NebulaGray Capital
Automated trading systems engineered for precision. No emotion. No discretion. Always on.
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01 — Philosophy
The market is open
24 hours. We're not.
NebulaGray runs automated systems that trade on rules, not reactions. Each model targets a specific window of the day where its statistical edge has been confirmed. Outside that window, it does nothing.
01

Trade at the Right Time

Markets have rhythm. Each NebulaGray model operates within a defined daily window where conditions consistently favour its strategy — and ignores everything outside it.

02

Quality Over Quantity

Fewer, better trades consistently outperform many average ones. Every filter that rejects a trade is doing its job. Restraint is the strategy.

03

Risk Defined Before Entry

Position size is calculated from account equity and maximum acceptable loss before any trade is placed. There are no fixed lots. There are no surprises.

04

Independent Systems

Each model operates in isolation with its own rules and risk budget. A difficult period for one has no bearing on the others.

02 — How It Works
Five steps.
Zero discretion.
From the moment a session opens to the final exit of a position, every decision is pre-defined. No person intervenes. No judgement calls are made.
🕐
Step 01

Session Opens

📐
Step 02

Conditions Assessed

Step 03

Signal Confirmed

🎯
Step 04

Position Entered

🪜
Step 05

Staged Exit

Staged Exit Structure
Target 1Partial close · Stop to entry+0.19R
Target 2Partial close · Profit locked+0.50R
Target 3Partial close · Trail begins+0.75R
RunnerHeld to maximum target+1.25R
Why Staged Exits Matter

Once the first target is reached, the stop-loss moves to the entry price. From that point, the trade cannot result in a loss. The worst outcome is breaking even. Most losing trades across the portfolio close at or near entry — not at a full loss.

03 — The Models
Four live systems.
One portfolio.
Each system is built through multiple documented iterations — never a single optimised run. Before going live, every model passes a 500,000-iteration Monte Carlo simulation. The confidence level is not a target. It is an output.
99.7%
Challenge Pass Probability
500,000-Iteration Monte Carlo Simulation
Half a million randomised trade sequences drawn from verified historical data. Each sequence is tested against FTMO and The5ers challenge limits. 99.7% pass without breaching daily or maximum drawdown thresholds.
Live
NGGS2 Asia
Gold · Early Morning · Breakout
+16.9%
Annual Return
5.99
Profit Factor
1.03%
Max Drawdown
99.7%
MC Confidence
Live
NGGS2 London
Gold · London Open · Breakout
+10.0%
Annual Return
3.35
Profit Factor
1.56%
Max Drawdown
99.7%
MC Confidence
Live
NGMR Asia
Gold · Early Morning · Mean Reversion
+8.3%
Annual Return
3.17
Profit Factor
2.72%
Max Drawdown
99.7%
MC Confidence
Live
NGMR London
Gold · London Open · Mean Reversion
+9.1%
Annual Return
4.91
Profit Factor
1.12%
Max Drawdown
99.7%
MC Confidence
In Development
NGBTC
Bitcoin · Momentum Breakout · Expanding the same session architecture into digital assets.
In Development
NGORB
Indices CFD · Opening Range · Session discipline applied to equity index markets.
+44.3%
Combined Annual Return
All four live systems running simultaneously · Independently verified · FTMO and The5ers compliant · Live forward test underway on BlackBull Markets ECN
Full performance data available on MyFxBook for authorised subscribers.
View on MyFxBook →
04 — Tooling
Built end to end.
Nothing outsourced.
The algorithms are only part of the operation. Every surrounding layer — signal delivery, performance tracking, risk monitoring — has been built in-house as part of the same system.
🤖
Signal Delivery

Live trade notifications sent automatically via Telegram the moment a position is opened — entry, stop, and targets included.

Telegram · Claude AI · Python
📊
Live Dashboard

Custom-built performance dashboard with live MyFxBook data, per-model metrics, and real-time drawdown compliance bars.

Flask · MyFxBook API
🔬
Testing Pipeline

Every model goes through multiple documented backtest iterations before optimisation. Each run tests one hypothesis. Nothing is changed without a reason.

Python · cTrader Backtester
⚖️
Risk Gate

Every model is automatically validated against FTMO and The5ers drawdown limits, then stress-tested through 500,000 Monte Carlo scenarios. Failure means it doesn't go live.

Automated · Per-Test
📡
Independent Verification

All live performance is tracked on MyFxBook and FX Blue. Every figure published by NebulaGray links back to a verified, independently hosted data source.

MyFxBook · FX Blue
⚙️
Trading Infrastructure

All systems run on cTrader via BlackBull Markets ECN — institutional execution, direct market access, and full isolation between model instances.

cTrader · C# · BlackBull ECN
05 — Live Dashboard
Real numbers.
In real time.
Live account performance synced with MyFxBook, with drawdown compliance bars tracking position against FTMO and The5ers limits. Sign in with Google to access.
NebulaGray
Live Performance Dashboard

Performance across all live systems and active challenge accounts. Sign in to continue.

M
Mike Hampson
+2.84%
Month to Date
+6.12%
Since Inception
0.87%
Peak Drawdown
4.26
Profit Factor
Drawdown Compliance — FTMO & The5ers
Daily Drawdown0.43% of 5.00% limit
Warning at 4.0% · Hard limit 5.0% · Compliant
Maximum Drawdown0.87% of 10.00% limit
Warning at 8.0% · Hard limit 10.0% · Compliant
The5ers $100k — Challenge A
NGGS2 Asia + NGMR Asia
Pending Aug 2026
Target: +10%0 / $10,000
$100k
Account
5%
Daily Limit
10%
Max DD
FTMO $100k — Challenge B
NGGS2 London + NGMR London
Pending Aug 2026
Target: +10%0 / $10,000
$100k
Account
5%
Daily Limit
30 days
Phase 1
Live · MyFxBook · Since March 2026 · BlackBull Markets ECN GBPOpen MyFxBook →
06 — Founder
Engineering thinking.
Applied to markets.
Mike Hampson
Founder · NebulaGray Capital
Harrogate, United Kingdom
Connect on LinkedIn
Wind TurbinesOil & Gas Critical InfrastructureSystems Engineering Algorithmic TradingXAUUSD

Fifteen years commissioning critical infrastructure — wind turbines, oil and gas systems, high-voltage plant — teaches a discipline that transfers directly to markets. Every complex system has a parameter set that governs its behaviour. Tune them correctly and it runs autonomously, safely, exactly as designed. Get them wrong and it fails. There is no middle ground.

Trading began in 2021 through Graystone Trading — a structured discretionary programme covering options and forex. The strategy was sound. The pattern that emerged was not: skilled traders, with genuine edge, consistently underperforming — not because the method was wrong, but because emotion interrupted execution. Doubt, hesitation, and deviation are the real risks. Removing the human from the execution loop removes the failure mode entirely.

NebulaGray Capital was built on that conclusion — applying the same commissioning rigour from fifteen years in engineering. Test, record, back up, review, then energise. Nothing goes live without passing every gate. The idea came together on a holiday in Dubai. The work happens in Harrogate.