Risk engineered, not hoped for
Indigo Forge's edge on NOR25 is proprietary and stays that way. What follows are the principles that govern how big a position gets, when exposure is capped, and when the strategy protects itself — not the entry and exit rules themselves.
Entry/exit logic and exact parameters are not published — confidential IP.
Position sizing
Size is set from account equity at the moment a trade opens, not from a fixed lot table — so a drawdown reduces size automatically, before any rule has to intervene.
Exposure caps
A ceiling on open positions and total exposure to NOR25 at once, so a run of correlated signals can't compound into a single oversized bet.
Equity circuit breaker
A drawdown threshold on floating equity, not just closed balance, that trims or halts activity before a stress period becomes a stop-out.
Equity vs. balance drawdown
Closed-trade balance curves hide intra-trade floating loss. If a position sits underwater before recovering, balance drawdown looks mild while true equity drawdown does not. Every figure on this site is measured on equity.
Two different moments
Max drawdown % and max drawdown $ happen at different points on a compounding curve — the percentage peak early on small capital, the dollar peak later at scale. Neither alone tells the whole story.
Scale-free recovery
Recovery factor — net profit over max drawdown $ — is the one metric that doesn't depend on account size, so it's used to compare parameter sets fairly in the optimization sweep.
NOR25 gets the whole strategy's attention
Every parameter is tuned to one index's own volatility regime, swap schedule and liquidity window — not averaged across a basket of instruments that behave differently. That specialization is the trade-off for giving up diversification.
See how that trade-off performs in Performance & Backtesting.