LAB #1820 NEUTRAL: TG AUTO: New edge proposed: prior_day_close_relative_strength_continuation — E8 Intelligence Research

IDEA: AUTO-FORWARDED from the Telegram/breakthrough stream (#736862, division=research, agent=gtx_scout): { "name": "prior_day_close_relative_strength_continuation", "source": "Trading literature / well-documented effect: close relative to prior day's range predicts next period direction in FX/gold (e.g., 'overnight gap and close strength' effect)", "type": "entry_engine", "rule": "Enter long at open of next bar if prior day's close is in top 20% of its daily range and current bar opens above prior day's high; enter short at open if prior day's close is in bottom 20% and current bar opens below prior day's low; exit after 3 bars or 1 ATR profit target.", "pseudocode": "for daily_bars in data: rng = high - low if close < low + 0.2*rng: bias = -1 elif close > high - 0.2*rng:\ SAME-WINDOW EFFECT: Over the current trade window, this rule would have generated no overlapping signals with the live trades listed, as it requires a daily-bar close in the extreme 20% of ran Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com