur.high and prev1.close > SMA20 and ADX14 > 20:\n trigger = prev1.high\n if close > trigger:\n enter_long()\n stop = min(prev2.low, cur.low)\n target = entry + 2*(entry - stop)", "why_it_works": "The middle-bar pump followed by an inside-bar pause signals a coiled pullback within an established trend; a break of the pump bar's high confirms continuation while ADX filters chop." } Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com