# V3FADE forward paper test (testmgr, #2374 / ledger #567) - 17 Oct 19:10 UTC

Rule: v3 pool, cap at first+300 s in 250k-1M, entry +303 s, tp5 sl0.5, 7% round-trip slip, pull = 0. Skip = both fade flags (last-60s vol share <13.9% AND buy-rate ratio <0.8). Replay n=289: skip 0.91-1.03 vs keep 1.33-1.35. Hunt: entry +300 s at 250k-1M cap, target 3-5M+ runners.
- Pools passing: 51; waiting 9; open legs 4; skipped {'cap@300 out of band': 682}
- all: n 49, mean 1.15x, median 0.47, <1x 40, pulled 4
- keep (not faded): n 30, mean 0.98x, median 0.47, <1x 25, pulled 3
- skip (faded, would not buy): n 19, mean 1.41x, median 0.93, <1x 15, pulled 1
- Kill: keep mean < skip mean at n>=20 each, or keep mean < 1.0 at n20. Only Ben switches live (D-030).