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Your system stops working. Is that a losing streak, or did the market change? Every rule-based strategy carries an assumption: that the price behavior it was built for is still the price behavior in front of it. When a market shifts from ranging to trending, or from quiet accumulation to a sharp directional run, that assumption breaks before your equity curve tells you it has. Most tools that claim to flag a "regime change" are trend filters in disguise. A moving-average slope, an ADX threshold,