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The shelf · Fair-value gap (Silver Bullet) · E-mini Dow

Does fair-value gap (Silver Bullet) work on YM? Eighteen years, tested

Failed
30 /100

The rule as it ran

Three-bar gap inside the window, first close back into the gap, follow or fade. Run on YM, the E-mini Dow.

min_gap 2.0; hold 60; window 1000-1100; mode follow; sides Both

One trade a day, the first signal in the window, on one-minute bars, with one tick of slippage each way and commission. Trades dated 2023 or later are the seen era; the years before decide the verdict. Tested September 15, 2026, under SHELF-01.

2,766trades, 18.6 years
$4,533net after costs, $2 a trade
51 / 5,000coin flips that matched or beat it on the years before 2023
7 of 15years before 2023 that made money
176 monthslongest wait for a new equity high
1.2 ticksa side, where the rule reaches zero

This rule's money was on the books by noon and the afternoon gave some of it back; taken by hand, the morning was the trade.

Everything this rule made, it made in the years you learned it in; the fifteen before them say the written rule is a coin, and whatever you do on top of it is where any edge is.

Test your version, freeOn the form, $49Change a setting, the market or the exit, in a sentence. The first run is free and read back to you line by line before it runs; the form runs it tonight for $49. Published either way.
Fair-value gap (Silver Bullet) on YM, chart equityFair-value gap (Silver Bullet) on YM, chart nullFair-value gap (Silver Bullet) on YM, chart years
The engine's report, in full
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THINRIDGE ENGINE REPORT  -  SCORED UNDER PROTOCOL v1.1
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SCOPE: Scored under Protocol v1.1 on FirstRate 1-min unadjusted via Thinridge engine. Intake testimony: NOT received (rule tested as locked). Contamination map sworn: no (seen era as declared or by archive date). Human review of reconciliation residue: NO.

1. THE RULE AS LOCKED
   family      : R - Fair-value gap (Silver Bullet)
   as you locked it:
     Fair-value gap (Silver Bullet), at the settings the door shows before anyone touches them (SHELF-01 v1.1): min_gap 2.0; hold 60; window 1000-1100; mode follow; sides Both
     seen era from 2023, the split the six teardowns were scored on
   as the engine read it:
   exit model  : time only
   filter      : none
   lineage     : #1
   bars        : one-minute (every signal, fill and exit is on the one-minute series)
   entries     : one trade a day, the first qualifying signal in the window
   history     : 18.6 years, seen era = 2023 onward (declared by submitter, not sworn)
               : trades dated 2023 or later are the seen era; trades before 2023 are the unseen era, and the unseen era decides the verdict

2. VERDICT
   SCORE   : 30 / 100
   VERDICT : REJECTED
   CRATERS : pillar(s) below 50%: II, V, VI
   Pillars : I=5  II=0  III=11  IV=10  V=0  VI=4

3. RESULT
   Trades 2766   Net $4,532.80   Per trade $1.64
   Seen era (2023+): 453 trades, $3,677.40
   Unseen era    : 2313 trades, $855.40
   Win rate 49.1%  (1357 of 2766 trades closed above zero after costs)
   Exits by type: time 2766

4. THE NULL (random-side twins, 5000 seeds)
   Full window  p = 0.0130  (65 / 5000)
   Unseen era   p = 0.0102  (51 / 5000)   <- governs
   Lineage-adjusted p (variant #1) = 0.0102

5. ERA CONSISTENCY (unseen calendar years as windows)
   Years 15   profitable 7   WF efficiency (PF unseen/seen) 0.97
   Largest year 2022 = 710.6% of unseen-era net
   By year (unseen): 2008 $2,365.20  2009 $977.20  2010 -$845.40  2011 $2,077.80  2012 -$2,091.00  2013 -$7,195.00  2014 -$2,279.80  2015 $3,081.20  2016 -$5,571.40  2017 -$2,675.80  2018 $5,561.80  2019 -$765.80  2020 -$1,746.00  2021 $3,884.00  2022 $6,078.40

