MatFinProtocol • Live backtest leaderboard

Financial Asset Forecasting & Trading Leaderboard

Protocol‑compliant backtests evaluated under consistent, cost‑aware conditions. Each row corresponds to a published or reproducible AI‑based strategy benchmarked under MatFinProtocol.

Higher is better: Annualised profit, Sharpe Lower is better: Max drawdown % All strategies net of costs & slippage (per protocol)
MatFinProtocol Leaderboard
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This leaderboard lists manually scanned Scopus‑indexed "forex prediction" studies published in 2025 that are MatFinProtocol‑compliant and backtesting performed. To propose an additional compliant paper for inclusion, please email the full reference and backtest details to: matloob.khushi@brunel.ac.uk.

Last updated: 2026‑04‑01
Reference Asset Initial balance Final balance % annualised profit % max drawdown Sharpe ratio Backtest period Total trades Win rate % Model / notes
Uygun et al.(2025) DOI: 10.1007/s00521-025-11586-8 FX & Crypto 100 170 35.70% 27.49% 0.76 104 weeks (Ending 2023) Not given 54.95% MTGNN (Multivariate Graph Neural Network with temporal convolutions)
Wangchailert et al. (2025). DOI:10.37936/ecti-cit.2025191.256994 8 pairs EUR/USD Not given +$10,999.00 $916 per year Not given Not given 2010–2022 (13 years) 28,525 51.3% Candle pattern based trading
Papatsimpas et. al (2025) DOI:10.1007/s10898-025-01505-5 EUR/USD Not given Not given +2198.00 pips (Profit) -95.90 pips N/A July-Oct 2022 (64 days) 36 86.11% Hybrid EMD + Stacked LSTM + PSO aggregation optimization
López-Herrera, et al. (2025) DOI: 10.1007/s44163-025-00424-4 USD vs EUR, CNY, JPY, AUD, CHF, MXN, ZAR, and TRY Not given Not given 31.1% (TRY/USD Max) Near-Zero 3.38 (Median Bootstrap) 2018–2023 35 (Avg per period) 71.1% Logistic Regression with Mean Absolute Directional Loss (MADL) optimization
Iswara et al. (2025)DOI: 10.1109/ISCT66099.2025.11297372 XAU/USD Not given (Net Profit: +$1.53) Not given $0.41 Not given 4 to 5 hours 26 57.69% LSTM + Inductive Conformal Prediction (ICP) uncertainty filter
Zhang & Khushi (2020), “GA‑MSSR: Genetic Algorithm Maximizing Sharpe and Sterling Ratio…” EUR/USD 100,000 187,900 +13.4 ‑19.7 1.68 2010‑01‑01 → 2019‑12‑31 2,305 61.0 SS Ratio‑optimised GA