Level 5 Gate Study

On Kalshi's KXBTC15M market, choosing the most liquid contract, this strategy checks conditions every 10 seconds. It holds at most 50 contracts, with prices allowed between 0.05 and 0.99, though other runtime checks can block orders. Rules run top to bottom, and the first match acts and ends that tick. A long YES exits if the YES bid is at or below 0.35, or if spot sits below the strike. A long NO exits if the NO bid is at or below 0.35, or if spot sits above the strike. Between 15 and 2 minutes to expiry, a YES position also exits if its bid reaches 0.995, and a NO position exits if its bid reaches 0.995. Entry needs total position under 50, no working orders, a positive Bitcoin price, 8 minutes or less to expiry, and a tight spread of 0.02 or less. The YES entry requires spot at least 100 above strike, EMA above strike, positive 5-minute change, non-negative 1-minute velocity, and a YES ask between 0.9 and 0.99, then buys 50 YES. The NO entry mirrors this: spot at least 100 below strike, EMA below strike, negative 5-minute change, non-positive velocity, and a NO ask between 0.9 and 0.99, then buys 50 NO. Entries are immediate or cancel.