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AUDCAD vs EURUSD: How to Run a Matched Backtest

Research protocol · Reviewed 24 Aug 2026

Comparing a familiar major with a quieter cross can reveal whether a setup depends on spread, session, or trend structure. It requires matched dates and rules; one pair cannot receive a more favourable sample.

Convert costs and outcomes to equal account risk so different pip values do not decide the comparison.

Matched-pair comparison

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Give AUDCAD and EURUSD the same opportunity set

Run the exact setup over the same calendar periods and session constraints. Match risk, cost model, maximum trades, and data quality. A less-traded pair should not be called better because it happened to receive a different market regime or fewer weak signals.

  1. Use equal date segments.
  2. Record spread assumptions separately for each pair.
  3. Report opportunity and trade counts.
  4. Repeat on a later untouched period.

Outperformance is a dated comparison, not a personality trait of a currency pair.

Match everything except the pair

Use the same signal, timeframe, calendar segments, session rule, risk per trade, stop method, target, and maximum trades. Apply pair-specific but realistic costs and state the data source.

Demand a holdout result

Compare expectancy, drawdown, trade frequency, time in trade, and cost sensitivity by period. Only a later untouched segment can show whether the observed difference survived outside the design sample.

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