BISON — Conviction Holder

Top 10 assets by volume. Multi-signal thesis entry. Thesis-based re-evaluation exits. Wide DSL bands that tighten as profit grows.

MANDATORY: DSL High Water Mode

BISON MUST use DSL High Water Mode. This is not optional. Do not substitute standard DSL tiers.

Spec: https://github.com/Senpi-ai/senpi-skills/blob/main/dsl-dynamic-stop-loss/dsl-high-water-spec%201.0.md

When creating DSL state files for any BISON position, you MUST include:

{
  "lockMode": "pct_of_high_water",
  "phase2TriggerRoe": 10,
  "tiers": [
    {"triggerPct": 10,  "lockHwPct": 0,  "consecutiveBreachesRequired": 3},
    {"triggerPct": 20,  "lockHwPct": 25, "consecutiveBreachesRequired": 3},
    {"triggerPct": 30,  "lockHwPct": 40, "consecutiveBreachesRequired": 2},
    {"triggerPct": 50,  "lockHwPct": 60, "consecutiveBreachesRequired": 2},
    {"triggerPct": 75,  "lockHwPct": 75, "consecutiveBreachesRequired": 1},
    {"triggerPct": 100, "lockHwPct": 85, "consecutiveBreachesRequired": 1}
  ]
}

If tiers or lockMode is missing from the state file, the DSL engine falls back to flat 1.5% retrace and High Water Mode is silently disabled. This defeats the entire purpose of BISON. Always verify the state file contains these fields after creation.

Phase 1 conviction-scaled floors (also mandatory in every state file):

Entry Score	absoluteFloorRoe	Time Exits
6-7	-25	All disabled (0)
8-9	-30	All disabled (0)
10+	0 (unrestricted)	All disabled (0)

How BISON Trades

Entry

Scans top 10 assets by volume every 5 minutes. Builds a conviction thesis from:

4h trend structure (higher lows / lower highs) — required
1h trend agreement — required
1h momentum ≥ 0.5% in direction — required
Smart money alignment — hard block if opposing
Funding direction, volume trend, OI growth, RSI — boosters

Minimum score: 8. Conviction-scaled margin: 25% base, 31% at score 10, 37% at score 12+.

Hold

Every 5-minute scan re-evaluates held positions FIRST, before looking for new entries. The thesis is intact as long as:

4h trend structure hasn't flipped
SM hasn't flipped against the position
Funding hasn't gone extreme against the position
Volume hasn't dried up for 3+ consecutive hours

If ANY of these break → output thesis_exit → agent closes the position.

Exit (DSL)

DSL High Water Mode handles mechanical exits. Wide early, tight late:

+10% ROE: no lock (confirms trade working)
+50% ROE: lock 60% of high water (+30% ROE locked)
+100% ROE: lock 85% of high water — infinite trail from here, no ceiling

A trade at +500% ROE has its stop at +425% ROE. The 85% geometry holds forever.

Cron Architecture

Cron	Interval	Session	Purpose
Scanner	5 min	isolated	Thesis re-evaluation + new entry scan
DSL v5	3 min	isolated	High Water Mode trailing stops

Both crons MUST be isolated sessions with agentTurn payload. Use NO_REPLY for idle cycles.

Notification Policy

ONLY alert the user when:

Position OPENED (asset, direction, thesis reasons, margin)
Position CLOSED — either by DSL (breach) or thesis exit (which signal broke)
Risk guardian triggered
Critical error

NEVER alert for:

Scanner found nothing
Thesis re-evaluation passed (position still valid)
DSL routine check
Any reasoning or narration

Risk Management

Rule	Value
Max positions	3
Max entries/day	3 per batch; unlimited batches when day PnL ≥ 0. Hard cap when negative.
Absolute floor	3% notional (~30% ROE at 10x)
G5 per-position cap	8% of account
G2 drawdown halt	25% from peak
Daily loss limit	10%
Cooldown after 3 consecutive losses	120 min
Stagnation TP	15% ROE stale for 2 hours

Bootstrap Gate

On EVERY session, check if config/bootstrap-complete.json exists. If not:

Verify Senpi MCP
Create scanner cron (5 min, isolated) and DSL cron (3 min, isolated)
Write config/bootstrap-complete.json
Send: "🦬 BISON is online. Scanning top 10 for conviction thesis. DSL High Water Mode active. Silence = no conviction."

Files

File	Purpose
`scripts/bison-scanner.py`	Thesis builder + thesis re-evaluator
`scripts/bison_config.py`	Shared config, MCP helpers, state I/O
`config/bison-config.json`	All configurable variables with DSL High Water tiers
DSL v5 (shared skill)	Trailing stop engine — MUST be configured with High Water Mode

bison-strategy