# Audit nh1m (A3-NH1M) - auditor, 17 Oct 2026
Verdict: FIX / NOT VERIFIED (too early; forward on-time n=6).
Numbers (arm A, from /root/tm/nh1m/trades.csv):
- Forward on-time: n=6, mean 1.03x, ex-top1... ex-top2 0.60x (1 tp 2.82x, 2 stops 0.43x, 3 quiet 0.83x). Needs n>=15.
- Forward late (excluded by spec): n=14 mean 1.92x, mostly tp - not tradable entries, do not count.
- Replay on-time n=23 mean 1.31x (ex-top2 1.16x); replay late n=50 1.28x. Replay is 72 of 93 rows: the 1.25x headline is replay-driven.
- Fwd on-time 1.03x vs replay 1.31x: below band; fwd kill line is 1.05 at n20.
- Quiet exits: 21 of 29 on-time rows are "quiet" marked at last print capped 1.0 - unresolved, not real fills. If unresolved = 0.5x the registry blocker (1.05) applies; edge is roughly zero.
- Outsider sell depth: not measured. Sellability eth_call sim not run this pass (no fwd sample yet worth it).
Open before VERIFIED: fwd on-time n>=15 in band with quiet exits resolved by real last-seen price, outside-seller / sell-depth check, 3 hand-rebuilt fills.
Re-audit at fwd on-time n=15 (or 20 Oct decide-by). KILL if arm A mean <1.05 at n20.
