Extra about Go or Breakeven EA
This web page covers the complete technical element, background, lifecycle mechanics, dwell check outcomes, notes, and disclaimers for the Go or Breakeven (POBE) Skilled Advisor listed on the MQL5 Market.
View/Again to the product itemizing | Backtest/Simulator Information
The Concept Behind POBE
Printed trade information masking over 300,000 prop agency accounts reveals that roughly 1 to 2% of all problem consumers ever obtain a funded account payout. For the remaining 98 to 99%, the problem price produces no return when the problem fails.
POBE adjustments this construction. As a result of the dealer account holds the opposing place all through the problem, each attainable lifecycle ending produces an outlined outcome. There are six attainable endings throughout three phases. Primarily based on noticed problem cycles, the three terminal outcomes have distributed as follows:
- Roughly 50% of noticed challenges ended close to breakeven — both failing Part 1 or failing the Funded part. The dealer account recovered an quantity near the problem price.
- Roughly 25% of noticed challenges ended with a web constructive outcome from failing — passing Part 1 however failing Part 2. The dealer account gathered positive aspects throughout each phases.
- Roughly 25% of noticed challenges ended with the funded payout consequence — passing all phases and receiving a funded account revenue share.
These figures are primarily based on noticed problem cycles and can differ by dealer, technique, and market circumstances. They’re offered as a reference, not a assure of future outcomes.
A dealer operating POBE doesn’t have to cross the problem to supply a outcome. The problem price turns into a capital deployment with an outlined anticipated consequence throughout all attainable paths, reasonably than a binary price in danger.
Background
Printed trade information masking over 300,000 prop agency accounts throughout a number of corporations reveals that roughly 14% of merchants cross a two-step Part 1 analysis, and roughly 1 to 2% of all problem consumers ever obtain a funded account payout. A number of unbiased sources cite the general analysis cross charge at 5 to 10%.
Researchers and buying and selling psychology professionals persistently establish emotional components — worry, impulsive restoration trades after losses, and strain to hit targets earlier than price renewal — as the first causes merchants fail evaluations reasonably than technique failures. A dealer working below analysis strain behaves in a different way from a dealer on a demo account, even when utilizing the identical setup.
POBE addresses this by eradicating guide decision-making from the method. The EA executes trades based on its configured parameters with out responding to fairness fluctuations, drawdown proximity, or goal proximity.
How the Hedge Lifecycle Works
POBE tracks three phases that correspond to a typical two-phase prop agency construction: Part 1 (Problem), Part 2 (Verification), and the Funded part. At every part the prop agency account and dealer account maintain opposing positions. When one account positive aspects, the opposite loses a proportional quantity decided by the hedge ratio.
The 4 attainable lifecycle endings are:
- Fail Part 1 — prop agency hits most drawdown. Dealer collects the opposing achieve, concentrating on restoration of the problem price.
- Fail Part 2 — prop agency passes Part 1 however hits most drawdown throughout verification. Dealer has gathered positive aspects throughout each phases, producing a web constructive lead to noticed testing.
- Fail the Funded part — prop agency passes each phases however hits most drawdown after being funded. Dealer positive aspects from each analysis phases offset the funded part loss, concentrating on breakeven.
- Go the Funded part — prop agency hits the funded revenue goal. Dealer losses throughout all three phases are offset by the funded payout and price refund. That is the utmost consequence within the lifecycle.
Many merchants assume POBE’s job is completed as soon as Part 1 and Part 2 are handed and a funded account is obtained. It is a frequent false impression. Passing Part 1 and Part 2 means the dealer account has been carrying opposing positions all through each analysis phases and has gathered a sunk price. The funded part is the place that sunk price is recovered — both by a funded revenue that offsets it totally, or by a funded breakeven that closes the lifecycle at no web loss. Operating the funded part by POBE will not be non-compulsory — it’s the last leg that completes the hedge. With out it, the dealer sunk price from each analysis phases stays unrecovered.
POBE Index
The POBE Index measures how the problem price compares to the utmost quantity the funded part might theoretically return after the payout break up. The smaller the price relative to the potential funded payout, the upper the index. A bigger account measurement or a decrease problem price each enhance the index. It shows a score on-chart:
- VERY GOOD — price could be very small relative to potential funded return
- GOOD — configuration is well-suited to hedging
- AVERAGE — hedging is viable however the margin is average
- WEAK — price is comparatively excessive, outcomes can be tighter
- NOT SUITABLE — price consumes an excessive amount of of the potential funded return, the EA is not going to advocate continuing
Run the backtest simulator earlier than committing to any dwell problem. Examine the POBE Index and Fairness Wanted figures in your particular account measurement and problem price earlier than beginning.
Constructed-In Backtest Simulator
The demo model runs within the MT5 Technique Tester with the simulated dealer mode enabled. The EA runs a full problem simulation — both reaching the configured revenue goal or breaching the drawdown restrict, precisely as it could on a dwell problem. The simulated dealer tracks the opposing place all through and shows its steadiness, fairness, and operating outcome on-chart alongside the prop agency account. The lifecycle map show and POBE Index are seen all through the check.
