The Best Binary Options Broker 2020!
Perfect For Beginners!
Free Demo Account!
Free Trading Education!
EA Sapphire Review: Is this Forex Robot Scam?
EA Sapphire Review: Is this Forex Robot Scam?
Last Updated: Aug 17, 2020 @ 9:32 pm
EA Sapphire is a fully automated expert adviser that uses a model of trading at key price levels. Each market’s entry point is analyzed by an advanced selection algorithm and, depending on the specified criteria, a strategy of rebound or breakout of the key level is used. All trading positions contain a protective stop order, and also include take profit and break-even levels. The expert contains a block of trailing stop order, a flexible filter of economic news, a block of protection from increasing the spread, separate time and day trade filters. Advisor allows you to work as a fixed lot or use automatic calculation based on the given risk for one transaction.
The new Forex robot is promising to give traders access to an advanced selection algorithm perfect at picking out accurate entry points. The product comes with advantages, recommendations and an area where they provide a brief introduction to each parameter. Today, we will provide you with a full review, and a final verdict with ratings.
The product is developed by Fanur Galmov, a sole proprietor located in the Ukraine. It was first released in September 2020, and has been updated multiple times to V2.50. The last update was on April 2nd, 2020, so it’s been a few months, but the vendor does seem active.
In order to get in touch with support, traders can direct message Fanur on his MQL5 Profile. Generally, the response time for this type of support on the MQL5 marketplace isn’t as effective as a more commercial expert advisor. Before we make rush decisions, we need to analyze this Forex robot in details and if possible recommend the best ones which can be found on this page. If you are a trader, you need to take a look at that page.
EA Sapphire Review
The EA Sapphire robot is a highly rated program on MQL5, but this doesn’t always mean that it’s an effective system. We’ve seen these ratings be manipulated in the past, which makes it very important that we do a full analysis of Fanur Galmov’s trade approach.
Want to make money automatically with Bitcoin and Cryptocurrencies without the risk of trading yourself? Are you ready for self-custody of your investment funds? Do you like the sound of regular consistent results and profitable performance? Tired of the forex and crypto scams, false promises and games out there designed to separate you from your hard earned funds? Stop everything! ETBOT is for you! With the ETBOT software, only YOU are in control of your investment funds. The software works using API Key connections that only YOU set up and control. The ETBOT service and mother company EndoTech has been making investors hundreds of percent a year in proven gains since 2020! They use the volatility of the Crypto market to trade long and short using breakout techniques and strategies powered by real Artificial Intelligence. This year so far ETBOT has made over 75% for clients since January 1st, 2020 . If you are ready to leave the trading to the professionals and upgrade your monthly income, now is the time, head to ETBOT now and buy your subscription to get started. PS: ETBOT is a Profitable Forex/Crypto Trading Bot. 100% Verified and Recommended by Valforex.com.
Supposed advantages of using EA Sapphire (according to the developer are as follows: Advanced algorithm for tracking positions.
Each item contains a protective stop order.
Work with fixed and autolots based on MM.
There is no need to disconnect the EA at the time of news release.
The Best Binary Options Broker 2020!
Perfect For Beginners!
Free Demo Account!
Free Trading Education!
Does not use indicators, grid, martingale, arbitration.
Work with four and five-digit quotes.
Protection against spread increase.
Low trading drawdown.
The Strategy of EA Sapphire
The recommended pairs are EURUSD, GBPUSD, USDJPY. Use of ECN-broker with fast order execution is highly recommended as well.
The vendor tells us that the software uses “a strategy of rebound or breakout of the key level” when determining entries. Then, the positions are contained by a protective stop order, and break-even levels. All trades also take the economic news and other filters into consideration. In the advantages section of the sales pitch, is a quote that says the robot “does not use indicators, grid, martingale, arbitration.” Yet, in the parameters section are 6 different settings that are all connected to grid trading. These are GridMultiLot, GridTakeProfit, GridFirstOrdersStep, GridNextOrdersStep and GridMaxDD. It’s hard to believe that this strategy doesn’t have any grid elements, when you can see them within the parameters. This is likely something that needs to be resolved.