6. COST STRESS (re-simulated)
   1 tick $4,532.80   2 ticks -$23,127.20   3 ticks -$50,787.20
   Net/gross at 1 tick 10.3%   PF at 2x friction 0.90   Breakeven 1.2 ticks/side

7. FRAGILITY (bootstrap x5000)
   Full   CI -$34,682.20 .. $44,202.80   P(net>0) 0.5890
   Unseen CI -$28,319.60 .. $30,110.40   P(net>0) 0.5236
   DD95/actual 1.63x   Top trade 96.8%   Top-5 297.5%

8. SENSITIVITY (+-10% on primary trigger)
   Plateau retention 24%   Sign flip YES   Parameters 4

9. LIVABILITY (no points; could a person have held this?)
   Longest stretch without a new equity high: 176 months (ending 2026-08)
   Rolling 12-month windows negative: 52% of 213   Worst 12 months: -$7,195.00 (ending 2013-12)
   Max drawdown $18,549.20   Median year $977.20   Years of median to recoup the drawdown: 19.0
   Share of all profit from the best two years: 257%

10. CODE OFFER
   [ ] validated
   [x] unseen_p_adj_le_0.05
   [ ] unseen_ci_excludes_zero
   [ ] breakeven_ge_4_ticks
   [ ] top_trade_le_25pct
   => not offered at this result.

11. SCORING LINES
   II: Sharpe retention 0.09 (per-trade) -> 0; absolute OOS -> 0
   III: windows profitable 0.47 -> 3; efficiency 0.97 -> 8; window concentration -> 0
   IV: null p 0.0102 (5000 seeds) -> 8; DD95/BT 1.63 -> 2; top trade 0.968 -> 0
   V: retention@1x 0.103 -> 0; PF@2x 0.9 -> 0
   VI: plateau 0.24 -> 0; parsimony 4 -> 4; sign flip True -> 0

12. THE AUTOPSY (where the money came from and went; the rule as it ran, no new try)
   Exits: time 2766, $4,532.80
   On the books, unseen era (net $855.40): 10:00 $0.00  11:00 $11,784.80  12:00 $865.40  13:00 $855.40  14:00 $855.40  15:00 $855.40
   By 12:00 the books held $865.40 against $855.40 at the close; the afternoon gave back $10.00
   Eras: unseen $855.40, seen $3,677.40 (81% of the net); largest unseen year 2022 = 711% of the unseen net
   Plateau: 24% retained on a 10% nudge; sign flip yes
   Drought: 176 months without a new high (ending 2026-08); median year $977.20; years of median to recoup 19.0

   The money was on the books by noon: $865.40 at 12:00 against $855.40 at the close; the afternoon gave back $10.00. The era is the rule: the seen years carry 81% of $4,532.80; the unseen years made $855.40. The numbers are a spike: a 10% nudge either way keeps 24% of the result. Longest wait for a new equity high: 176 months, median year $977.20.
   The one next run, if you want it: the clock exit at 12:00, as lineage #2. Prediction on file: within 20% of the unseen net with the afternoon's give-back removed; more than the whole unseen net was on the books by then. Three such runs at most, then the verdict stands.

13. IF YOU TRADE THIS BY EYE
   This rule's money was on the books by noon and the afternoon gave some of it back; taken by hand, the morning was the trade.
   Everything this rule made, it made in the years you learned it in; the fifteen before them say the written rule is a coin, and whatever you do on top of it is where any edge is.
   That is what the record says about the rule as written. It is not what next year says.

WHAT THIS CANNOT TELL YOU: the score assumes this rule walked in
once (see lineage) and that your development did not touch the
unseen era. Neither was sworn. A Thinridge audit exists to take
that testimony. Not investment advice. No guarantee of future
results. Statistical analysis of a mechanical rule as submitted.
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Raw market data: FirstRate Data (firstratedata.com). Statistical analysis of a mechanical rule as written; not advice.