Boutgajouft Liquidity Triangle Theory™ · OrgaX LLC · Est. 2025

Structural alpha. Every regime.

Category IV zero-beta decorrelation — where near-zero market beta arises structurally from instrument universe construction, not from hedging. Validated across 17 years of multi-regime data. Seven independent SSRN working papers.

BLT Engine — Backtested metrics 2008–2025
+0%
Cumulative return
β = 0
Mean market beta
+0%
CAGR profitable years
0th
Monte Carlo pct.
Scroll
17Years validated
×3.94Equity growth
13/17Profitable periods
10,000Monte Carlo runs
Cat. IVDecorrelation class
7SSRN papers

Markets have
geometry.
We trade it.

The dominant frameworks in systematic trading — heuristic concepts like ICT and SMC, or statistical approaches like trend-following — are built on intuition and observation. They describe. They do not derive.

The Boutgajouft Liquidity Triangle Theory™ is different. It begins with a formal question: can price formation in mean-reverting markets be expressed as a set of geometric axioms? Can entry, invalidation, and target levels be derived mathematically — not estimated, not back-fitted, but derived?

The answer is the BLT Engine. Seventeen years of empirical validation confirm what the mathematics predicted: near-zero market beta, positive returns, regime-invariant decorrelation. Category IV. No hedging. No leverage. No discretion.

Three pillars of
structural trading.

I

Geometric liquidity modelling

Price action expressed as force vectors within structural liquidity triangles. Entry and exit levels derived from formal axioms — zero discretion.

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II

Multi-regime empirical validation

2008 GFC (+41.3%), 2020 COVID (+45.3%), 2022 Ukraine (+0.6%). Positive crisis-alpha in every major market dislocation tested.

Performance →
III

Category IV structural decorrelation

β ≈ 0 arises from instrument universe construction — not hedging. Regime-invariant: crisis beta statistically equal to normal beta (p = 0.558).

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The strategy thrives
when markets break.

Volatility–return correlation r = 0.620 (p = 0.008). Crisis periods generate the BLT Engine's highest absolute returns. This is structural convexity — not luck.

2008 GFC
+41.33%
2020 COVID
+45.26%
2010 Post-GFC
+37.30%
2017 Normal
+15.61%
2016 Low-vol
−7.58%
Annual CAGR 2008–2025 · Crisis years highlighted
Interactive tool

See what adding the BLT Engine
does to your portfolio.

Adjust allocation, see real-time Sharpe improvement, equity curve evolution, and correlation impact. Built from the actual backtested data.

Launch simulator

Seven working papers.
One corpus.

2026
Empirical Validation

Crisis-Alpha and Structural Decorrelation: BLT Engine Empirical Validation Across Market Regimes (2008–2025)

β̄ₘ = 0.037 (p = 0.540). ×3.94 equity growth. 10,000 Monte Carlo simulations at 50.7th percentile. Four independent statistical methodologies.

2026
Theoretical · CAPM

Zero-Beta Decorrelation in Structural Liquidity Strategies: Theoretical Implications of a Decade-Spanning Empirical Anomaly

Four-category decorrelation taxonomy. Missing factor FSL hypothesis. First documented Category IV strategy. Non-spanning theorem.

2025
Foundational Theory

Boutgajouft Liquidity Triangle Theory™

The founding document. Mathematical axioms and geometric modelling of the BLT protocol. Structural equilibrium, liquidity triangles, force-vector price model.

Sofiane Boutgajouft

Sofiane
Boutgajouft.

CEO & Founder of OrgaX LLC. Creator of the Boutgajouft Liquidity Triangle Theory™. Seven SSRN working papers. A decade building what the industry couldn't find: structural decorrelation without hedging.

Full profile →

This website is for informational purposes only and does not constitute an offer or solicitation to buy or sell any financial instrument. All performance data is backtested and simulated — not live. Past performance does not guarantee future results. OrgaX LLC. For qualified professional and institutional investors only. · Full legal disclaimers →