Combined Portfolio — HSTECH ORB + HSI Gap Continuation   [Adaptive Allocation · Exact Live Backtest]

◆ HSTECH ORB: 07226 (2×long) & 07552 (−2×short)  •  ◆ HSI Gap Cont.: 07200 (2×long) & 07500 (−2×short)  •  ◆ SL Reversal: opposite ETF on SL hits  •  2025-01-02 → 2026-04-30  •  158 primary + 8 SL-reversal = 166 trades  •  Total: +HKD 216,144

Total P&L
+HKD 216,144
2025-01-02 → 2026-04-30
Total Return
+54.0%
on HKD 400,000 base capital
Annualised
+40.8%
1.32 years
Win Rate
84.6%
138W / 28L  (166 trades)
Profit Factor
9.02
gross wins / gross losses
Max Drawdown
0.72%
HKD 2,865  2025-03-03→2025-03-04
Calmar Ratio
57.01
Ann. return / Max DD
Sharpe Ratio
10.70
Daily active trades

▲ Regime A — AGREE  9 co-fire days

Both strategies fired in the same market direction. Both scaled to 2× notional.

HSTECH agree trades9 trades
HSI agree trades9 trades
HSTECH agree P&L+HKD 16,472
HSI agree P&L+HKD 29,531

▼ Regime B — CONFLICT  11 days

Strategies fired in opposite directions. HSTECH at 2×; HSI skipped.

HSTECH conflict trades11 trades at 2×
HSI conflict trades0 trades SKIPPED
HSTECH conflict P&L+HKD 34,726
HSI conflict WR (if taken)would avg −709/trade

■ Regime C — SOLO  129 trade days

Only one strategy fired. Trade at normal 1.0× notional.

HSTECH solo33 trades
HSI solo96 trades
HSTECH solo P&L+HKD 43,885
HSI solo P&L+HKD 79,487

◆ HSTECH ORB  53 trades

Total P&L+HKD 95,083
Win Rate83.0%
Profit Factor8.29
Max Drawdown1.84%
Calmar19.54
InstrumentsHK.07226 & HK.07552

◆ HSI Gap Continuation  105 trades (0 conflict skipped)

Total P&L+HKD 109,018
Win Rate85.7%
Profit Factor6.50
Max Drawdown1.79%
Calmar22.97
InstrumentsHK.07200 & HK.07500

◆ SL Reversal  8 trades

Total P&L+HKD 12,043
Win Rate50.0%
Profit Factor7.22
TriggerAny SL before 14:30
ActionEnter opposite ETF → EOD
ScaleAlways 1× (HKD 200K)

Cumulative P&L (HKD) — Total (green) · HSTECH ORB (purple) · HSI Gap (gold) · SL Rev (orange)

Monthly P&L — HSTECH (purple) · HSI Gap (gold) · SL Rev (orange)

Exit Type Distribution — all 166 trades

Capital Required

Minimum (HKD)
HKD 220,000
Solo days only — initial 50% pyramid + 10% buffer.
Base Capital (HKD)
HKD 440,000
Full 1× notional (2 × 200K) + 10% buffer for both strategies.
Agree-Day Peak (HKD)
HKD 880,000
2× both strategies (2 × 400K) + 10% buffer. ~9 agree days over period.
Max Drawdown
0.72%  (HKD 2,865)
2025-03-03 → 2025-03-04
Capital structure:  • Solo days: deploy HKD 200K in the active strategy; other 200K idle in cash.
• Conflict days (11 days): HSTECH at 2× (HKD 400K). Skip HSI.
• Agree days (9 days): HSTECH 2× + HSI 2× = HKD 800K peak.
• SL Reversal: on any SL hit before 14:30, immediately enter opposite ETF at 1× and hold to EOD.
• No overnight risk: all positions closed at 15:50 HKT.

Strategy Logic

◆ HSTECH ORB — Opening Range Breakout

1. ORB window 09:30–10:00 HKT on HK.800700 (HSTECH index).
2. Entry: first bar to break range high (+0.10σ) → long 07226; first bar to break range low (−0.10σ) → long 07552.
3. Filters at break bar: MACD(12,26,9) confirms direction; Tencent & Alibaba breadth both confirm; prev-day 20d σ < 2.20%.
4. Exit: pyramid 50%→100% at TP1 (0.30σ); sell 40% at TP1, trail 60% at 0.40σ; SL→BE after TP1; flatten 15:50 HKT.

