Forward test · IBKR paper

BTCUSD 5M Correlation

BTCUSD spot · 5-minute · 1 Micro Bitcoin paper

MBT · MBTV6 · Oct '26 · BTCUSD signal

BTCUSD correlation 5M watches Bitcoin spot for fair-value-gap longs and sends paper orders for one Micro Bitcoin contract. It is a separate sleeve from S131: same futures size, different signal chart. Only fills tagged for this alert land here.

Paper. Not a live-funded product. S131 and this sleeve both trade paper MBT. Fills stay split.

How it works

  1. Watch Bitcoin/USD spot for a bullish fair value gap the strategy is willing to tap.
  2. When the setup fires on the alert timeframe, TradingView sends a webhook that buys 1 Micro Bitcoin on IBKR paper.
  3. Risk management in this family moves the stop to breakeven after a $5 lock, then trails after further profit, with structure stops around the gap.
  4. Exits flatten that one Micro Bitcoin paper position on the same webhook path.
ParametersShow
Signal chart
BTCUSD spot
Alert timeframe
5-minute
Qty
1 MBT
Family
Breakeven +$5 · trail 25 · fair-value-gap long only
Paper alert
MBT - BTCUSD correlation 5M
Identity tags
MBT_BTCUSD_correlation_5M / BTCUSD_5M

Historical lab

Lab result on TradingView Essential history. The 5-minute window is the one that matches this alert. The 3-minute window is the older test and is not this book.

5-minute · this alert

Window
Aug 23, 2026 – Sep 30, 2026
Net profit
+$646.82 (+6.47%)
Win rate
33.98% (35 / 103)
Profit factor
1.048
Max drawdown
~$4,190 (~30.3%)
Trades
103
Initial capital (tester)
$10,000

3-minute · older test, not this book

Window
Sep 6, 2026 – Sep 30, 2026
Net profit
−$3,768.68 (−37.69%)
Win rate
33.90% (40 / 118)
Profit factor
0.698
Max drawdown
~$5,671 (~54.2%)
Buy & hold (same window)
~+$371 (~+3.42%)
Trades
118
Initial capital (tester)
$10,000

Paper restart

Waiting on a tagged fill

The blotter is the whole log. A 200-trade book shows all 200. The bridge was only sending its latest 80 rows, so older trips dropped out and the total fell after a win. Four Oct 1 prior-account trips stay. The extra Oct 1 print, 84,080 to 84,655, +$53.48, stays off: that clock was seven hours late. Yesterday's close, 83,700 to 84,030, is +$28.98. The Oct 6 trip is 9:40 PM to 10:10 PM PT, 84,225 to 84,305, +$3.98. The Oct 7 9:25 AM and Oct 8 8:15 AM sells closed the whole Micro Bitcoin position, before per-strategy flats on Oct 8 at 8:58 AM PT. One contract of each sell is this book and one is S131.

Restart paper day
2026-09-30
Venue
IBKR paper via the BTCUSD correlation 5M alert
Closed trades (post-restart)
0
Net P&L $
—
Win rate
—
Profit factor
—
Max DD (paper)
—
Last updated
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Activity

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Not a funded product. Not advice.