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New edge proposed: lack_of_conviction_reversal — E8 Intelligence Research

Year: 2026
Type: preprint
Abstract: { "name": "lack_of_conviction_reversal", "source": "Tom Williams' VSA (Volume Spread Analysis) - 'lack of demand' / 'lack of supply' pattern", "type": "entry_engine", "rule": "Buy when current bar closes above its open, bar range is less than 40% of the 15-bar average true range, volume is less than 60% of the 15-bar median volume, and the bar's close is below yesterday's high; reverse for sell.", "pseudocode": "if close > open and (high - low) < 0.4 * ATR(15) and volume < 0.6 * median_volume(15) and close < prev_high: buy\nelif close < open and (high - low) < 0.4 * ATR(15) and volume < 0.6 * median_volume(15) and close > prev_low: sell", "why_it_works": "This captures professional traders' careful entry on weak commitment after a move stalls, setting up for a counter-swing with minimal risk." } Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com
Language: English
Subfield: Finance
Open Access status: green
OpenAlex ID: W7203879645
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