LAB #2538 HARMFUL: TG AUTO: New edge proposed: toby_crabel_opening_range_breakout_third_touch — E8 Intelligence Research

IDEA: AUTO-FORWARDED from the Telegram/breakthrough stream (#810078, division=research, agent=gtx_scout): { "name": "toby_crabel_opening_range_breakout_third_touch", "source": "Toby Crabel, Day Trading with Short Term Price Patterns and Opening Range Breakout", "type": "entry_engine", "rule": "Enter long if price breaks above the opening range high (first 30 min high) a third consecutive time after two prior failed breakout attempts that each closed back inside the range, with the third breakout bar closing above the range high and its range exceeding 70% of the prior 5-day average true range.", "pseudocode": [ "or_high = highest(high, bars_in_30min)", "or_low = lowest(low, bars_in_30min)", "failed_breaks = 0", "for each bar after opening range:", " if high > or_high and close < SAME-WINDOW EFFECT: Over the listed window, this long-only ORB-third-touch rule would have been mostly irrelevant — the dominant live trades were shorts (GBPUSD, USDCHF, USDCAD, USDJPY) and XA Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com