◆ HSI Gap Continuation — Config ⑦ Pyramid+Trail

1. Gap detection: HSI open vs prior close at 09:35 bar (first bar).
2. Entry: gap 0.55%–2.00% → follow direction (gap up → long 07200; gap down → long 07500).
3. Conflict filter: if HSTECH fires opposite direction, skip this trade.
4. Exit: pyramid 50%→100% at TP1 (40% of gap×2); trail 60% at 0.40σ×2; SL = 1.0× gap×2; flatten 15:50 HKT.

Full Trade Log — 166 Trades (P&L at adaptive scale · ▲ AGREE = 2×   ⚡ CONF = 2× HSTECH only   solo = 1×)

DateStratETFRegimeEntry Time σ%Gap% Shares
(÷100 lots)		 Entry PxCapital P&LExitCumulativeDur
2025-01-02HSI▼ 7500solo09:351.09%-0.634%54,300
543 lots		3.681199,878+2,557trail+2,55715m
2025-01-07HSI▼ 7500solo09:351.19%-0.949%51,900
519 lots		3.851199,867+2,561trail+5,118240m
2025-01-09REV▲ 7552solo10:351.61%—59,300
593 lots		3.370199,841+945EOD+6,063315m
2025-01-09TECH▲ 7226solo10:101.61%—50,400
504 lots		3.963199,735-1,480SL+4,58225m
2025-01-13HSI▼ 7500solo09:350.94%-0.767%48,600
486 lots		4.109199,697+1,765trail+6,34710m
2025-01-16HSI▲ 7200solo09:350.93%0.876%55,000
550 lots		3.631199,705+1,984trail+8,33210m
2025-01-20HSI▲ 7200▲ AGREE09:350.96%1.126%106,600
1066 lots		3.751399,857 ×2+4,189trail+12,52115m
2025-01-20TECH▲ 7226▲ AGREE10:301.28%—90,700
907 lots		4.407399,715 ×2+1,265trail+13,78615m
2025-01-21HSI▲ 7200solo09:351.02%1.016%51,400
514 lots		3.885199,689+514trail+14,300120m
2025-01-22TECH▼ 7552solo10:001.40%—68,000
680 lots		2.941199,988+396trail+14,69620m
2025-01-24HSI▲ 7200▲ AGREE09:351.09%0.722%106,800
1068 lots		3.745399,966 ×2+1,514trail+16,21025m
2025-01-24TECH▲ 7226▲ AGREE10:051.56%—91,700
917 lots		4.359399,720 ×2+5,207trail+21,41765m
2025-01-28HSI▲ 7200solo09:351.15%0.692%50,600
506 lots		3.951199,921-1,065EOD+20,351145m
2025-02-03HSI▼ 7500solo09:351.15%-0.871%54,400
544 lots		3.671199,702+1,022trail+21,37315m
2025-02-04HSI▲ 7200solo09:351.15%1.341%50,400
504 lots		3.961199,634+2,268trail+23,6415m
2025-02-07TECH▲ 7226solo10:051.92%—37,200
372 lots		5.376199,987+565BE+24,20610m
2025-02-11HSI▲ 7200solo09:351.19%0.627%44,900
449 lots		4.451199,850+42BE+24,2485m
2025-02-12HSI▲ 7200▲ AGREE09:351.23%1.087%90,400
904 lots		4.423399,839 ×2+2,371trail+26,61940m
2025-02-12TECH▲ 7226▲ AGREE10:052.05%—70,900
709 lots		5.641399,947 ×2+1,254BE+27,87315m
2025-02-14HSI▲ 7200solo09:351.23%0.975%43,600
436 lots		4.585199,906+2,147trail+30,0205m
2025-02-17HSI▲ 7200solo09:351.38%0.596%40,600
406 lots		4.921199,793+990trail+31,0105m
2025-02-19HSI▼ 7500solo09:351.40%-0.868%71,400
714 lots		2.801199,991+196BE+31,2065m
2025-02-20HSI▼ 7500solo09:351.41%-0.992%71,300
713 lots		2.805199,996+1,790trail+32,99680m
2025-02-26HSI▲ 7200solo09:351.65%0.887%39,200
392 lots		5.091199,567+6,478trail+39,474360m
2025-03-03HSI▲ 7200solo09:351.97%0.845%39,800
398 lots		5.021199,836+180BE+39,6545m
2025-03-04HSI▼ 7500solo09:351.96%-1.426%71,500
715 lots		2.797199,986-2,865EOD+36,788375m
2025-03-05HSI▲ 7200solo09:351.91%1.127%39,400
394 lots		5.071199,797+1,701trail+38,48930m
2025-03-06HSI▲ 7200solo09:351.94%1.665%36,900
369 lots		5.411199,666+4,553EOD+43,042375m
