Contract
Entry times — ET
Exit — first to fire wins
A stop fires on the intra-minute low; a target is
a resting limit tested on the midpoint. Every level is snapped to
the tick grid. Ties go to the stop.
Chart exit
On exit, do what?
Close and take the proceeds.
Null band
Cumulative P&L, one contract
this rule
permuted chart — 5th to 95th
What each entry paid, as a multiple of what it cost
§5.69: the binding number here is not the mean, it is the
break-even slippage per stop. A tick charged on every stop that fires
is the difference between this method working and not, so the tile reads
it directly. The grey band is the same rule on a different day’s
chart; a curve inside it is the schedule, not the signal.