Just finished backtesting a Fibo H4 strategy on USTEC. 6y data, 60.3% win rate. Thoughts on these metrics?

u/iam_warrior · Reddit — r/algotrading · July 01, 2026 at 09:39 · ⬆ 15 pts · 💬 48 comments  | View on Reddit ↗
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Summary

  • The author backtested a Fibonacci-based H4 strategy on USTEC (Nasdaq 100) over 6 years, reporting exceptional metrics: 60.3% win rate, 260% return, and only 3.5% max drawdown.
  • Despite impressive numbers, the author is skeptical of over-optimization and acknowledges a corrected Sharpe ratio (3.40) and issues with walk-forward/OOS validity.
  • The post is a request for peer review on strategy sustainability, not a recommendation to trade any current setup.
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