New edge proposed: volume_clock_fade_after_90th_percentile_spike — E8 Intelligence Research

{ "name": "volume_clock_fade_after_90th_percentile_spike", "source": "Tom Williams / VSA (Volume Spread Analysis) 2014 climax volume after trend extremes", "type": "filter_flag", "rule": "Flag bar as filtering only if its volume exceeds the 90th percentile of prior 100 bars' volume AND the bar's close is within 15% of the bar's high (for a long setup) or within 15% of the low (for a short setup) AND the bar's range is >= 1.2 * ATR(14); this prevents entry on the same bar, but blocks any entry in the next 3 bars unless price closes back beyond that bar's extreme.", "pseudocode": "vol_p90 = percentile(volume[-100:], 90) volume[0] > vol_p90 and close[0] >= high[0] - 0.15 * (high[0]-low[0]): spike = true extreme = high[0] block_until = time[0] + 3 * bar_duration spike and time[0] < block_until: if close[0] > extreme: allow entries (breakout revalidation) else: skip entry on this bar: allow entry", "why_it_works": "Climactic volume after a dire Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com