1. Agent

   Read the literature

   Papers, preprints and market-structure notes are read one at a time. Every claim is pulled out with its evidence and filed on a map of ideas, by mechanism and by the data it needs.

2. Agent

   Generate signals

   The most promising open ideas become testable signals: what to observe, which way to trade and over what horizon.

3. Agent

   Backtest

   Each signal is tested on historical data it was not designed on, and every result is written to a research ledger, including the failures.

4. Agent

   Iterate

   Each round is informed by the last, and the ledger counts every variant tried, so a signal is judged on the whole search, not its best run. Ideas that fail are set aside for good.

5. Researcher

   Review

   The strongest signals are reviewed with their full trail: the source paper, every round and the numbers.

6. Agent

   Combine

   Approved signals are checked against each other. Ones that are uncorrelated are combined into a single strategy, so no one idea carries the book.

7. Agent

   Deploy

   The agent deploys the strategy to its own exchange account. Positions, fills and equity are monitored live from the moment it starts trading.