2025-03-17HSI▲ 7200solo09:351.93%1.110%36,200
362 lots		5.521199,860+351BE+43,393220m
2025-03-25HSI▼ 7500solo09:351.90%-1.097%79,300
793 lots		2.521199,915+2,864EOD+46,257375m
2025-03-31HSI▼ 7500solo09:351.65%-0.937%76,300
763 lots		2.619199,830+239BE+46,497105m
2025-05-12HSI▲ 7200solo09:351.05%1.382%41,000
410 lots		4.875199,875+4,561trail+51,058335m
2025-05-14HSI▲ 7200solo09:351.30%0.901%40,800
408 lots		4.901199,961+757trail+51,81570m
2025-05-16HSI▼ 7500solo09:351.35%-0.870%82,600
826 lots		2.421199,975+196BE+52,01130m
2025-05-19HSI▼ 7500solo09:351.30%-0.809%81,500
815 lots		2.453199,920+157BE+52,16830m
2025-05-22TECH▼ 7552solo11:001.88%—112,800
1128 lots		1.773199,994+2,910EOD+55,078290m
2025-05-30HSI▼ 7500solo09:351.22%-0.992%83,200
832 lots		2.401199,763+1,123EOD+56,201375m
2025-06-02HSI▼ 7500solo09:351.27%-1.059%81,200
812 lots		2.461199,833+2,948trail+59,148210m
2025-06-05HSI▲ 7200solo09:351.27%0.738%38,800
388 lots		5.151199,859+112BE+59,2605m
2025-06-06TECH▼ 7552solo10:351.93%—112,600
1126 lots		1.775199,865+327EOD+59,587315m
2025-06-09HSI▲ 7200solo09:351.29%0.778%38,100
381 lots		5.246199,873+588trail+60,175110m
2025-06-12HSI▼ 7500solo09:350.97%-0.590%90,800
908 lots		2.201199,851+18BE+60,19335m
2025-06-18TECH▼ 7552solo10:051.51%—111,500
1115 lots		1.793199,920-236EOD+59,957345m
2025-06-19TECH▼ 7552solo10:501.54%—109,100
1091 lots		1.833199,980+3,455EOD+63,412300m
2025-06-23REV▲ 7200solo11:201.10%—39,500
395 lots		5.055199,672+2,208EOD+65,620270m
2025-06-23HSI▼ 7500solo09:351.10%-0.829%84,300
843 lots		2.371199,875-2,330SL+63,290105m
2025-06-24HSI▲ 7200solo09:351.06%0.606%38,600
386 lots		5.181199,987+2,926trail+66,216260m
2025-06-25HSI▲ 7200solo09:351.15%0.624%36,900
369 lots		5.411199,666+40BE+66,25610m
2025-07-02HSI▲ 7200solo09:351.12%0.964%37,300
373 lots		5.361199,965+841trail+67,0975m
2025-07-03TECH▼ 7552solo10:251.45%—112,100
1121 lots		1.783199,874-684EOD+66,413325m
2025-07-04HSI▼ 7500solo09:351.09%-0.703%89,200
892 lots		2.241199,897+601trail+67,01460m
2025-07-09TECH▼ 7552solo13:501.29%—113,700
1137 lots		1.759199,998+259BE+67,27275m
2025-07-18HSI▲ 7200solo09:351.00%1.057%35,700
357 lots		5.601199,956+248EOD+67,520375m
2025-07-21HSI▲ 7200solo09:350.90%0.667%35,000
350 lots		5.706199,710-285EOD+67,235375m
2025-07-23HSI▲ 7200▲ AGREE09:350.87%0.869%68,000
680 lots		5.881399,908 ×2+1,738trail+68,974220m
2025-07-23TECH▲ 7226▲ AGREE11:301.11%—68,400
684 lots		5.846399,866 ×2+4,119trail+73,09295m
2025-07-29TECH▼ 7552solo10:001.18%—129,900
1299 lots		1.539199,916+244trail+73,33610m
2025-07-30HSI▼ 7500solo09:350.80%-0.741%101,000
1010 lots		1.979199,879+500trail+73,8365m
2025-07-31HSI▼ 7500solo09:350.88%-0.771%98,400
984 lots		2.031199,850+1,360trail+75,19650m
2025-08-04TECH▲ 7226solo10:001.36%—38,100
381 lots		5.246199,873+3,083trail+78,279330m
2025-08-06TECH▲ 7226solo11:251.35%—36,700
367 lots		5.446199,868+623trail+78,90225m
2025-08-07TECH▼ 7552solo10:201.27%—126,900
1269 lots		1.575199,868+327trail+79,22920m
2025-08-08TECH▼ 7552solo13:451.26%—125,300
1253 lots		1.595199,854+1,072EOD+80,301125m
2025-08-13HSI▲ 7200solo09:350.90%0.828%34,700
