03 — Methodology

Methodology & integrity

How the historical study was produced, and how it can be verified independently.
3.1

Data

Source
IC Markets MT5 price history, 1-minute bars
1-minute bars
2,743,318
First bar
2019-01-02 01:00:00 UTC
Last bar
2026-10-02 06:18:00 UTC
Median spread
0.05 USD
Spread treatment
Real spread of every bar
Commission
3.00 USD per lot round turn (1.50 per side)
Leverage
1:1000 (recommended; minimum 1:500)
Contract size
100 oz per lot
Swap
Not included
3.2

Dataset fingerprint

e43f957096900c33318c0f9e8f23e09673f87f2aa7a731ac2b08db7cb6725ee0

SHA-256

SHA-256 is a cryptographic hash: any change to the file, even a single price, produces a completely different fingerprint.

The exact price file used in this study can be provided to qualified parties on request. Its SHA-256 fingerprint must match the value above, so the data cannot be altered after publication.

3.3

Backtest method

  1. 01Every 1-minute bar of the period is replayed in order; orders are filled at the open of the bar with the real bar spread
  2. 02Take profit is checked against the high and low of each bar
  3. 03Equity is valued at the worst price of each bar (conservative)
  4. 04Commission is charged on every opening and closing deal
3.4

Disclosed rules

  • Trades XAUUSD only, decisions on the 1-minute chart
  • All results are based on a 200,000 USD account
3.5

Verification

Forward figures are read automatically from MetaTrader 5. Read-only access to the account is provided during the evaluation phase described on the Licence page.