Northmark

VERIFICATION LEDGER

What we back-tested, and what actually survived

Most sites publish only the strategies they want you to trade. This is the full ledger: every systematic study we ran, scored on the same axis, failures included. Publishing the failures is the point — a method that survives 43 pre-registered tests is worth more than one that was never tested.

43
studies
4
live
28
failed outright
What was testedVerdictSurvivorsOut-of-sampleDeflated Sharpe
24-hour drift after economic-event surprisesRead the full studyLive2
Correlation systems: as an entry signal versus as exposure controlLive
US market close leading next-day Nikkei 225 and FXRead the full studyLive2
Correlation atlas across commodities, indices and volatilityLive2
Seven well-known retail methods (TD9, NR7/ORB, Turtle Soup, Gotobi, month-end rebalancing, weekend gap)Shadow3
An agent that watches every chart and decides trade by trade: does judgement beat the machine and a coin flip?Shadow0
CFTC Commitments of Traders speculative positioningClose, not enough00.1670.043
Grid trading: evenly spaced limit orders, small take-profits, no stop lossRead the full studyClose, not enough2
Japan MOF weekly cross-border portfolio flows and the yenClose, not enough00.2860.327
Japan MOF monthly outbound investment by investor sector (insurers, pensions, banks, trusts) and the yenClose, not enough00.3330.069
Extended Japan flow model: seven pairs with direction fixed by mechanismClose, not enough00.8330.413
Interest-rate carry: BIS policy-rate ranking, eight-currency cross-sectional portfolioRead the full studyClose, not enough00.8330.935
Every technical-analysis family combined pairwise and beyond, across all 21 pairsClose, not enough0
Applying the KAI persona rules to all 21 pairs: which ones actually make moneyClose, not enough2
Re-ranking every live strategy by calendar-year total profit instead of per-trade edgeClose, not enough0
Standard technical indicators (moving averages, MACD, RSI, Bollinger, ADX, currency strength)Failed outright0
Modern candlestick and chart patterns (engulfing, pin bar, Heikin-Ashi, Supertrend, Ichimoku)Failed outright0
Five trend-reversal detectors (MA200, MA50 slope, Supertrend, Donchian, CUSUM)Failed outright0
Trade-quality suite (SQN, e-ratio, holding-time optimisation)Failed outright0
Machine-learning meta-labelling to filter event-drift tradesFailed outright0
Scalping across 24 micro-session cells, priced with measured spreadsRead the full studyFailed outright0
Fibonacci combined with Elliott Wave, MACD and RSIRead the full studyFailed outright00.145
Portfolio-style technical factors (time-series momentum, relative strength, low volatility)Failed outright00.270
Six widely shared social-media logics (fair value gap, order block, liquidity sweep, session-limited entries, market structure shift, first-move fade) plus lot doublingRead the full studyFailed outright00.024
Commodity-currency basket against gold, silver and oilFailed outright00.396
US dollar net liquidity (Fed assets minus TGA minus reverse repo) against a dollar basketFailed outright00.327
Changes in interest rates: monetary-policy divergence, long the hiking sideFailed outright00.3330.119
A risk-off index used as a defensive gate on carryFailed outright00.1670.766
US market close leading next-day commodities, crypto, and Asian equity indicesFailed outright0
US-to-Nikkei transmission beyond correlation: volatility, gap-fill, asymmetry, multi-day driftFailed outright0
Deep-dive on the sole survivor: harmonic-PRZ times Bollinger fade under a true 1994-2009 holdoutFailed outright0
The full candlestick canon — 50 families including Sakata methods — across three eras since 1971Failed outright0
Machine learning at full power: gradient boosting and a Transformer on GPUs, with purged walk-forwardFailed outright0
Asymmetric payoff: trailing stops and reward-to-risk targets against time exits, resolved on 5-minute pathsFailed outright0
Separating entry from exit: edge ratio (MFE/MAE) scores entries without any exit ruleFailed outright0
Re-screening macro and positioning signals, then testing them episode by episodeFailed outright0
Adaptive exits that react to the trade thesis dying, versus a fixed time stopFailed outright0
Signal threshold versus trade frequency, judged by annual profit rather than per-trade edgeFailed outright0
Carry revisited pair by pair: annual totals across all 21 pairs against realistic swap markupsFailed outright0
Carry tested on CME currency futures, where there is no broker swap markup to blameFailed outright0
Can the strategy’s bad years be seen coming? Volatility, correlation and drawdown gates testedFailed outright0
The 50 candlestick families tested on gold, silver, bitcoin and stock indices: none survived, same as FXFailed outright0
Twelve aggressive strategy familiesFailed outright0

0.50 means no better than chance. Only values above 0.50 carry information.

How these were judged

Gates are registered before the test runs, so a result cannot be reinterpreted after the fact. Out-of-sample is scored only after the direction has been fixed on in-sample data. Deflated Sharpe discounts the number of variants tried, which is what makes most published back-tests unreliable. Reversing a sign after seeing the result counts as a failure, not a discovery.

Research records, not investment advice. Past back-test or live results do not predict future returns. Trading foreign exchange carries risk of loss.

Ledger updated: 2026-08-12