347 lots		5.751199,560+4,310EOD+84,611375m
2025-08-14HSI▲ 7200solo09:351.05%0.597%33,200
332 lots		6.011199,565-1,864SL+82,746230m
2025-08-14REV▲ 7500solo13:251.05%—103,100
1031 lots		1.938199,808-153EOD+82,593145m
2025-08-15HSI▼ 7500solo09:351.06%-0.773%101,300
1013 lots		1.973199,865+518trail+83,111250m
2025-08-20HSI▼ 7500solo09:351.04%-0.614%98,600
986 lots		2.027199,862+33BE+83,14410m
2025-08-25TECH▲ 7226▲ AGREE10:101.40%—66,800
668 lots		5.981399,531 ×2+2,307trail+85,45170m
2025-08-25HSI▲ 7200▲ AGREE09:350.96%1.057%66,800
668 lots		5.981399,531 ×2+3,956trail+89,406105m
2025-08-27TECH▼ 7552solo10:451.57%—143,700
1437 lots		1.391199,887+5,654EOD+95,061305m
2025-08-28HSI▼ 7500solo09:351.08%-0.679%99,900
999 lots		2.001199,900+301trail+95,36115m
2025-09-01HSI▲ 7200solo09:350.99%1.717%33,900
339 lots		5.886199,535+1,698trail+97,060115m
2025-09-03TECH▼ 7552⚡ CONF10:051.53%—281,000
2810 lots		1.423399,863 ×2+3,039trail+100,09840m
2025-09-04TECH▼ 7552⚡ CONF10:101.55%—273,400
2734 lots		1.463399,984 ×2+4,850trail+104,94865m
2025-09-05TECH▲ 7226solo10:351.61%—35,500
355 lots		5.631199,900+2,627EOD+107,575315m
2025-09-10TECH▲ 7226solo10:101.64%—31,900
319 lots		6.261199,726-1,496SL+106,07835m
2025-09-10REV▲ 7552solo10:451.64%—148,800
1488 lots		1.344199,987-658EOD+105,420305m
2025-09-11HSI▼ 7500solo09:351.05%-0.812%108,700
1087 lots		1.839199,899+160BE+105,58040m
2025-09-12HSI▲ 7200solo09:351.06%1.737%31,200
312 lots		6.391199,399-819EOD+104,761375m
2025-09-16TECH▼ 7552solo10:251.47%—157,100
1571 lots		1.273199,988+1,289trail+106,05030m
2025-09-24TECH▲ 7226solo10:401.55%—29,400
294 lots		6.796199,802+3,288trail+109,338150m
2025-09-26HSI▼ 7500solo09:351.02%-0.802%111,500
1115 lots		1.793199,920+153BE+109,4915m
2025-09-29HSI▲ 7200solo09:351.08%0.740%31,700
317 lots		6.301199,742+391trail+109,88225m
2025-10-10HSI▼ 7500solo09:351.02%-0.855%113,300
1133 lots		1.765199,974+362trail+110,24415m
2025-10-15HSI▲ 7200solo09:351.16%1.075%33,300
333 lots		6.001199,833+395trail+110,63970m
2025-10-21HSI▲ 7200solo09:351.38%1.166%32,300
323 lots		6.191199,969+882trail+111,521220m
2025-10-24HSI▲ 7200solo09:351.40%0.805%32,200
322 lots		6.201199,672-437EOD+111,083375m
2025-10-27HSI▲ 7200solo09:351.37%1.284%31,500
315 lots		6.346199,899-986EOD+110,097375m
2025-10-30HSI▲ 7200solo09:351.36%0.758%31,500
315 lots		6.336199,584+125BE+110,222120m
2025-10-31TECH▼ 7552solo11:202.19%—157,800
1578 lots		1.267199,933+2,112EOD+112,334270m
2025-11-03TECH▼ 7552solo10:402.16%—153,400
1534 lots		1.303199,880-1,756SL+110,578150m
2025-11-03REV▲ 7226solo13:102.16%—33,100
331 lots		6.040199,924-29EOD+110,549160m
2025-11-05TECH▲ 7226⚡ CONF11:102.00%—71,000
710 lots		5.631399,801 ×2+5,201trail+115,750240m
2025-11-06TECH▲ 7226solo10:252.00%—34,000
340 lots		5.866199,444+4,656EOD+120,406325m
2025-11-14HSI▼ 7500solo09:351.19%-1.524%116,300
1163 lots		1.719199,920+460EOD+120,866375m
2025-11-18HSI▼ 7500solo09:351.14%-0.804%112,000
1120 lots		1.785199,920+737trail+121,60350m
2025-11-20TECH▼ 7552⚡ CONF10:101.52%—280,700
2807 lots		1.425399,998 ×2+3,375trail+124,97855m
