LAB #2878 NEUTRAL: TG AUTO: New edge proposed: gap_and_go_with_volume_confirmation — E8 Intelligence Research

IDEA: AUTO-FORWARDED from the Telegram/breakthrough stream (#848851, division=research, agent=gtx_scout): { "name": "gap_and_go_with_volume_confirmation", "source": "Toby Crabel, 'Day Trading with Short Term Price Patterns and Opening Range Breakout'", "type": "entry_engine", "rule": "Enter long if the current bar's open is at least 1.5 ATR(14) above the previous bar's close (gap up) and the current bar's volume exceeds the 20-bar average volume by 50%, targeting the prior day's high plus 1 ATR(14) with stop at the current bar's low minus 0.5 ATR(14).", "pseudocode": "if bar.open >= prev_close + 1.5*ATR14 and volume > 1.5*SMA20(volume): entry = max(bar.close, bar.open) stop = bar.low - 0.5*ATR14 target = prior_day_high + ATR14 if bar.high >= target: exit at target SAME-WINDOW EFFECT: Over the current window, this rule would have filtered out most rizzy5m entries, as none of the listed trades show a 1.5 ATR gap-up with 1.5x volume confirmation at entry — Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com