New edge proposed: sesame_open_range_containment — E8 Intelligence Research

{ "name": "sesame_open_range_containment", "source": "Larry Williams' 'Sesame Street' pattern from his Short-Term Trading Secrets, adapted to intraday OHLCV", "type": "filter_flag", "rule": "Valid only on the first bar after a session open (e.g., 00:00 UTC for daily session), where the open range (first bar high-low) is within the last 10% of the prior day's range (high-low), and the prior day's close is below the prior day's midpoint; filter is active.", "pseudocode": "if bar is session_open_bar: prior_range = prior_day_high - prior_day_low current_range = high - low if current_range <= 0.10 * prior_range: if prior_close < (prior_day_high + prior_day_low)/2: filter_active = true return filter_active else: return false", "why_it_works": "Captures a well-documented 'quiet before the storm' effect during a low-volatility open, often leading to a directional move after the range expands, especially when the prior day's bias is bearish, based on La Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com