2025-11-21HSI▼ 7500solo09:351.07%-1.452%106,800
1068 lots		1.871199,823+1,784trail+126,76210m
2025-11-24HSI▲ 7200solo09:351.18%0.923%34,200
342 lots		5.831199,420+412trail+127,175105m
2025-11-25TECH▼ 7552⚡ CONF11:501.71%—285,500
2855 lots		1.401399,986 ×2+2,950trail+130,124230m
2025-11-26HSI▲ 7200solo09:351.25%0.588%33,000
330 lots		6.056199,848+286trail+130,41145m
2025-12-02TECH▼ 7552⚡ CONF11:051.61%—288,300
2883 lots		1.387399,872 ×2+3,766EOD+134,177285m
2025-12-03TECH▼ 7552solo10:351.57%—139,500
1395 lots		1.433199,904+1,482EOD+135,659315m
2025-12-09TECH▼ 7552solo10:201.43%—142,700
1427 lots		1.401199,923+3,152EOD+138,811330m
2025-12-11TECH▼ 7552⚡ CONF10:001.49%—282,200
2822 lots		1.417399,877 ×2+4,938EOD+143,749350m
2025-12-12HSI▲ 7200solo09:351.07%0.904%33,400
334 lots		5.976199,598+1,175trail+144,925350m
2025-12-15HSI▼ 7500solo09:351.10%-0.996%109,300
1093 lots		1.829199,910+1,130EOD+146,054375m
2025-12-16TECH▼ 7552solo10:051.51%—133,000
1330 lots		1.503199,899+1,228trail+147,283290m
2025-12-17TECH▲ 7226solo10:301.50%—40,300
403 lots		4.957199,767+1,652trail+148,935245m
2026-01-06HSI▲ 7200solo09:351.08%0.589%31,800
318 lots		6.271199,418+1,346trail+150,28165m
2026-01-07TECH▼ 7552solo10:151.52%—150,900
1509 lots		1.325199,942+814trail+151,094285m
2026-01-08HSI▼ 7500solo09:351.14%-0.590%115,100
1151 lots		1.737199,929+2,175trail+153,269320m
2026-01-12HSI▲ 7200solo09:351.09%0.553%32,200
322 lots		6.206199,833+1,809EOD+155,078375m
2026-01-13HSI▲ 7200solo09:351.12%1.316%30,900
309 lots		6.466199,799+1,334trail+156,41245m
2026-01-16HSI▲ 7200solo09:351.02%0.636%30,400
304 lots		6.576199,910-1,945SL+154,46840m
2026-01-16REV▲ 7500solo10:151.02%—120,600
1206 lots		1.658199,955+1,811EOD+156,279335m
2026-01-19HSI▼ 7500solo09:350.94%-0.758%117,500
1175 lots		1.701199,868+114EOD+156,392375m
2026-01-22TECH▼ 7552⚡ CONF10:301.48%—301,800
3018 lots		1.325399,885 ×2-2,020EOD+154,373320m
2026-01-23TECH▼ 7552⚡ CONF10:201.48%—308,400
3084 lots		1.297399,995 ×2+698BE+155,070175m
2026-01-28HSI▲ 7200▲ AGREE09:350.99%0.733%60,000
600 lots		6.656399,360 ×2+6,214trail+161,284210m
2026-01-28TECH▲ 7226▲ AGREE11:101.50%—71,000
710 lots		5.631399,801 ×2+2,486trail+163,770115m
2026-01-29TECH▲ 7226⚡ CONF10:301.55%—69,800
698 lots		5.726399,675 ×2+766BE+164,5355m
2026-01-30HSI▼ 7500solo09:351.07%-0.651%128,600
1286 lots		1.555199,973+1,734trail+166,27080m
2026-02-02HSI▼ 7500solo09:351.06%-1.058%123,200
1232 lots		1.623199,954+1,590trail+167,85930m
2026-02-03HSI▲ 7200solo09:351.19%0.822%30,900
309 lots		6.456199,490+168BE+168,02730m
2026-02-05HSI▼ 7500▲ AGREE09:351.13%-0.817%235,900
2359 lots		1.695399,850 ×2+1,409trail+169,43650m
2026-02-05REV▲ 7226▲ AGREE10:251.54%—43,400
434 lots		4.606199,900+9,015EOD+178,451325m
2026-02-05TECH▼ 7552▲ AGREE10:201.54%—258,500
2585 lots		1.547399,900 ×2-2,887SL+175,5635m
2026-02-06HSI▼ 7500solo09:351.09%-1.975%116,200
1162 lots		1.721199,980-1,865EOD+173,699375m
2026-02-09HSI▲ 7200solo09:351.13%1.591%30,800
308 lots		6.476199,461-580EOD+173,119375m
2026-02-10HSI▲ 7200solo09:351.16%0.650%30,500
305 lots		6.546199,653+669trail+173,78860m
