# Authentic D48 raw-signal coverage audit

Generated: `2026-07-29T11:12:22.358184+00:00`

Window: `[2026-01-01T00:00:00+00:00, 2026-05-01T00:00:00+00:00)`

Strategy: `VolatilityBreakoutRiskCap` / `5.4-d48-riskcap-forward`

This is a coverage-only artifact. It contains no candidate PnL, portfolio,
order, fill, exit, or subsequent-price result.

## Authenticity

Raw signals were generated before portfolio simulation by calling the frozen
strategy source through Freqtrade's `advise_indicators` and `advise_entry`
wrappers. Freqtrade 2026.6 `backtesting --export signals` was not used as the
raw denominator because it omits several non-trade signal paths.

The source candle time and causal signal eligible time are stored separately;
the latter is exactly five minutes after the completed 5m candle timestamp.

## Frozen XSMOM rule

- 28 completed UTC calendar days, requiring all 29 positive finite closes.
- If onboarding is intraday, its partial UTC daily candle is excluded; the
  first usable daily timestamp is the following 00:00 UTC.
- At least 10 rank-eligible pairs.
- Descending score, canonical pair string as the exact-tie breaker.
- Long passes top4; short passes bottom4.

## Funding interpretation

Funding coverage means that the three latest finalized event records at or
before signal eligibility exist, contain finite rates, and have no interval
larger than eight hours. It does not reproduce a live predicted funding rate
and is not evidence of funding alpha.