premium-discount

Name: premium-discount
Author: SKE-Labs

15stars2forks

How to install premium-discount?

ske-labs/agent-trading-skills/premium-discount

$npx -y skills add SKE-Labs/agent-trading-skills --skill premium-discount

Installs into the current project.

Summary

Measure price location within a chosen swing range using ICT premium/discount terminology. Use when testing whether above/below-midpoint location adds value to an existing directional setup.

Files · 1

View on GitHub

SKILL.md

1	# Premium & Discount Trading
2
3	This convention labels price above a selected range midpoint "premium" and below it "discount." It describes relative location, not fundamental value, equilibrium, or an obligation to oscillate.
4
5	## Core Concept
6
7	Equilibrium = (Swing High + Swing Low) / 2
8
9	\| Zone \| Location \| Action \|
10	\| --------------- \| --------- \| ---------------------- \|
11	\| Premium \| Above 50% \| Upper half of selected range \|
12	\| Midpoint \| At 50% \| Arithmetic midpoint \|
13	\| Discount \| Below 50% \| Lower half of selected range \|
14
15	### Trading Zones
16	- Test long and short filters separately; below/above 50% is not an entry by itself.
17	- If evaluating OTE, compare the Fibonacci band with continuous location and equal-width control bands.
18
19	## Workflow
20
21	1. Identify the swing range using a fixed pivot/timeframe algorithm and only information available at the timestamp:
22	```
23	get_candles_around_date(symbol=<symbol>, exchange=<exchange>, interval="1d", date=<date>)
24	```
25	2. Draw Fibonacci using `draw_chart_analysis` with `fib_retracement` (0% = Swing High, 100% = Swing Low)
26	3. Determine current position: Above 50% = Premium, Below 50% = Discount
27	4. Mark levels using `draw_chart_analysis`: equilibrium with `support`/`resistance`, OTE zone with `demand`/`supply`
28	5. Combine with a separately defined direction hypothesis and report conflicts.
29	6. Apply a predeclared entry trigger; range location alone is `watch`, not a trade.
30	7. Use a fixed execution timeframe and closed bars; avoid hindsight swing changes.
31
32	## Evidence and Validation
33
34	- Treat the setup as a testable hypothesis, not a prediction. Define thresholds, entry, invalidation, and exit before evaluating outcomes.
35	- Calibrate on the same instrument, venue, session, and timeframe. Use closed candles and a held-out or walk-forward sample; record every variant tried.
36	- Include spread, fees, slippage, borrow or funding, partial fills, and latency. Reject the setup when net expectancy is not positive or depends on one narrow parameter.
37	- Return observed inputs, missing data, cost assumptions, entry, invalidation, exit, and a valid, watch, or no-trade status.
38	- Research basis: Empirical [Fibonacci research](https://www.sciencedirect.com/science/article/abs/pii/S0957417421012495) does not support special standalone bounce power for retracement ratios; the 50% split is a descriptive range location, not fundamental value.
39
40	## Key Rules
41
42	- Do not infer institutional accumulation/distribution or a "retail trap" from range location.
43	- Permit both directions in either half when a separately validated strategy does; test the filter incrementally.
44	- State range endpoints, confirmation status, timeframe, and midpoint explicitly.
45	- Treat 50% as arithmetic, not an empirical decision boundary or fair value.
46
47	## Related Skills
48
49	- optimal-trade-entry — OTE provides the precise entry within premium/discount zones
50	- market-structure-shift — Structure determines whether to look for entries in premium or discount

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premium-discount

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View on GitHub

How to install premium-discount?

ske-labs/agent-trading-skills/premium-discount

$npx -y skills add SKE-Labs/agent-trading-skills --skill premium-discount

Installs into the current project.

Summary

Measure price location within a chosen swing range using ICT premium/discount terminology. Use when testing whether above/below-midpoint location adds value to an existing directional setup.

Files · 1

View on GitHub

SKILL.md

1	# Premium & Discount Trading
2
3	This convention labels price above a selected range midpoint "premium" and below it "discount." It describes relative location, not fundamental value, equilibrium, or an obligation to oscillate.
4
5	## Core Concept
6
7	Equilibrium = (Swing High + Swing Low) / 2
8
9	\| Zone \| Location \| Action \|
10	\| --------------- \| --------- \| ---------------------- \|
11	\| Premium \| Above 50% \| Upper half of selected range \|
12	\| Midpoint \| At 50% \| Arithmetic midpoint \|
13	\| Discount \| Below 50% \| Lower half of selected range \|
14
15	### Trading Zones
16	- Test long and short filters separately; below/above 50% is not an entry by itself.
17	- If evaluating OTE, compare the Fibonacci band with continuous location and equal-width control bands.
18
19	## Workflow
20
21	1. Identify the swing range using a fixed pivot/timeframe algorithm and only information available at the timestamp:
22	```
23	get_candles_around_date(symbol=<symbol>, exchange=<exchange>, interval="1d", date=<date>)
24	```
25	2. Draw Fibonacci using `draw_chart_analysis` with `fib_retracement` (0% = Swing High, 100% = Swing Low)
26	3. Determine current position: Above 50% = Premium, Below 50% = Discount
27	4. Mark levels using `draw_chart_analysis`: equilibrium with `support`/`resistance`, OTE zone with `demand`/`supply`
28	5. Combine with a separately defined direction hypothesis and report conflicts.
29	6. Apply a predeclared entry trigger; range location alone is `watch`, not a trade.
30	7. Use a fixed execution timeframe and closed bars; avoid hindsight swing changes.
31
32	## Evidence and Validation
33
34	- Treat the setup as a testable hypothesis, not a prediction. Define thresholds, entry, invalidation, and exit before evaluating outcomes.
35	- Calibrate on the same instrument, venue, session, and timeframe. Use closed candles and a held-out or walk-forward sample; record every variant tried.
36	- Include spread, fees, slippage, borrow or funding, partial fills, and latency. Reject the setup when net expectancy is not positive or depends on one narrow parameter.
37	- Return observed inputs, missing data, cost assumptions, entry, invalidation, exit, and a valid, watch, or no-trade status.
38	- Research basis: Empirical [Fibonacci research](https://www.sciencedirect.com/science/article/abs/pii/S0957417421012495) does not support special standalone bounce power for retracement ratios; the 50% split is a descriptive range location, not fundamental value.
39
40	## Key Rules
41
42	- Do not infer institutional accumulation/distribution or a "retail trap" from range location.
43	- Permit both directions in either half when a separately validated strategy does; test the filter incrementally.
44	- State range endpoints, confirmation status, timeframe, and midpoint explicitly.
45	- Treat 50% as arithmetic, not an empirical decision boundary or fair value.
46
47	## Related Skills
48
49	- optimal-trade-entry — OTE provides the precise entry within premium/discount zones
50	- market-structure-shift — Structure determines whether to look for entries in premium or discount

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6 picks

Type