Grid trading can be very risky, so most vendors want to disassociate themselves from this strategy, but this isn’t the correct way in doing so. We would rather have 100% transparency, as that’s what we expect from the best Forex robot vendors.
Type: Forex Robot, Price: $199+, Strategy: Multiple including grid, Timeframe: H1 Pairs: EURUSD, GBPUSD
The EA Sapphire pricing model is different from most robots in that the price rises based on how many orders are placed by the community. Right now, the software has 6 copies left at $199, which will raise to $249 and inevitably become even higher than that after those 15 copies are sold. This is a marketing strategy to create more interest, but it doesn’t interest us that much. We prefer products like Forex Steam, an EA that hasn’t raised it’s price since it was released 10 years ago.
Traders can also purchase the software on a monthly basis, but these prices are too high to consider being worth it.
The majority of the client feedback is very positive with 56 reviews, and nearly all of them touting 5 stars. In fact, you really need to search through the page to find a 1 star review or anything negative. Regardless, we will show 1 positive and 1 negative so that you can see both sides of the coin:
Currently, the vendor provides us with a single MQL5 signals account for us to see the EA Sapphire trading results. Generally, we prefer Myfxbook, because it’s a much more secure platform, and one that verifies the trading accounts so there are no inconsistencies.
The trading account provided, shows a 92% gain on an ICMarkets demo, with 82.4% profit trades and 17.6% loss trades. Over 47 weeks, with 324 trades the maximum draw down is 38%.
The demo account has taken a $200 deposit, and turned it into $184 profit. We would like to see the software trade on a real account, so we can see how it performs in those conditions. We generally like to see a trading account prove that it’s at least worth the money spent for it.
Our best advice for you
While it may come across as a bit complicated, the EA Sapphire is an interesting trading product. There are aspects we approve of, and others that are not exactly in line with their own projections. It’s clear to us that this is a grid trader, so there is some risk, so be careful with how you decide to proceed. We would also like to see some verified Myfxbook accounts before we add it to our accounts. In the meantime, we are recommending the best Forex robots found on this page because the community have been endorsing them for a long time now.
VR Smart Grid – smart networks in Forex trading
This page was translated via Yandex machine translation. We are working on high-quality translation already. Follow our Telegram channel news – high-quality translation is coming soon.
> Overview of the adviser
VR Smart Grid is a multi-functional expert Advisor for the MetaTrader 4 and MetaTrader 5 terminals that allows you to trade using order networks. The adviser’s algorithm allows you to trade on the trend and against the trend. Trend trading is designed in such a way that each new order is opened only if the previous order has a Stop Loss in the profit zone. Trading against the trend is conducted in order to close unprofitable positions with a profit. The EA has a large number of settings that allow you to conduct conservative, aggressive or scalping trading of financial instruments.
> The adviser’s algorithm
The adviser’s algorithm depends on the selected settings. The standard algorithm of the adviser – the adviser is waiting for a signal from the CCI indicator. If the indicator is in the oversold zone, the adviser opens a buy position, if the indicator is in the overbought zone, the adviser opens a sell position. When prices rise, the Advisor will add to positions with the trend a lot, specified in the settings under the condition that the latter stop loss is in profit zone and against the trend, EA will open orders according to the selected type of lot calculation, in order to close the order grid at a profit. The network of orders against the trend is closed by one of the averaging options. All orders can participate in averaging, the lowest and topmost order, the last two orders, and “Smart averaging” can also be used, which selects the best option from other averages.
Expert Advisor testing report, starting Deposit 5000 RUB, income 3525.25 RUB.
It is important to note how orders are closed. The expert Advisor algorithm allows you to close a network of orders with the minimum profit specified in the program settings. The most risky orders can also be closed using previously accumulated profit. When working with trailing stop orders against the trend, there can often be a situation when trailing works on large orders with a large lot, after running a large order several times, the adviser accumulates profit and, if this profit is greater than the profit specified in the settings, the adviser will close a risky distant order.
