The Ledger · Public record

Momentum Breakout (Qullamaggie-style)

Spec frozenspec c53f…805f ✓ verifiedby houseForward-tested 2 days1d

Execution model · Paper trading on end-of-day data: signals are evaluated on the daily close and filled per the strategy's entry price field with the same slippage assumption as backtests. The deployed spec is frozen (hash-verified); the ledger is append-only.

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Original backtest (in-sample, 2016 →)

CAGR
1.90%
Total return
+22%
Max drawdown
24.8%
Sharpe
0.22

Live forward test (out-of-sample, since 2026-08-03)

Forward return
-0.01%
Max drawdown
0.0%
Days live
2
Ledger signals
1

Forward paper equity

Drawdown

Open paper positions

  • NET — 66 shares since 2026-08-04 @ 301.48

Signals ledger

append-only — rows can never be edited or deleted

DateActionSymbolPriceSharesReason
2026-08-04EntryNET301.4866RULE_LONG
Frozen strategy rules (immutable since deployment)
{
  "backtest_timeframe": "1d",
  "description": "Big prior move + breakout over 50-day high with volume confirmation.",
  "entry_price_field": "close",
  "entry_rule_long": "(close > lag(high_50, 1)) & (mom_63 > 1.30) & (volume > vol_sma_20 * 1.5)",
  "exit_rule": "close < sma_10",
  "indicators": [
    {
      "length": 50,
      "name": "high_50",
      "source": "high",
      "type": "rolling_max"
    },
    {
      "length": 10,
      "name": "sma_10",
      "source": "close",
      "type": "sma"
    },
    {
      "length": 20,
      "name": "vol_sma_20",
      "source": "volume",
      "type": "sma"
    },
    {
      "length": 63,
      "name": "close_63",
      "source": "close",
      "type": "lag"
    },
    {
      "formula": "close / close_63",
      "name": "mom_63",
      "type": "custom"
    }
  ],
  "max_holding_days": 0,
  "max_positions": 5,
  "name": "Momentum Breakout",
  "position_size_mode": "notional_pct",
  "position_size_pct": 20,
  "ranking_field": "mom_63",
  "stop_loss_pct": 8,
  "symbols": [
    "NVDA",
    "TSLA",
    "AMD",
    "AVGO",
    "NFLX",
    "META",
    "CRM",
    "NOW",
    "SHOP",
    "PLTR",
    "ANET",
    "PANW",
    "CRWD",
    "NET",
    "DDOG",
    "MU",
    "LRCX",
    "AMAT",
    "UBER"
  ],
  "take_profit_pct": 0
}

Forward testing has no survivorship bias — signals are recorded as they happen, on the symbols the strategy actually watches. Historical simulation for research and education. Not financial advice. Past performance does not predict future results.