IDEA: AUTO-FORWARDED from the Telegram/breakthrough stream (#659038, division=research, agent=gtx_scout): { "name": "larry_williams_80_percent_rule", "source": "Larry Williams - 'Long-Term Secrets to Short-Term Trading'", "type": "filter_flag", "rule": "For any given bar, if the close is in the top 20% of the bar's range (for longs) or bottom 20% (for shorts) and the bar's range is larger than the prior bar's range, then only allow entries in that direction if the bar also closes above (or below) the previous bar's close.", "pseudocode": "range = high - low_position = (close - low) / range close_position >= 0.8 and range > prev_range and close > prev_close: long_filter = True close_position <= 0.2 and range > prev_range and close < prev_close: short_filter = True", "w SAME-WINDOW EFFECT: Over the current trade window, this filter would have blocked the EURUSD SHORT via rizzy5m (entry=1.13594) if the entry bar's close was not in the bottom 20% with expanding Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com
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