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Sample report · Basic Test

Basic Test: does it have an edge?

A short, clear answer: your rules, the results and a plain verdict.

01Your rules

We write your rules back so a computer can follow them, and you confirm them before anything runs.

Market and timeframeUSDJPY, 4H chart, all sessions
BiasTrendlines from the Monthly down to the 4H, drawn from xxxxxxxxxx swings
SetupA 4H candle closes past a live trendline. Two zones open: the broken line and the xxxxxx gap
Entry trigger4 triggers at a zone (xxxxxxxx, xxxxxx, xxxxxxx, xxxxxxxxx). Entry at the trigger candle's close
StopBehind the most recent xxxxxxx swing. Skip the trade if under 20 or over 120 pips
ExitTrailing stop, xxxxxxxxx after +3R. No fixed target
LimitsMax 1 buy and 1 sell open. Line zone 3 trades, gap zone 2 trades, 60 candles each
Risk1% of the account per trade

02Test setup

MarketUSDJPY 4H
PeriodJan 2020 – Oct 2026
Length6.8 years
DataTradingView (FXCM)

Every 4H candle is processed in order, using only closed candles. No peeking at the future.

03Costs

Cost per trade1.5 pips
CoversSpread + commission

Costs are taken off every trade. Many strategies that "work" stop working here.

04Results

Trades555
Win rate33.5%
Total profit+191.4R
Per trade+0.35R
Average win+2.65R
Average loss−0.83R
Worst drop at 1%14%
Longest losing streak8

Equity curve, in R

0R50R100R150R200R2020202120222023202420252026

At 1% risk per trade, $1,000 would have grown to about $5,620.

05Honest verdict

Edge: yes, on this data, after costs.

  • 2 in 3 trades lose. The profit comes from bigger winners (+2.65R vs −0.83R).
  • Fragile: just 10 of 555 trades made 77% of the profit. Skip setups and most of the edge is gone.
  • The worst streak was 8 losses. With these odds, expect up to about 13 in a row, even when every rule is followed.

06Disclaimer

Backtest results, not a promise of future profit. Not financial advice. Not included: slippage beyond the cost above, news spikes, swap fees, and execution delays. Live results can be worse than a backtest.

What we need from you: the 11 core items

  1. Market and timeframe
  2. Trading hours or sessions
  3. Bias: how you decide buy or sell
  4. Setup: what must be in place
  5. Entry trigger and entry price
  6. Stop loss
  7. Exit or target
  8. Limits: max trades, max open
  9. Risk % per trade
  10. 2–3 example trades (screenshots help)
  11. Your broker's costs (spread, commission)