New edge proposed: night_session_asia_gap_fade — E8 Intelligence Research

{ "name": "night_session_asia_gap_fade", "source": "Linda Raschke / Market Wizards: gap fading in low-liquidity sessions", "type": "entry_engine", "rule": "Enter short at market open if the Sunday 22:002013Monday 01:00 UTC range (high-low) is 2264 0.3 ATR(20) AND the price opens 2265 0.15 ATR(20) above the Friday 21:00 UTC close; place stop at session high + 0.1 ATR, target 0.5 ATR below entry.", "pseudocode": "if day == Monday and hour_utc == 1: session_high = max(high[22:00:01]) session_low = min(low[22:00:01]) range = session_high - session_low gap = open - close[prev_friday_21:00] if range <= 0.3 * atr(20) and gap >= 0.15 * atr(20): entry = open stop = session_high + 0.1 * atr(20) target = entry - 0.5 * atr(20)", "why_it_works": "Low-liquidity Sunday gaps often reflect stale orders or emotional opening spikes that revert within the first hour as genuine liquidity returns." } Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com