Sample data

The Shadow Book: a month of blocked orders, priced.

Orders the discipline gate refuses are stored here and tracked against live price to their would-be result. At month end you see what your rules cost you and what they saved you, in money.

Rules saved you
$1,240
net would-be P&L of the 9 blocked orders
Losses avoided
$1,880
5 blocked orders that would have lost
Wins forgone
$640
4 blocked orders that would have won
Real P&L, same month
+$2,310
from the 41 orders the gate allowed

September, blocked orders

DateOrderRule that blocked itWould-be resultWould-be P&L
2 SepXAU/USD · buy 1.0Guardrail: wait 30 min after a lossStopped out 20 minutes later−$620
4 SepNAS100 · sell 2.0Tilt-lock third loss inside an hourStopped out 30 minutes later−$410
5 SepEUR/USD · buy 3.0Risk 2.4% above the 1% capHit target+$180
9 SepGBP/JPY · sell 1.5Stop would breach the daily-loss limitStopped out; the account would have failed−$390
12 SepBTC/USD · buy 0.2Outside the playbook's sessionHit target overnight+$240
16 SepXAU/USD · sell 0.5Guardrail: stop after 2 losing trades a dayStopped out at the London open−$310
18 SepUS30 · buy 1.0Tilt-lockSmall win at the close+$95
23 SepEUR/USD · sell 2.0Risk 1.8% above the 1% capStopped out−$150
25 SepXAU/USD · buy 0.8Fourth trade of the day (max 3)Hit target+$125
Net would-be P&L of everything the gate blocked−$1,240

A blocked market order is tracked from the price at which it was refused, a blocked limit or stop order from the moment price reaches its trigger, until it would have hit its stop or its target. An order refused for having no stop-loss has no exit to measure, so it is not priced.

What the month says

By rule

  • Rule Finder guardrailssaved $930
  • Stop would breach the daily-loss limitsaved $390
  • Tilt-locksaved $315
  • Risk capcost $30
  • Playbook session and trade-count rulescost $365

What to do with it

  • The two Rule Finder guardrails paid for the month on their own. Keep them hard.
  • The breach check refused the one order that would have failed the prop account.
  • The session and trade-count rules cost $365 in forgone wins. Review them with three months of data before loosening anything.

How to get yours

  1. Connect MetaTrader 5 in two steps (the password is typed only on MetaApi's secure page).
  2. Set your rules: stop-loss required, risk cap, tilt-lock, playbook sessions and trade counts, plus the guardrails Rule Finder suggests from your own history.
  3. Place orders from Kalmat's Trade Ticket. Allowed orders go to your broker; refused ones land here, priced.

The gate covers orders placed through Kalmat on MetaTrader 5 today, and cTrader once its live connection is approved. Orders placed directly in the broker's own platform are journaled, not gated.

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