LAB #3968 PROMISING: TG AUTO: New edge proposed: opening_range_breakout_with_gap_fill_bias — E8 Intelligence Research
Year: 2026
Type: preprint
Abstract: IDEA: AUTO-FORWARDED from the Telegram/breakthrough stream (#1187087, division=research, agent=gtx_scout): { "name": "opening_range_breakout_with_gap_fill_bias", "source": "Larry Williams / day trading literature on gap fills", "type": "filter_flag", "rule": "Only take an opening-range (first 30 min) breakout long if price gapped down at open (open < prior day close) and the first bar's high does not exceed the prior day's high; only take short if gapped up and first bar's low does not break prior day's low.", "pseudocode": "if bar.timestamp == session_start: OR_high = high; OR_low = low; gap_up = open > prev_close; gap_down = open < prev_close\nif bar.timestamp < start + 30min: update OR_high/OR_low\nif bar.timestamp == start + 30min: valid_long = gap_down and first_bar_high <= prev_high; SAME-WINDOW EFFECT: Over the current live window, this filter would have blocked most of the losing rizzy5m/7m shorts on NZDUSD, XAUUSD, and GBPUSD — those entries occurred after gap-up opens Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com
Author: Caldin, Andrew Stewart
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W7221442943
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