The maximum drawdown reported in a backtest is the largest peak-to-trough decline that occurred during the specific historical period tested. It is a fact about […]
The Sharpe ratio is the most widely reported performance metric in algorithmic trading. It appears in every backtest report, every strategy comparison, every vendor pitch. […]
This article takes no position on who is right, who started what, or how the conflict should end. Those are political questions. What follows is […]
Two EAs. Both run on EURUSD for four years. Both produce a profit factor of 1.82. Both show smooth equity curves with drawdowns under 12%. […]
The 2025–2026 gold cycle — a 113% rally from $2,624 to $5,589 followed by a 20% drawdown in under eight weeks — exposes a structural […]
A backtest is a single path through history. Your EA ran across those specific years, in that specific sequence of price movements, and produced those […]
The EA has a 68% win rate over 120 trades. The developer presents this as evidence of a genuine edge — and on the surface, […]