the original source
Revelio Trading — “I Coded fxalexg’s Trading Strategy. Does It Work?” ↗, published 26 June 2026. The creator describes a mechanical interpretation of the publicly described rules, tested across 16 FX pairs and roughly 10 years of data using Python 3.12.
realshyt presents an editorial breakdown of that research. We have not independently run or reproduced the underlying backtest.
what the source reports
- the claim
- 60–65% win rate at a stated 1:4 risk-to-reward. This is the claim the source sets out to examine.
- the reported result
- An average win rate around 21%, and a simulated $10,000 account ending at $21 under the source’s test assumptions.
- the scope
- One researcher’s interpretation of fixed rules over 16 FX pairs. It does not establish every trader’s result or every implementation’s performance.
jump to the working
the limits belong beside the numbers
- Results depend on the exact rule interpretation, data and execution assumptions. We did not audit the code, dataset or costs.
- The Monte Carlo illustrations are hypothetical, not observed account returns.
- The source’s “4%” figure describes configurations, not the probability of winning an individual trade.
- Choosing the best pairs or settings after seeing results can introduce overfitting. A selected historical winner needs fresh testing.
- Backtest results may contain errors. Past performance does not guarantee future performance.
This is educational commentary, not financial advice or a recommendation to trade. realshyt is not affiliated with or endorsed by fxalexg or Revelio Trading.
got a correction or the original data?
Send the specific claim, source and timestamp to bilal@realshyt.com. We’ll review it and update these notes if the evidence warrants it.
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