Systematic trading research

Evidence over instinct.

Quant. Refined.

SixGate Research designs systematic trading strategies built on deep quantitative research. Every engine starts as a hypothesis, has to hold up across very different market conditions, and becomes a strategy only once the evidence is consistent.

hypotheses testedthe few that survive
The problem we solve

Strategies rarely fail on logic. They fail on regime dependence.

Markets swing between persistent trends and long mean-reverting stretches, with liquidity shocks in between. An edge measured in one regime is usually a disguised bet on that regime.

So nothing at SixGate is validated in-sample. Every hypothesis has to hold its expectancy across opposing regimes, net of realistic execution costs. Its tail losses are stress-tested at the portfolio level, and it is checked against randomised controls. If it can't beat chance, it doesn't trade.

The rejection rate is high by design. What survives, we understand: why it pays, and what it costs when it doesn't.

Method

Six gates between an idea and capital.

We test far more ideas than we keep. Each one moves through the same six gates, the ones our name comes from, and most stop before the end.

01
HypothesisA precise, testable claim about market behaviour.
02
Opposing regimesMust hold in trending and in range-bound markets.
03
Net of costsSpreads, commissions and execution built in from line one.
04
Tail stressWorst cases measured at the portfolio level, not per trade.
05
Randomised controlHas to beat chance by a wide margin, every time.
06
Engine, or rejectedOnly consistent evidence becomes a strategy.
Evidence over intuitionEvery rule has to earn its place across multiple market regimes. One good year is never enough.
Realistic by designTrading costs and execution conditions are in every test from the first line of research.
Diversified at the coreWe combine independent logic and time horizons rather than adding more of the same.
Risk before returnSizing, exposure limits and drawdown control are part of each engine, not afterthoughts.
Continuous researchSystems are reviewed, stress-tested and refined as markets change.
Why SixGate

Six ways of knowing. Six gates before capital.

Indian philosophy recognises six pramanas, six valid ways of knowing what is true. It also names six inner enemies, the arishadvarga, that cloud judgement. SixGate Research is built on both ideas: every strategy must pass six gates of evidence before it reaches capital, so that what we trade is decided by proof, not by impulse.

The six pramanas · ways of knowing
Gate
The six enemies · arishadvarga
PratyakshaPerceptionWhat the data actually shows
KamaDesireChasing every move
AnumanaInferenceWhat follows from it, tested
KrodhaAngerRevenge trading
UpamanaComparisonMeasured against benchmarks and chance
LobhaGreedOversizing
ArthapattiPostulationThe explanation the facts require
MohaAttachmentHolding on to losers
AnupalabdhiNon-perceptionWhat is missing from the sample
MadaPrideOverconfidence after a run
ShabdaTestimonyReliable, published research
MatsaryaEnvyChasing other people's returns

Six gates stand between an idea and capital, and between our judgement and its six enemies.

The SixGate Engines

Four independent engines. Each built for a different market.

No single strategy wins in every market, so we stopped looking for one. Each engine has its own logic, its own rhythm and its own difficult days.

Behaviour curves are illustrative of the market conditions each engine is built for. They are not performance.

The SixGate Quartet

One portfolio. A smoother path than any engine alone.

The engines are built to perform in different kinds of market, so their weaker periods rarely coincide. In the Quartet, one engine's difficult stretch is carried by the others.

The engines, and the portfolio they make

Simulated cumulative P&L, Jan 2023 – Sep 2026, costs included. Each line is scaled to its own end value to compare the shape of the path.
Evidence

The whole is stronger than its parts.

Two measures investors care about most: how much the strategy earns for each unit of its deepest decline, and how long it takes to recover from a setback.

Gain per unit of deepest pullback

Net simulated gain ÷ maximum drawdown. Higher is better.

Longest recovery

Longest stretch below a previous high, in trading days. Shorter is better.

Depth of setbacks over time

Drawdown as a share of each one's total gain over the period. SixGate Echo alone against the Quartet.
SixGate Echo aloneThe SixGate Quartet

Every month, in colour

The Quartet's simulated result for each month, Jan 2023 – Sep 2026.
loss small gainlarge gain

Four engines, independent by design

Correlation of daily simulated P&L between engines. 0 means unrelated, 1 means identical.
01

All figures are simulated research results on historical data from January 2023 to September 2026, with trading costs included. They are hypothetical, do not represent actual trading, and do not guarantee future results.

Market State Index

One number for what the market is doing.

A single daily reading of what the market is doing. It blends three measured components (trend quality, energy and shock) into one number between 0 and 1, and names the market state: Trend, Range, Quiet or Shock. Every input uses only what was known on that day.

The index, week by week

Weekly average of the daily State Index, June 2023 – September 2026. Bar colour shows the week's dominant state.
0.70 active0.30 flatJun 2023202420252026
TrendDirection with follow-through.25% of days
RangeTwo-way trade around a level.46% of days
QuietPrice lingers; little energy.21% of days
ShockSudden expansion of movement.9% of days
2–3×Engine results in the week after readings above 0.70, versus below 0.30, in both test periods
1.6–1.8×Larger price moves over the following two weeks after readings above 0.70
Not directionIt tells us how much the market is likely to do, not which way it will go

Research results on historical data. The index describes market conditions; it is not a trading signal and does not predict direction.

Research ledger

What we tested this quarter, and what we threw away.

Our edge comes from discipline as much as from ideas. A sample of recent research verdicts:

Oscillator-timed entries
Multiple timeframes and periods, both regimes
Rejected
Statistical-distance spacing
Dozens of variants against the current design
Rejected
Tick-volume bars as a filter
Every rule across every journal-year
Rejected
Opposite-side hedging when stretched
Six designs, exact replay on historical fills
Rejected
Event-calendar stand-asides
Scheduled releases, both regimes
Rejected
Engine versus chance
Hundreds of randomised control portfolios
Passed: beat every one
A fifth engine in a new market
Independent behaviour, low overlap with the Quartet
In validation
Partners

Research first. Then the trade.

SixGate Research works with investors, allocation platforms and partners looking for systematic strategies with a research-driven foundation. Let's talk about what disciplined, research-led trading can add to your portfolio.

Message us on LinkedIn → Revisit the Quartet

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Twelve pages on our method, the engines and the evidence behind them. Leave your details and your copy is ready straight away.