Worsley Capital
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Venture · Algorithmic Trading · In Development

Price has structure. We're building the engine to trade it.

MBW Capital is Worsley Capital's systematic, algorithmic trading venture, currently in development — a proprietary engine designed to decompose market prices into their underlying frequencies to identify turning points early, and to trade them with discipline once live.

Systematic & Rules-Based · Risk-Managed · Not Yet Trading Live Capital
Philosophy

Most managers trade narratives. MBW trades measurement.

Everything that moves a market — flows, positioning, sentiment, news — ultimately expresses itself in one place: price. So that is what MBW measures. No forecasts, no stories, no committee views. A systematic process, applied the same way in good markets and bad.

1.1

Price is the signal

Models are driven by price and price movement alone — not by claimed inefficiencies, fundamentals feeds or discretionary judgement. Price is the one input that never stops telling the truth.

1.2

One frequency lies. Twelve don't.

Any single indicator produces false positives. Agreement across twelve independent frequency bands is required before a signal is actionable.

1.3

Discipline over discretion

Entries, exits, profit-taking and stops are rule-based, defined before a position exists. No overrides, no averaging down, no hoping.

The Engine

Markets move in cycles. MBW listens to all of them at once.

At the core of MBW is a proprietary signal engine built on years of research into the spectral behaviour of market prices. Rather than watching one smoothed line, the engine separates each asset's price history into twelve frequency bands — twelve independent views of the same market, each tuned to a different cycle length. In backtesting, the engine hunts for one thing: acceleration in price movement occurring in sync across the bands. When the spectrum aligns historically, a top or bottom tends to form, typically three days to three weeks before the turn completes. This research and backtesting is the foundation the live engine is currently being built and tested against, ahead of launch.

12Frequency bands per asset
600+Sensor readings per asset
3d–3wTypical signal lead time, in backtesting
15yrPrice history used in research & backtesting
Ingest

Up to fifteen years

Price history per asset, used for research and backtesting, updated through the latest close.

Decompose

Twelve frequency bands

Each series is separated and instrumented with the full sensor array.

Confirm

Signals in sync

Signals firing in isolation are discarded; agreement across bands marks a candidate reversal in testing.

Risk Management & Design Principles

Designed for institutional size, built to run at human speed.

MBW's flagship application, as designed, is sector rotation: anticipating imminent tops and bottoms across sector and index ETFs, and rotating exposure toward strength. The same engine is intended to drive bespoke long-only and long/short mandates once live. Sizing is systematic by design; monitoring, execution quality, data integrity and risk limits are intended to be supervised by the team, with signal logic never overridden on a view — the system decides, people supervise.

In backtesting against historical data, this systematic approach has performed ahead of broad market benchmarks such as the S&P 500, on both an absolute and a risk-adjusted basis. MBW is not yet trading live capital, so these results reflect research and design targets, not a live track record.

Liquid by design

Strategies are designed to be expressed in ETFs, index products and stock baskets — reducing single-name risk and allowing for institutional scale without material market impact.

Deliberately low turnover

Not designed for high-frequency trading. Target holding periods run three to six months, with roughly twenty to thirty trades per portfolio per year.

Unlevered by default

Strategies are designed to stand on their own without leverage. Where a mandate calls for it, leverage would be applied deliberately — never to rescue a position.

Independent oversight

Performance, risk, and compliance are designed to be reviewed on an ongoing basis, separate from the activity that generates returns.

Illustrative only — based on research and backtesting, not live trading results. MBW has not yet launched and is not currently trading live capital. Past performance is not indicative of future results. Nothing on this page constitutes an offer, solicitation, or investment advice.

“The system decides; people supervise. Signal logic is never overridden on a view — that separation is the point.”

MBW Capital · Investment Doctrine