2026-02-12TECH▼ 7552solo10:401.42%—135,400
1354 lots		1.477199,986-789EOD+172,998310m
2026-02-13HSI▼ 7500solo09:351.16%-1.452%118,900
1189 lots		1.681199,871+1,527trail+174,526300m
2026-02-23HSI▲ 7200solo09:351.23%1.460%31,600
316 lots		6.311199,428+2,983trail+177,509100m
2026-02-24HSI▼ 7500solo09:351.35%-0.621%121,200
1212 lots		1.649199,859+2,582EOD+180,091375m
2026-02-25HSI▲ 7200solo09:351.42%0.582%31,600
316 lots		6.321199,744-907EOD+179,184375m
2026-02-26TECH▼ 7552⚡ CONF10:101.74%—252,600
2526 lots		1.583399,866 ×2+7,164EOD+186,348340m
2026-02-27TECH▲ 7226solo11:051.81%—46,100
461 lots		4.335199,844+508BE+186,856125m
2026-03-02HSI▼ 7500▲ AGREE09:351.44%-1.220%231,800
2318 lots		1.725399,855 ×2+4,893trail+191,74965m
2026-03-02TECH▼ 7552▲ AGREE10:101.82%—235,900
2359 lots		1.695399,850 ×2+1,644trail+193,39380m
2026-03-04HSI▼ 7500▲ AGREE09:351.36%-1.159%217,900
2179 lots		1.835399,846 ×2+3,247trail+196,6405m
2026-03-04TECH▼ 7552▲ AGREE11:051.76%—215,600
2156 lots		1.855399,938 ×2+1,079trail+197,719120m
2026-03-05HSI▲ 7200solo09:351.36%1.323%34,800
348 lots		5.741199,787+623trail+198,342105m
2026-03-06TECH▲ 7226solo10:101.64%—51,600
516 lots		3.871199,744+3,782trail+202,124185m
2026-03-10HSI▲ 7200solo09:351.39%1.306%34,400
344 lots		5.811199,898+1,796EOD+203,921375m
2026-03-11HSI▲ 7200solo09:351.49%0.586%33,600
336 lots		5.946199,786+14BE+203,93510m
2026-03-12HSI▼ 7500solo09:351.47%-0.692%112,200
1122 lots		1.781199,828+760trail+204,695300m
2026-03-19HSI▼ 7500solo09:351.41%-1.825%110,400
1104 lots		1.811199,934+96EOD+204,791375m
2026-03-20HSI▼ 7500solo09:351.47%-0.640%109,900
1099 lots		1.819199,908+50BE+204,84165m
2026-03-23HSI▼ 7500solo09:351.46%-1.931%104,500
1045 lots		1.913199,908+4,678trail+209,519360m
2026-03-24HSI▲ 7200solo09:351.49%1.548%37,100
371 lots		5.381199,635+3,057EOD+212,577375m
2026-03-25HSI▲ 7200solo09:351.63%0.865%35,700
357 lots		5.601199,956+194BE+212,77130m
2026-03-26TECH▼ 7552solo10:302.02%—112,100
1121 lots		1.783199,874+4,847EOD+217,618320m
2026-03-30HSI▼ 7500solo09:351.65%-1.679%102,900
1029 lots		1.943199,935-2,082EOD+215,537375m
2026-03-31TECH▼ 7552solo10:451.99%—105,500
1055 lots		1.895199,922+1,662trail+217,199190m
2026-04-13HSI▼ 7500solo09:351.61%-0.714%114,200
1142 lots		1.751199,964+303EOD+217,501375m
2026-04-14HSI▲ 7200solo09:351.63%1.047%34,000
340 lots		5.876199,784-367EOD+217,135375m
2026-04-15HSI▲ 7200solo09:351.63%1.144%33,300
333 lots		5.991199,500-1,441EOD+215,694375m
2026-04-16HSI▲ 7200solo09:351.61%0.676%33,400
334 lots		5.981199,765+74BE+215,76825m
2026-04-17HSI▼ 7500solo09:351.63%-0.694%119,100
1191 lots		1.679199,969+871EOD+216,639375m
2026-04-22HSI▼ 7500solo09:351.57%-0.694%119,800
1198 lots		1.669199,946+875EOD+217,514375m
2026-04-24HSI▼ 7500solo09:351.35%-0.701%115,400
1154 lots		1.733199,988+106trail+217,62070m
2026-04-29HSI▲ 7200solo09:351.14%0.634%34,400
344 lots		5.806199,726+1,307trail+218,92660m
2026-04-30TECH▼ 7552solo10:252.02%—116,600
1166 lots		1.715199,969-1,686SL+217,240215m
2026-04-30REV▲ 7226solo14:002.02%—52,600
526 lots		3.800199,880-1,096EOD+216,144110m

