RESEARCH FRAMEWORK
News-reaction framework
Studies post-release price behaviour while treating spread and slippage as primary variables.
Only the measurements the rule needs
Economic calendarConsensus surpriseSpread logStructure
Conditions before an entry exists
- Release timestamp and revision policy are exact
- Trading permission and platform restrictions are checked
- Maximum spread and latency rules are hard limits
ENTRY
Only after a defined post-release stabilisation or structure condition.
STOP
Event-volatility adjusted, with a no-fill and maximum-slippage rule.
EXIT
Time stop, fixed R or structure-based rule.
DO NOT TRADE
Pre-release gambling, unbounded slippage and prohibited prop-firm windows.
What has to happen before capital is at risk
1Archive vintage consensus
2Log rejected trades
3Model worst fills
4Separate release types
Report gross and net results, the full eligible sample, maximum drawdown, trade distribution and any rule changes. Then repeat on data that did not influence the design.
Use the same protocol every time.
The CSV test plan records eligibility, costs, execution, outcome and rule adherence without turning an example into a promise.
Download test-plan CSV ↓