Live track record

The system trades a diversified universe of roughly one hundred futures markets spanning equity indices, government bonds, short rates, currencies, metals, energy and agriculture. Signals combine classic trend following across several speeds with carry and a small set of complementary systematic families, computed once per day on end-of-day settlement prices. Position sizing targets a constant portfolio volatility; a dynamic optimiser translates targets into whole contracts under explicit cost and margin penalties. The futures programme is sized on the full account value. On top of that, half of the account is invested in a passive overlay of world equity and gold ETFs at a fixed 70/30 split, unhedged; the margin efficiency of futures leaves enough cash to carry both, for roughly 150 percent total deployment. All figures on this page derive from the broker-reported account value in CHF, indexed to 100 at the close before the first trade. The USD track translates that value at the daily USD/CHF rate and therefore contains currency translation that is not part of the strategy. Nothing is converted in the browser. The configuration was frozen and the expectation band preregistered before validation began. During the validation phase orders go to a paper account with simulated fills, so execution quality is precisely what this phase is designed to prove. Backtests behind the expectation band include commissions, spreads and roll costs. Drawdowns are computed on compounded equity and annualised figures use 256 trading days. The methodology is fixed for the duration of the validation; any change would be published as a dated revision.

The expectation band and the evaluation figures start at a dated anchor when a closed model error distorted the track before it; the anchor and its reason are stated on the chart and in the event analysis. The track itself is never restated.