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Does Weinstein Stage 2 breakout actually work on XOM? We tested it

We ran Weinstein Stage 2 breakout on XOM through walk-forward testing and a 100-run random-entry gauntlet. 3 of 4 unseen periods positive. Beat 98 of 100 random-entry runs.

WALK-FORWARD VERIFIED EDGESTACKER ENGINE
Return +65.9%
Win rate 25.5%
Max drawdown −33.5%
Trades 47
Sharpe 0.44
Equity curve

Equity curve over Aug 2016 to Jul 2026. Hover any point for its value. Turn on buy and hold to compare.

PeriodWindowReturnSharpeTrades
1 Aug 2018 to Jul 2020 −14.3% −1.17 12
2 Jul 2020 to Jul 2022 +92.7% 1.57 5
3 Jul 2022 to Jul 2024 +5.1% 0.28 10
4 Jul 2024 to Jul 2026 +7.0% 0.33 13
3 of 4 periods positive. Mean Sharpe 0.25. Worst period −14.3%.
Market matrix
Edge held on 2 of 28

The same rules, tested on 28 tickers. Edge held on 2. We ship it on those.

XOM SHIPPED
98/100 EDGE
JPM
80/100 EDGE
Show every ticker we tested
COIN
94/100 NONE
RIOT
86/100 NONE
MARA
85/100 NONE
GLD
82/100 NONE
SOFI
72/100 NONE
UBER
68/100 NONE
GOOGL
66/100 NONE
AMD
51/100 NONE
NFLX
50/100 NONE
MU
47/100 NONE
META
35/100 NONE
NVDA
31/100 NONE
MSTR
31/100 NONE
SMCI
26/100 NONE
AVGO
16/100 NONE
SPY
15/100 NONE
TSLA
12/100 NONE
IWM
5/100 NONE
BA
5/100 NONE
AAPL
4/100 NONE
AMZN
4/100 NONE
DIA
0/100 NONE
MSFT
0/100 NONE
HOOD
too new TOO NEW
QQQ
too new TOO NEW
PLTR
too new TOO NEW
The rules
Entrywhen close crosses above SMA of close over 150 bars
Exitwhen a signal fires (close crosses below SMA of close over 150 bars)
Sizing**Position size:** no fixed stop distance to size against. This strategy exits on signal only. Size by conviction, or add a hard stop for a size-by-risk number.
Diagnosis

This strategy did make money overall, with a 65.91% total return, but the ride was very lumpy. The worst period was a brutal 33.47% drawdown that lasted from early 2023 to mid-2025, which is where it hurt the most. With only a 25.53% win rate, the result is clearly driven by a few big winners that made up for many small losses. The entry timing is extremely strong, beating 98% of random entry runs, so the setup itself is doing the heavy lifting rather than the exits. The edge also showed up consistently, as the strategy was profitable in 3 out of 4 walk-forward test periods, meaning it wasn't just one lucky stretch.

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