A sample report
A real backtest, not a mock-up: Carson’s own research into a rule set published in 1983, not a customer’s strategy. It is a sample and it is one run - it does not settle anything about the rules it tests, and nothing on this page says whether they are worth trading.
This run was not placed through the order form — it is our own research, run directly against the study’s data. What follows is what ordering the same analysis would look like: the kind of run it maps to, and the rules as they would read in a customer’s own words. This is the section that shows a prospect what they will be asked for, so it is worth being complete.
Kind of run
Contract and history
13.6 years is longer than the order form’s current 10-year maximum. This run was not placed through that form, and this is stated rather than quietly rounded down.
The rules, as free text
System 1 enters on a 20-day channel breakout and exits on a 10-day channel; System 2 enters on a 55-day breakout and exits on a 20-day channel. The stop is 2N, where N is Wilder’s 20-day average true range (a measure of how much the market typically moves in a day), and both systems share one account. Units — position-sized blocks of contracts — are added at half-N intervals to a maximum of four per market, and each unit is sized off the equity standing at the moment it fills: 1% of current equity divided by N times the dollar value of a point, floored at one contract.
Full figures for this run are in Reports.