> Advantages of the VR Smart Grid adviser
- Easy to configure
- Suitable for beginners and professionals
- It can work with any financial instruments (Forex, Crypto, CFD, Futures, Metals)
- It can be optimized in the strategy tester
- Can trade on any time periods
- It has several trading modes, according to the trend, against the trend
- It has several averaging modes, including smart averaging
- It has several types of trailing stop
- Two versions of the EA have been developed for MetaTrader 4 and MetaTrader 5
Unlike other expert advisors that use the order network trading method, VR Smart Grid can simultaneously trade for buy and sell, use trailing stop for orders, and calculate trading lots using several algorithms.
> The profitability of the adviser
The profitability of the VR Smart Grid expert Advisor was determined and achieved using the optimizer built into MetaTrader 5, since the quality of optimization, the quality of historical data is several times better than in MetaTrader 4. All settings can be applied to the MetaTrader 4 and MetaTrader 5 terminals.
The conditions of testing and optimization:
- Testing period: H1
- Testing time interval: (2020.01.01 – 20.01.07)
- Accuracy: 5 decimal places
- Simulation: 1 minute OHLC
- Initial Deposit: 1000 USD
- Margin requirements: 1: 500
- Calculations: Currency of Deposit
- Optimization: 4-pass Genetic algorithm
- Positive passes 28346
Optimization report with maximum profitability, optimization is made on five waves with a genetic algorithm.
Each wave is the start of optimization, and each point is the result of optimization. The optimizer was able to find and calculate several thousand sets of settings for which the VR Smart Grid adviser showed a positive result. All pass results are archived with the program in the Report Optimizer file.xml
Schedule and report of testing the VR Smart Grid adviser in the strategy tester:
Chart of a single run of the adviser in the strategy tester after optimization.
- Story quality: 99%
- Bars: 6247
- Ticks: 1459380 Characters: 1
- Net profit: 1 125 546.15
- Absolute drawdown on the balance: 2.90
- Absolute drawdown on funds: 683.91
- Total profit: 1 291 073.39
- Maximum drawdown on the balance: 8,815.44 (1.09%)
- Maximum drawdown on funds: 454 720.68 (52.50%)
- Total loss: -165 527.24
- Relative drawdown on the balance: 1.93% (6,371. 80)
- Relative drawdown on funds: 76.51% (52,875.73)
- Profitability: 7.80
- Expectation of winning: 993.42
- Margin level: 62.88%
- Recovery factor: 2.48
- Sharpe Ratio: 0.20
- Z-Score: 19.73 (99.74%)
- AHPR: 1.0067 (0.67%)
- LR Correlation: 0.95 OnTester Result: 0
- GHPR: 1.0062 (0.62%)
- LR Standard Error: 138 699.54
- Total trades: 1133
- Short trades (% of winners): 591 (56.35%)
- Long trades (% of winners): 542 (59.78%)
- Total transactions: 2266
- Profitable trades (% of all): 657 (57.99%)
- Loss-making trades (% of all): 476 (42.01%)
- Largest profitable trade: 72,687. 74
- The largest losing trade: -8 815.09
- Average profitable trade: 1,965.10
- Average loss-making trade: -347.75
- Maximum number of continuous wins (profit): 10 (161 163.53)
- Maximum number of continuous losses: 14 (-1 894.89)
- Max. continuous profit (number of wins): 161 163.53 (10)
- Max. continuous loss (number of losses): -8 815.09 (1)
- Average continuous win: 2
- Average continuous loss: 1
Additional testing data:
To create the settings file, the best result was selected from 31756 received parameter sets.
You can study the results of optimization and testing yourself.
All files, reports, and optimization caches are archived with the program.
Recommended reading: What you need to know about set files in MetaTrader
- Conduct testing in conditions as close to real as possible.
- Use demo accounts for tests.
- Conduct testing for at least 2-4 business weeks
- Use a VPS server, this will allow the expert Advisor to work efficiently 24/7
- The program settings allow you to run multiple copies of the adviser in one terminal
- Do not allow yourself to take big risks, use a small Deposit
- Any .set files check on tests
- Testing the adviser in the strategy tester will not give you any guarantees, use only demo accounts
- Do not leave the adviser to work 24/7 on a real account, always monitor the work of the adviser
- Adjust the settings if necessary
> Settings for the VR Smart Grid adviser
- [opt] – it makes sense to optimize the Setting.