Run the check a number of instances throughout completely different date ranges to watch each the cross and fail outcomes and confirm the lifecycle map calculations in opposition to your individual prop agency’s parameters.
The simulator panels defined:
- Inexperienced panel — prop agency account. Reveals steadiness, fairness, drawdown, revenue goal progress, and present commerce statistics.
- Yellow panel — simulated dealer account. Tracks the interior hedge calculation together with deposit, steadiness, fairness, open positions, lot ratio, and margin. No actual second account is required throughout backtesting.
- Blue panel — full lifecycle map. Shows the POBE Index, fairness wanted per part, anticipated outcome at every attainable ending, and a abstract of all attainable lifecycle outcomes.
Stay Testing Outcomes
All six lifecycle paths have been noticed in dwell testing on a $100,000 FTMO account. Outcomes are offered as web figures in spite of everything dealer prices, problem charges, unfold, slippage, and the place relevant the funded account payout and price refund. Most outcomes landed inside 97 to 99% of the calculated theoretical values proven within the lifecycle map show.
Go Problem (Part 1)
Fail Problem (Part 1)
Go Verification (Part 2)
Fail Verification (Part 2)
Go Funded (Part 3) — run 1
Go Funded (Part 3) — run 2
Fail Funded (Part 3)
Outcomes could differ as a consequence of real-world hedging friction from unfold, slippage, and swap charges. In trending market circumstances the place fewer trades are required to achieve the part goal, hedging constancy is tighter and outcomes sit nearer to the lifecycle map values. Ranging or uneven circumstances introduce extra friction over an extended interval, and a drawn-out problem with extra trades accumulates extra friction throughout each accounts.
Notes
- Dealer choice issues. Use a low-cost dealer with tight spreads and quick execution. Excessive unfold or gradual execution widens the hole between the 2 accounts and reduces how carefully precise outcomes match the lifecycle map values.
- Two-phase challenges solely. POBE will not be configured for one-step or three-step analysis buildings with out parameter adjustment.
- Each terminals should stay energetic. If one terminal closes or loses connection, commerce copying pauses till the connection is restored.
- One occasion per machine. POBE is designed to run one occasion per VPS or PC, guaranteeing no two challenges share the identical IP tackle on the similar time.
- Dealer account funding. If the dealer account steadiness falls beneath the Fairness Wanted determine for the present part, the EA shows a warning and pauses commerce opening. The Fairness Wanted determine is proven within the lifecycle map show and features a security buffer.
- Prop agency rule compliance. The consumer is solely accountable for verifying that this strategy is permitted by their chosen prop agency earlier than use. Prop agency guidelines differ and will change at any time.
- Guide and third-party EA trades. POBE hedges all open positions on the prop agency account, together with these opened manually or by different EAs. Trades not opened by POBE use a much less exact lot ratio and can hedge with decrease constancy than POBE-opened trades.
- MT4 model coming quickly. The present model is MT5 solely. Cross-platform pairing between POBE MT4 and POBE MT5 can be supported when the MT4 model is launched.
Disclaimers
No assure of outcomes. Previous efficiency, dwell check outcomes, and theoretical lifecycle calculations proven on this product don’t assure future outcomes. Buying and selling includes substantial danger. The outcomes proven within the lifecycle map show are primarily based on supreme circumstances and will differ from precise outcomes as a consequence of unfold, slippage, swap charges, execution delays, dealer rejections, connection interruptions, and different real-world components. Precise outcomes could differ considerably from the theoretical values displayed.
Prop agency funds. The developer has no management over and accepts no accountability for any prop agency’s choice to pay out, withhold, delay, or refuse funded account earnings. Prop corporations are unbiased third-party companies. Their cost insurance policies, withdrawal phrases, account circumstances, and continued operation are totally exterior the developer’s management. The consumer assumes full accountability for choosing a good prop agency and for any monetary consequence arising from the prop agency’s actions or inactions.
No monetary recommendation. This EA is a software program software. Nothing on this product, its documentation, or any related communications constitutes monetary recommendation, funding recommendation, or a suggestion to commerce. The consumer is solely accountable for all buying and selling selections and for guaranteeing this software is acceptable for his or her particular person circumstances and danger tolerance.
Threat of loss. Buying and selling international change and associated devices carries a excessive stage of danger and will not be appropriate for all traders. Using automated buying and selling software program doesn’t scale back or get rid of this danger. It’s possible you’ll lose some or your whole invested capital. Don’t commerce with cash you can not afford to lose.
Software program limitations. This EA is offered as-is. Whereas each effort has been made to make sure dependable operation, the developer doesn’t warrant that the software program is free from errors, bugs, or interruptions. The developer accepts no legal responsibility for losses arising from software program malfunction, incorrect configuration, or sudden dealer or platform behaviour.
Third-party platforms. This product is listed and distributed by MQL5.com. MQL5.com is a third-party market and isn’t affiliated with or accountable for the operate of this EA, the actions of any prop agency, or any monetary consequence arising from the usage of this product.
Two-terminal hedge EA for two-phase prop agency challenges. Opposing positions on a dealer account produce a calculated outcome throughout all 4 attainable lifecycle outcomes.
Again to the product description | Backtest/Simulation Information
