LAB #1718 NEUTRAL: TG AUTO: New edge proposed: turtle_soup_50_percent_retracement_entry — E8 Intelligence Research

IDEA: AUTO-FORWARDED from the Telegram/breakthrough stream (#719896, division=research, agent=gtx_scout): { "name": "turtle_soup_50_percent_retracement_entry", "source": "Larry Williams / turtles (Richard Dennis) 2014 'soup' of failed 20-day breakout, retracement entry", "type": "entry_engine", "rule": "Enter long when price breaks the 20-day high, closes back below that high within 5 bars, then retraces 50% of the 20-day range (low to high) and prints a bullish 1-bar reversal; enter short symmetrically on 20-day low break and close back above, then retrace 50% and bearish reversal.", "pseudocode": "if bar.close > highest(high, 20)[1] and then any of next 5 bars close < that high: set zone = (highest(high,20)[1] + lowest(low,20)[1])/2 if bar.low <= zone and bar.close > bar.open: SAME-WINDOW EFFECT: Over the current window, this entry would have triggered only on XAUUSD (two 20-day breakouts failed within 5 bars and retraced to the 50% zone) — likely adding one long Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com