METALS: IS THE EDGE ALREADY IN THE PRICE?
Could the signal behind APEX2's trial work on metals markets too? The first question is whether metals prices already account for it.
WHAT APEX IS TESTING NEXT, WHEN EACH TEST DECIDES, AND HOW. EACH TEST'S PASS AND FAIL RULES ARE WRITTEN DOWN BEFORE ITS DATA IS LOOKED AT, AND EVERY VERDICT STAYS ON THIS PAGE, PASS OR FAIL.
A test's pass and fail rules are written down before any of its data is looked at, so a result can't be argued into a pass afterwards. Reviews and measurements are labelled as such.
Every check is listed here before it runs, with what it decides. Most wait for a set amount of data, so their dates are estimates.
Passes and fails both stay on this page and go out in the weekly email. Results themselves are sealed in the daily record.
Could the signal behind APEX2's trial work on metals markets too? The first question is whether metals prices already account for it.
Should APEX skip new crypto bets at certain times? Two rules, written on Oct 12, get one run on fresh data, Oct 13 to Nov 12.
APEX2's trial on all nine coins gets its first look at 200 filled bets.
Since Oct 31, every price APEX checks also measures how much larger it could trade before it starts moving the price against itself. Two weeks of readings give the first answer.
Would orders that wait in the order book, instead of taking the price on offer, earn more on a slice of APEX's entries? On history the answer wasn't clear, so the same rules run again on sessions since Oct 30, unseen until 1,000 filled contracts.
A first look on Nov 2 found nothing to trade in a newly active group of 15-minute markets. The same test runs again with three more weeks of data.
Do commodity markets behave differently at one time of day? The test waits for 160 qualifying cases since Oct 13.
At 600 filled bets, APEX2's trial gets its decision.
An idea has to pass before it's adopted or kept, and many don't. That's the filter doing its job. How APEX is doing right now is on the live page and in the daily record; the story before Oct 24 is being told in the build log.