New Hope PRO Evaluation: What to Test in One Month

A month with an arbitrage robot should leave you with answers, not just a profit screenshot. Can you prepare your chosen connection, understand why the software takes an action and check what happened on the account? This New Hope PRO evaluation plan turns those questions into a practical record you can use before deciding on the full package.

The paid evaluation costs $500 for one month. It is a one-time personal test, with no extension, rather than a renewable rental. Free learning in New Hope Workspace is a separate option: you can explore lessons and practise in a simulator before buying software access.

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First choose the access that matches your preparation

The evaluation suits someone who can independently prepare a broker connection and trading configuration. It does not include a broker list, ready-made presets or help building a profitable configuration. If you need a guided setup with those materials, compare the full package before paying for an evaluation.

VPS hosting and broker trading charges are separate from software access. The built-in feeds require no additional feed payment; their individual sources are not disclosed. Check the agreed start and end dates and purchase terms before scheduling your review. The four stages below are an example sequence within your access period, not additional time.

Educational workflow: four stages within the agreed evaluation period, not a performance forecast.

Stage 1: write down what you are testing

Choose one configuration and one clear question. For example: “Can I independently operate this connection and reconcile its orders with my account history?” A list of several brokers, instruments and changing settings makes it harder to understand which part caused a difference.

Before the evaluation starts, complete a short preparation sheet:

• Product version, connection type and configuration identifier.

• Broker, exact server, account environment and permitted trading methods.

• Instrument name, contract size, quantity step and account currency.

• VPS location, clock time zone and where you will keep logs.

• The questions you need answered, including unresolved setup points.

Keep passwords and keys out of this sheet. Use the broker compatibility checklist to prepare account details. Compatibility does not mean that every strategy is suitable or permitted on that account.

Check data and trading access separately. cTrader documents separate price and trade FIX credentials; receiving prices through the price connection does not establish trading access. Its symbol IDs may also differ between brokers. This is an example of a connection check, not a request to place a test order.

Stage 2: observe the operating sequence

After following the installation instructions, check the software version, selected connection, exact instrument and current state. Then distinguish five events: a quote arrives, the strategy evaluates it, an order request is created, the broker responds and an execution is recorded. These events are related, but they are not interchangeable.

For available activity, keep the request or order ID, event time with time zone, requested quantity, response and executed quantity. If no request was created, record that fact. A quiet period is not the same as an order rejection, and successful authentication is not the same as a completed trade.

Keep one configuration unchanged long enough to review it. When something changes, save the old version and record the time and reason. You do not need to increase activity or place live trades simply to fill the worksheet. If a question cannot be tested with the available records, mark it as unresolved.

For quote timing, use the separate New Hope PRO feed-comparison guide. For missing responses or rejected requests, use the order rejection guide.

Stage 3: turn the records into a small review

Illustrative numbers, not New Hope performance: suppose your log contains 100 distinct order requests. Ten were rejected and 90 were accepted. Of those 90, 78 were fully filled, eight partly filled and four cancelled without a fill. The categories cover all 100 requests.

• Acceptance rate: 90 ÷ 100 × 100 = 90%.

• Rejection rate: 10 ÷ 100 × 100 = 10%.

• Fully filled requests: 78 ÷ 100 × 100 = 78%.

These figures describe different things. Acceptance is not full execution. Record the remaining quantities on partial fills, and group rejections by their actual cause. The example percentages are not pass marks or expected results.

Check the account report alongside the application log. MetaTrader 5 reports separate profit, loss, commissions and swaps, and provide balance, equity and risk views. Match the period and understand the selected metric before comparing two reports.

For another teaching example, $240 of gross gains minus $180 of gross losses gives $60 before charges. With $24 of commissions and $6 of swap charges, the result is $30. If those charges are already included in the reported result, do not subtract them again. Use actual execution prices; do not also subtract an estimated slippage charge from a result that already reflects those prices.

If you use Myfxbook, retain an export as well as a chart. Its official instructions describe exporting account history. Keep any open positions and the account's equity visible in your review instead of relying only on closed trades.

Stage 4: make a decision from the evidence

Finish with a one-page review. A useful conclusion is specific: “I can explain the connection, reconcile recorded orders and operate the controls.” “It earned money this week” does not answer all of those questions.

Use three outcomes: ready to decide, more information needed, or not suitable for the intended setup. A month with too little relevant activity can end with unanswered questions. It should not be turned into a claim about future returns.

What to do before paying for an evaluation

Start with the free Workspace lessons if the controls, account records or connection terms are unfamiliar. Check the written purchase and refund terms separately; this review plan does not make a trading outcome a refund condition. You can also use the access and setup guide to see what happens after purchase.

Already able to prepare the environment independently? Review the current New Hope PRO packages and use this worksheet to define your questions before the evaluation begins.

Start with free Workspace learning · Compare evaluation and full purchase