Extra about Cross or Breakeven EA
This web page covers the total technical element, background, lifecycle mechanics, stay check outcomes, notes, and disclaimers for the Cross or Breakeven (POBE) Professional Advisor listed on the MQL5 Market.
View/Again to the product itemizing | Backtest/Simulator Information
The Thought Behind POBE
Revealed business information protecting over 300,000 prop agency accounts exhibits that roughly 1 to 2% of all problem consumers ever obtain a funded account payout. For the remaining 98 to 99%, the problem charge produces no return when the problem fails.
POBE modifications this construction. As a result of the dealer account holds the opposing place all through the problem, each potential lifecycle ending produces an outlined end result. There are six potential 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 value.
- Roughly 25% of noticed challenges ended with a web optimistic end result from failing — passing Part 1 however failing Part 2. The dealer account amassed good points throughout each phases.
- Roughly 25% of noticed challenges ended with the funded payout final result — passing all phases and receiving a funded account revenue share.
These figures are based mostly on noticed problem cycles and can range by dealer, technique, and market situations. They’re offered as a reference, not a assure of future outcomes.
A dealer operating POBE doesn’t have to go the problem to supply a end result. The problem charge turns into a capital deployment with an outlined anticipated final result throughout all potential paths, moderately than a binary charge in danger.
Background
Revealed business information protecting over 300,000 prop agency accounts throughout a number of corporations exhibits that roughly 14% of merchants go 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 go fee at 5 to 10%.
Researchers and buying and selling psychology professionals persistently establish emotional elements — concern, impulsive restoration trades after losses, and stress to hit targets earlier than charge renewal — as the first causes merchants fail evaluations moderately than technique failures. A dealer working underneath analysis stress behaves otherwise from a dealer on a demo account, even when utilizing the identical setup.
POBE addresses this by eradicating handbook 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 good points, the opposite loses a proportional quantity decided by the hedge ratio.
The 4 potential lifecycle endings are:
- Fail Part 1 — prop agency hits most drawdown. Dealer collects the opposing acquire, focusing on restoration of the problem charge.
- Fail Part 2 — prop agency passes Part 1 however hits most drawdown throughout verification. Dealer has amassed good points throughout each phases, producing a web optimistic lead to noticed testing.
- Fail the Funded part — prop agency passes each phases however hits most drawdown after being funded. Dealer good points from each analysis phases offset the funded part loss, focusing on breakeven.
- Cross the Funded part — prop agency hits the funded revenue goal. Dealer losses throughout all three phases are offset by the funded payout and charge refund. That is the utmost final result 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. This can be a widespread false impression. Passing Part 1 and Part 2 means the dealer account has been carrying opposing positions all through each analysis phases and has amassed a sunk value. The funded part is the place that sunk value is recovered — both by way of a funded revenue that offsets it solely, or by way of a funded breakeven that closes the lifecycle at no web loss. Working the funded part by way of POBE just isn’t non-compulsory — it’s the closing leg that completes the hedge. With out it, the dealer sunk value from each analysis phases stays unrecovered.
POBE Index
The POBE Index measures how the problem charge compares to the utmost quantity the funded part might theoretically return after the payout break up. The smaller the charge relative to the potential funded payout, the upper the index. A bigger account dimension or a decrease problem charge each enhance the index. It shows a score on-chart:
- VERY GOOD — charge may 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 — charge is comparatively excessive, outcomes might be tighter
- NOT SUITABLE — charge consumes an excessive amount of of the potential funded return, the EA is not going to suggest continuing
Run the backtest simulator earlier than committing to any stay problem. Examine the POBE Index and Fairness Wanted figures to your particular account dimension and problem value 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 might on a stay problem. The simulated dealer tracks the opposing place all through and shows its steadiness, fairness, and operating end result 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 occasions throughout completely different date ranges to watch each the go and fail outcomes and confirm the lifecycle map calculations towards your personal prop agency’s parameters.
The simulator panels defined:
- Inexperienced panel — prop agency account. Exhibits steadiness, fairness, drawdown, revenue goal progress, and present commerce statistics.
- Yellow panel — simulated dealer account. Tracks the inner 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 end result at every potential ending, and a abstract of all potential lifecycle outcomes.
Reside Testing Outcomes
All six lifecycle paths had been noticed in stay 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 charge refund. Most outcomes landed inside 97 to 99% of the calculated theoretical values proven within the lifecycle map show.
Cross Problem (Part 1)
Fail Problem (Part 1)
Cross Verification (Part 2)
Fail Verification (Part 2)
Cross Funded (Part 3) — run 1
Cross Funded (Part 3) — run 2
Fail Funded (Part 3)
Outcomes might range resulting from real-world hedging friction from unfold, slippage, and swap charges. In trending market situations 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 situations 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 sluggish execution widens the hole between the 2 accounts and reduces how intently precise outcomes match the lifecycle map values.
- Two-phase challenges solely. POBE just isn’t configured for one-step or three-step analysis constructions with out parameter adjustment.
- Each terminals should stay lively. 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, making certain no two challenges share the identical IP deal with on the identical 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 answerable for verifying that this method is permitted by their chosen prop agency earlier than use. Prop agency guidelines range and should 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 might be supported when the MT4 model is launched.
Disclaimers
No assure of outcomes. Previous efficiency, stay check outcomes, and theoretical lifecycle calculations proven on this product don’t assure future outcomes. Buying and selling entails substantial danger. The outcomes proven within the lifecycle map show are based mostly on ultimate situations and should differ from precise outcomes resulting from unfold, slippage, swap charges, execution delays, dealer rejections, connection interruptions, and different real-world elements. Precise outcomes might range considerably from the theoretical values displayed.
Prop agency funds. The developer has no management over and accepts no accountability for any prop agency’s resolution to pay out, withhold, delay, or refuse funded account income. Prop corporations are unbiased third-party companies. Their cost insurance policies, withdrawal phrases, account situations, and continued operation are solely exterior the developer’s management. The consumer assumes full accountability for choosing a good prop agency and for any monetary final result arising from the prop agency’s actions or inactions.
No monetary recommendation. This EA is a software program instrument. Nothing on this product, its documentation, or any related communications constitutes monetary recommendation, funding recommendation, or a advice to commerce. The consumer is solely answerable for all buying and selling selections and for making certain this instrument is acceptable for his or her particular person circumstances and danger tolerance.
Threat of loss. Buying and selling overseas alternate and associated devices carries a excessive degree of danger and is probably not appropriate for all buyers. The usage of automated buying and selling software program doesn’t scale back or eradicate this danger. Chances are you’ll lose some or your entire invested capital. Don’t commerce with cash you can’t afford to lose.
Software program limitations. This EA is supplied 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 surprising dealer or platform behaviour.
Third-party platforms. This product is listed and distributed by way of MQL5.com. MQL5.com is a third-party market and isn’t affiliated with or answerable for the perform of this EA, the actions of any prop agency, or any monetary final result arising from using this product.
Two-terminal hedge EA for two-phase prop agency challenges. Opposing positions on a dealer account produce a calculated end result throughout all 4 potential lifecycle outcomes.
Again to the product description | Backtest/Simulation Information
