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Full trade data list: all_trades.html (every closed position of the six runs, 1316 trades, one table) · all_trades.txt (the same as CSV). Per run: the Trade list column of the table below opens that run's trades as a page (trades.html) or as CSV (trades.txt); cTrader's complete report.json and the hourly equity points are in each run's folder.
Pages: /prop-firm-trading/cbots/ and /prop-firm-trading/cbots/bullion-horizon/. Published figures: maximum equity drawdown 8.7 %, maximum balance drawdown 7.7 %, worst single day 2.8 %, the worst of six runs. Setup: cTrader's own backtester (tick data from the server, cTrader's own fills), XAUUSD H1, 10,000 USD, hedging account, leverage 1:100, three windows (from 2 January 2020, 2024 and 2025, each to 18 September 2026), each run twice: without commission and at 27.5 USD per million USD of volume.
How the figures are read: max balance and max equity drawdown come from the report's own equity section; the worst single day is the largest fall from a day's first hourly equity reading to that day's lowest reading, computed from the hourly equity points in each report (the column "recomputed" repeats the equity drawdown from the same points as a check).
| Run (folder with report.json, trades.txt, equity_points.txt) | Trade list | Period | Commission | Trades | Net USD | PF | Max balance DD % (report) | Max equity DD % (report) | Max equity DD % (recomputed) | Worst single day % (recomputed) |
|---|---|---|---|---|---|---|---|---|---|---|
| LowDrawdown_Gold_H1_XAUUSD_2020_c0 | trades.html · trades.txt | 6y 8m 16d (02-01-2020 - 18-09-2026) | none | 374 | 2275.22 | 1.24 | 7.21 | 8.40 | 8.40 | 2.65 on 2026-09-04 |
| LowDrawdown_Gold_H1_XAUUSD_2020_c27 | trades.html · trades.txt | 6y 8m 16d (02-01-2020 - 18-09-2026) | 27.5 USD per million | 374 | 1756.70 | 1.19 | 7.68 | 8.71 | 8.71 | 2.78 on 2026-09-04 |
| LowDrawdown_Gold_H1_XAUUSD_2024_c0 | trades.html · trades.txt | 2y 8m 16d (02-01-2024 - 18-09-2026) | none | 171 | 1692.57 | 1.42 | 4.58 | 4.91 | 4.91 | 2.78 on 2026-09-04 |
| LowDrawdown_Gold_H1_XAUUSD_2024_c27 | trades.html · trades.txt | 2y 8m 16d (02-01-2024 - 18-09-2026) | 27.5 USD per million | 171 | 1532.13 | 1.39 | 4.33 | 5.01 | 5.01 | 2.37 on 2026-09-04 |
| LowDrawdown_Gold_H1_XAUUSD_2025_c0 | trades.html · trades.txt | 1y 8m 16d (02-01-2025 - 18-09-2026) | none | 113 | 722.51 | 1.26 | 4.63 | 5.37 | 5.37 | 2.53 on 2026-09-04 |
| LowDrawdown_Gold_H1_XAUUSD_2025_c27 | trades.html · trades.txt | 1y 8m 16d (02-01-2025 - 18-09-2026) | 27.5 USD per million | 113 | 587.39 | 1.21 | 4.71 | 5.45 | 5.45 | 2.57 on 2026-09-04 |
Worst of the six runs: max equity drawdown 8.71 % (published 8.7 %), max balance drawdown 7.68 % (published 7.7 %), worst single day 2.78 % (published 2.8 %). Every run folder holds the complete trade list.
| Statement on the page | Run and trade list | Read from the report |
|---|---|---|
| The shipped grid's published run: 167.4 %, max balance drawdown 6.9 %, max equity drawdown 30.0 % (/prop-firm-trading/cbots/ and /prop-firm-trading/cbots/bullion-horizon/) | published-grid-run/ · trades.html | 6m 25d (27-02-2026 - 21-09-2026), commission 27.5 USD per million: 524 trades, net 16738.44 USD, PF 2.33, max balance DD 6.90 %, max equity DD 30.01 % |
| Prop Firm No Grid: with commission negative on all three windows, drawdown past 35 % on the longest (/prop-firm-trading/cbots/bullion-horizon/) | prop-firm-no-grid/ (six runs, each with trades.html) | 020_c27: net -7535.11 USD, max equity DD 86.86 %; 024_c27: net -1575.98 USD, max equity DD 28.63 %; 025_c27: net -99.24 USD, max equity DD 25.04 % |
| The shipped grid started on 1 January 2026 lost the account in both platforms' testers (/prop-firm-trading/cbots/bullion-horizon/) | grid-from-1-january-2026/ · trades.html | cTrader, 8m 20d (01-01-2026 - 21-09-2026), Blueberry Markets ticks, 1:500: net -9854.49 USD, max equity DD 98.68 %; MetaTrader 4: net -9850.10 |
| File | Size |
|---|---|
| all_trades.html | 870,122 bytes |
| all_trades.txt | 202,351 bytes |
| derivation.md | 1,618 bytes |
| grid-from-1-january-2026/ | folder |
| LowDrawdown_Gold_H1_XAUUSD_2020_c0/ | folder |
| LowDrawdown_Gold_H1_XAUUSD_2020_c27/ | folder |
| LowDrawdown_Gold_H1_XAUUSD_2024_c0/ | folder |
| LowDrawdown_Gold_H1_XAUUSD_2024_c27/ | folder |
| LowDrawdown_Gold_H1_XAUUSD_2025_c0/ | folder |
| LowDrawdown_Gold_H1_XAUUSD_2025_c27/ | folder |
| prop-firm-no-grid/ | folder |
| published-grid-run/ | folder |
Hypothetical results of backtests; past performance does not indicate future results. Futures, foreign currency and options trading contains substantial risk and is not for every investor. Full disclosure: kestutisbalciunas.com/legal/risk-disclosure/