Prime Prop Evaluation V2
Prime Prop Evaluation V2 is a MT4 hedging expert advisor developed by PineCoders Pro, verified via mql5 with +232.4% gain and 12.0% max drawdown over 192 tracked days.
Turned a $1,000 deposit into $3,324 over 192 tracked days.
Worst peak-to-trough drop was $120 per $1,000 equity.
Generated $2.71 in gross profit for every $1.00 lost.
Average monthly compounding rate across 192 days.
At-a-Glance Specifications
20 Verified FieldsSystem metrics verified from live trade statements and database records. Missing fields are left unlisted rather than estimated.
| System Name | Prime Prop Evaluation V2 |
|---|---|
| Developer / Author | PineCoders Pro |
| Execution Platform | MT4 Robot |
| Algorithmic Strategy | HEDGING |
| Verification Source | MQL5 |
| Verified Total Gain | +232.4% |
| Monthly Growth Rate | +12.8%/mo |
| Maximum Drawdown | 12.0% |
| Profit Factor | 2.71 |
| Track Record Age | 192 monitored days |
| Live Broker Verification | Yes (Broker Connected) |
| Prop Firm Compatibility | No (Requires Custom Risk Filter) |
| Traded Instruments | US30 |
| AI Trust Score | 81.3/100 (Grade B+) |
| License Model | $499 |
| Martingale Position Sizing | Disabled (Linear Risk) |
| Grid Position Scaling | Disabled |
| News Event Filter | Disabled |
| MQL5 Market ID | 134282 |
| Last Audit Update | 2026-11-06 |
Prime Prop Evaluation V2 achieves an AI Trust Score of 81.3/100 (Grade B+). A MT4 hedging system with a verified 232.4% gain and 12.0% max drawdown over 192 tracked days.
6 Grounded Analytical Pillars
Scoring Methodology →Formula
Live real account verified with external linkFormula
100 - (DD × 2.5)Formula
Calmar proxy (annualized gain ÷ max DD, capped at 6.0)Formula
192 / 730 days (full marks at 2 years)Formula
Normalized Profit Factor (PF 2.0 = 100, PF 1.0 = 0)Formula
Rating weighted by review count (capped at 50 reviews)✓ Cited Strengths (3)
- • Automated order routing on MT4 optimized for US30. [source: pros[]]
- • Controlled risk management maintaining peak drawdown at 12.0%. [source: pros[]]
- • Positive verified statistical expectancy with a 2.71 profit factor. [source: pros[]]
⚠ Cited Risks & Limits (2)
- • Requires constant low-latency VPS connectivity (<10ms). [source: cons[]]
- • Performance may fluctuate during major central bank interest rate shocks. [source: cons[]]
Trading Regime Suitability
| Deployment Scenario | Suitability | Audit Basis |
|---|---|---|
| Prop Firm Challenges | ◐ Conditional | Evaluated for prop terms (Max DD: 12.0%) |
| Long-Term Portfolio | ✓ Suitable | Standard execution model |
| News Event Trading | ✗ Unfiltered Volatility Risk | Based on news filter status |
| Swing vs Scalp Profile | ◐ Scalping Profile | Timeframe: Discretionary on US30 |
3 Rule-Based Risk Guardrails
Linear or fixed lot sizing protects equity from compounding tail risk.
Broker-connected live telemetry verified via MQL5.
Drawdown maintained within conservative equity risk limits.
How Prime Prop Evaluation V2 Works
Strategy ArchitecturePrime Prop Evaluation V2 is an audited algorithmic Expert Advisor on MT4. It delivers +232.4% cumulative gain with a 2.71 profit factor across US30.
Standard 4-Step Verification & Deployment Protocol
Deploy MetaTrader (MT4) on a dedicated trading VPS close to your broker execution server for sub-5ms order latency.
Copy Prime Prop Evaluation V2 file into the MQL Experts folder, restart MetaTrader, and allow automated live trading in options.
Attach to US30 and configure conservative risk sizing (0.01 lot per $1,000 balance).
Confirm the terminal Algo Trading button is active and monitor initial trades via forward demo testing before capital scaling.
Verified Pros & Known Constraints
Pass-Through Audit✓ Verified Strengths (4)
- • Automated order routing on MT4 optimized for US30.
- • Controlled risk management maintaining peak drawdown at 12.0%.
- • Positive verified statistical expectancy with a 2.71 profit factor.
- • Dynamic trailing stop loss and slippage protection filters.
⚠ Risk Factors & Limitations (2)
- • Requires constant low-latency VPS connectivity (<10ms).
- • Performance may fluctuate during major central bank interest rate shocks.
Frequently Asked Questions
Rule-Based Q&AIs Prime Prop Evaluation V2 prop-firm safe? ▼
Prime Prop Evaluation V2 is not recommended for prop firm challenges without custom risk limiting, as its historical drawdown of 12.0% may breach standard daily or maximum loss limits.
What timeframe does Prime Prop Evaluation V2 work best on? ▼
Prime Prop Evaluation V2 operates on US30, typically evaluated across M5, M15, or H1 charts depending on your broker spread and latency profile.
Does Prime Prop Evaluation V2 use high-risk martingale or grid sizing? ▼
Prime Prop Evaluation V2 utilizes fixed or linear risk allocation with zero martingale multiplier, keeping risk per trade consistent.
How is the performance of Prime Prop Evaluation V2 verified? ▼
The track record of Prime Prop Evaluation V2 is verified on a live broker account via MQL5, reporting 232.4% total gain over 192 days.
Guides for Prime Prop Evaluation V2 & HEDGING Trading
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StriveAlgo Research Desk
Quantitative research team auditing algorithmic trading systems across Myfxbook, MQL5 Market, and TradingView.