LAB #5057 NEUTRAL: TG AUTO: New edge proposed: crabel_or_high_low_extension_fade — E8 Intelligence Research

IDEA: AUTO-FORWARDED from the Telegram/breakthrough stream (#1348777, division=research, agent=gtx_scout): { "name": "crabel_or_high_low_extension_fade", "source": "Toby Crabel, 'Day Trading with Short Term Price Patterns and Opening Range Breakout' (1990); opening-range extension fade concept", "type": "entry_engine", "rule": "On 5min bars, if price breaks above (below) the first 30-minute high (low) by at least 0.25 \u00d7 ATR(14) on 5min but closes back inside the 30-minute range within the same 5min bar or the next bar, enter short (long) at the close of that re-entry bar, with stop at the extension extreme.", "pseudocode": "h30 = max(high[0:6]); l30 = min(low[0:6]); ATR = atr(14)\nif high[i] > h30 + 0.25*ATR and close[i] < h30:\n short_entry = close[i]; stop = high[i]\nelif low[i] SAME-WINDOW EFFECT: This engine would not have touched the current live window in any meaningful way — the rizzy5m/rizzy7m entries are time-of-day momentum shorts clustered around 10:25–11:45 Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com