LAB #2644 NEUTRAL: LEDGER BENCH: Apply filter: NZDUSD LONG — improves win rate from 31.0% to 38.6% (+7.5pp, n=70) — E8 Intelligence Research

IDEA: Adjustment made to the live model — verify against the backtests: Apply filter: NZDUSD LONG — improves win rate from 31.0% to 38.6% (+7.5pp, n=70) SAME-WINDOW EFFECT: Applying the NZDUSD LONG filter would have had zero impact on the current live window — none of the 10 trades listed involve NZDUSD, and the filter does not alter entry logic for other pairs. The claimed +7.5pp win-rate improvement (n=70) is not observable in this sample, so the live PnL delta is nil. The only indirect effect would be a slight reduction in trade frequency if NZDUSD longs were previously taken — but none appear here. Thus, this filter is irrelevant to the current trade set. OVER-TIME PROJECTION: Over 3–6 months, the filter could plausibly improve overall win rate if the 70-trade backtest is representative and not curve-fit to a specific regime. However, the sample is small (n=70) and the improvement is concentrated in one pair/direction — likely regime-dependent (e.g., NZD strength during carry-tra Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com