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GBPUSD M5: How to Run a Credible 500-Trade Study

Research protocol · Reviewed 24 Aug 2026

A 500-trade GBPUSD M5 study can expose rule drift, execution sensitivity, and changing market regimes, but sample size alone does not make the conclusion reliable. The setup, session, cost model, and treatment of skipped signals must be frozen before the first observation.

The 50-trade checkpoint

CHECK 31

Audit rule drift without optimizing the strategy

Pause every fifty observations to audit missing fields, duplicate trades, impossible fills, and rule adherence. Do not change the setup at the checkpoint. Corrections to the data are allowed; changes to the strategy begin a new version and a new sample.

  1. Reconcile trade IDs with screenshots or notes.
  2. Count skipped valid signals.
  3. Flag same-bar sequence ambiguity.
  4. Store any rule change as a separate version.

Five hundred trades are persuasive only when trade 500 follows the rule written before trade one.

Freeze the setup before trade one

Define the level, required prior touches, candle-close condition, stop placement, target, London-session clock, maximum spread, and event exclusions. Store one accepted and one rejected example. If a condition changes, close the current version rather than blending old and new trades.

Report the distribution, not a victory number

Publish trade count, date coverage, win rate, average realised win and loss, profit factor, drawdown, cost assumptions, and results by untouched time segment. Include the worst segment and a downloadable ledger if the page makes numerical performance claims.

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