Every trading strategy looks good until you test it.

I take the strategies people actually trade, test them at scale on real tick data with real costs, and publish whatever's left standing.

A histogram of 2,000 coin runs, each counting how many survivors luck produced. A line marks the strategy's 1,073, left of the middle: most coin runs did better.

Study 01 · Latest

The Opening Range Breakout vs. a Coin

I tested 12 documented variations of the opening range breakout on seven markets. 1,073 survived. A coin, sent through the same test, usually did better.

47,555,893versions tested
1,073survived all three rounds
0 / 78pairs that beat luck
See the whole test

I test trading strategies until they break.

Walk Forward is a YouTube channel and a research practice. Each study takes a strategy people really trade and tests it at scale: real tick data, real costs, final years never used to pick anything, and a coin at the finish to check it isn't luck. Then all of it gets published, data included.

Want your own strategy put through the same test? I do that as paid work, and you get the result either way: hello@walkforwardhq.com

Get the next test when it's done

One email when a study is finished, with the result and the data, whether the strategy survives or not. Part two of the ORB study, the entries people say fix it, is one of them.

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