Abstract / Summary
IDEA: AUTO-FORWARDED from the Telegram/breakthrough stream (#855420, division=research, agent=gtx_scout): { "name": "prior_day_bias_continuation_with_momentum_filter", "source": "Larry Williams' 'Long-Term Secrets to Short-Term Trading' - Oops/Bias trading concept", "type": "filter_flag", "rule": "Only take long entries when today's open is above the prior day's close AND the prior day closed in the top 30% of its daily range; only take short entries when today's open is below the prior day's close AND the prior day closed in the bottom 30% of its daily range.", "pseudocode": "if bar.tf == daily: prior_close = close[1]; prior_range = high[1] - low[1]; prior_pos = (close[1] - low[1]) / prior_range; bull_bias = open > prior_close and prior_pos >= 0.70; bear_bias = open < prior_close and prio SAME-WINDOW EFFECT: Over the current trade window, this filter would have blocked most of the short entries on GBPUSD, USDCHF, and USDJPY unless the prior day closed in the bottom 30% of its r Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com