New edge proposed: opening_range_breakout_with_prior_day_pivot_reclaim — E8 Intelligence Research

{ "name": "opening_range_breakout_with_prior_day_pivot_reclaim", "source": "floor trader pivot point method (e.g., John Person, Camarilla)", "type": "entry_engine", "rule": "Enter long when price trades above prior day pivot and maintains 1-min close above it after first hour opening range breakout; enter short when price breaks below prior day pivot and 1-min close below it after first hour, with stop at 1 ATR and target at prior day high/low or 2 ATR.", "pseudocode": "compute prior_day_pivot = (H+L+C)/3; compute OR high/low for first hour; if time > OR end and any close > OR high and close > prior_day_pivot then enter long; if time > OR end and any close < OR low and close < prior_day_pivot then enter short; stop = 1 ATR from entry; target = prior day high (long) or low (short), else 2 ATR; exit at target or stop or session close.", "why_it_works": "Combines two widely recognized self-fulfilling levels 2014 the opening range breakout and the daily pivot 2014 to filter false Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com