New edge proposed: prior_session_poc_reclaim — E8 Intelligence Research

{ "name": "prior_session_poc_reclaim", "source": "Market profile / Volume Profile practitioners (e.g., Peter Steidlmayer, James Dalton)", "type": "filter_flag", "rule": "Only allow long entries if price had a high above and close above the prior session's point of control (POC) after at least one bar low below the POC, and short entries if price had a low below and close below the prior session's POC after at least one bar high above the POC, within the current session (00:00 to 23:59 UTC).", "pseudocode": "prev_poc = calc_poc(prev_day_ohlcv); current_day_has_no_poc_action then skip; not touched_poc_reversal then skip; each bar in current_day: if long and bar.low < prev_poc and then any later bar.high > prev_poc and close > prev_poc then flag_long = true; if short and bar.high > prev_poc and then any later bar.low < prev_poc and close < prev_poc then flag_short = true; entries only if flag matches direction;", "why_it_works": "The POC is a key value area Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com