Data Source & Simulation Assumptions

ⓘ Data Reality — What this backtest IS and IS NOT

✓ Real market data — prices sourced from Futu OpenD API, which feeds directly from SEHK official exchange feeds. OHLCV values are genuine traded prices, not simulated or synthetic.
✓ Forward-adjusted (QFQ) — dividends and splits are correctly accounted for.
✓ Realistic costs — 0.18% round-trip (stamp duty + commission + spread) deducted on every trade.

✕ NOT tick data — bars are 5-minute aggregates. Intrabar price path is unknown: we cannot tell whether the high or low was reached first within each bar. Entry fills use bar open + 1 tick slippage; stop-loss fills apply a fixed −0.5% adverse slippage assumption. Actual live fills may differ, particularly on fast-moving breakout bars or thin order books.

Correct description: "Backtest on real SEHK exchange data (5-minute OHLCV, Jan 2025 – Apr 2026) with simulated execution at bar-level resolution." Do not describe results as "tick data" or "exact live fills."
Feed
Futu OpenD API
SEHK official exchange data — real prices
Bar Resolution
5-Minute OHLCV
⚠ NOT tick data — aggregated bars
Price Adjustment
Forward Adj. (QFQ)
Dividend & split adjusted
Data Range
2025-01-02 → 2026-04-30
149 active trading days
Entry Fill Model
Bar open + 1 tick
Simulated — not an actual exchange fill
SL Fill Model
−0.5% slippage
Fixed assumption — actual adverse fill may vary
Round-trip Cost
0.18% / trade
Stamp duty + commission + spread
Intrabar Path
Unknown
High/low order within bar not deterministic