LAB #4146 NEUTRAL: LEDGER BENCH: Apply filter: Quarterly phase = ACCUMULATION — improves win rate from 32.5% to 44.9% ( — E8 Intelligence Research

IDEA: Adjustment made to the live model — verify against the backtests: Apply filter: Quarterly phase = ACCUMULATION — improves win rate from 32.5% to 44.9% (+12.3pp, n=136) SAME-WINDOW EFFECT: Applying the ACCUMULATION-phase filter to the 10 live trades above would have blocked most entries, since the window spans early September 2026 — likely a DISTRIBUTION or MARKUP phase for most majors given the cluster of losses. Specifically, the three rizzy5m trades on 2026-09-02 (GBPUSD, NZDUSD, AUDUSD) and the wkjudas trades on 2026-09-01 would likely have been filtered out — that removes 2 losses, 1 win, and 1 open, leaving only the older August trades. Net effect on this tiny sample: win rate would shift from ~2/7 closed (28.6%) to maybe 1/3 (33%) if only the August rizzy5m GBPUSD win and XAUUSD loss survived — PnL delta is negligible (±0.2R) due to tiny n, but variance drops sharply. OVER-TIME PROJECTION: Over 3-6 months, the filter would cut trade frequency by roughly 40-60% (since ACCU

Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com