- [4/5] – the setting depends on the number of decimal places on the trading account.
- Lot calculation type (Fixed or Percentage) – this setting allows you to set a fixed lot or lot based on the account balance. In the first case, when trading profitably, the starting lot for all networks will remain unchanged. In the second case, when the profit on the balance sheet increases, the starting lot will also increase.
- Fixed lot – the Lot is unchanged and does not depend on the balance on the Deposit. Example: 0.01, 0.23, etc.
- Lot by percentage % – Dynamic lot and depends on the balance on the Deposit. By entering the value 1 in the field, the expert Advisor automatically calculates the lot based on 1% of the Deposit, if the Deposit is $ 100,000, the lot will be calculated from 1% it is $ 1000, the lot value will be 4.33 lots.
- Value – depending on the selected type of lot calculation, the value field is specified for a Fixed lot or a Percentage of which the lot will be calculated.
- [opt] lot calculation Type ( calculation for orders) – this setting allows you to select one of several types of lot calculation for the order network.
- Start lot (1,1,1,1,1,1,1,1,1,1,1) – This lot calculation uses the starting lot without changes for all orders in the network.
- Martingale lot (1,2,4,8,16,32,64,128) – This calculation of the lot increases the lot, for each subsequent order in the network, twice
- Fibo lot (1,1,2,3,5,8,13,21,34) – This lot calculation increases the lot for each subsequent order in the network based on the principle of Fibonacci numbers. Each new lot is equal to the sum of the previous two lots.
- Sum start lot (1,2,3,4,5,6,7,8,9) – This lot calculation increases the lot for each subsequent order in the network, on the principle of adding the starting lot.
- Up lot + Dw lot (3+,4,7,10,13,16,19) – This lot calculation increases the lot, for each subsequent order in the network, according to the principle, the sum of the smallest lot and the largest lot.
- Maximum allowed lot for purchases – this setting will limit the size of the maximum lot for purchase orders. If the lot is calculated more than specified in the settings, the adviser will automatically reduce the lot to the value specified in the settings.
- Maximum allowed lot for sales – this setting will limit the size of the maximum lot for sale orders. If the lot is calculated more than specified in the settings, the adviser will automatically reduce the lot to the value specified in the settings.
- [opt] order averaging Type – this setting allows you to select one of several types of order averaging.
- All orders – This type of averaging automatically sets the total take profit for all orders by type. At the same time, buy orders will have their own take profit, and sell orders will have their own.
- Two extreme orders Maximum and Minimum – the setting allows you to average the two extreme orders between each other and exclude from averaging all orders that are located between the highest and lowest orders.
- Two extreme orders Maximum and Previous – This type of averaging automatically averages the last two orders.
- Smart averaging, selects the best averaging from other averages – This type of averaging automatically analyzes the above-described averaging types and selects the most appropriate averaging type for the current situation. The expert Advisor automatically applies the best averaging option.
- Do not use averaging – Averaging is not used.
- Two extreme orders Maximum and Minimum (Partial closing) – This type of order closing uses the method of splitting orders into parts, the program automatically takes the lot of the maximum order and splits it into parts. Then the program closes the maximum order in parts. For purchases, it looks like this: the Maximum order at the price is at the very top, its lot is larger than the minimum, the program splits the lot into parts and automatically closes part of the maximum order and the most recent order in the network.
- Two extreme orders Maximum and Previous (Partial closing) – This type of order closing uses the method of splitting orders into parts, the program automatically takes the lot of the previous order and splits it into parts. Then the program closes the previous order in parts. For purchases, it looks like this: the Previous order at the price is higher than the last order, its lot is greater than the minimum, the program splits the lot into parts and automatically closes part of the previous order and the most recent order in the network.
- Virtual network – This type of order closing is a separate experimental strategy. The virtual network is built inside the program, which allows you to use stop loss and take profit when trading.
- Manual change of the total take profit – this setting allows you to display the line on the chart to increase the total take profit for the order network. The line is moved with the mouse after double-clicking on it.
- [opt] trade on a trend ? – Setting automatically turns the trade on the trend. There are no lot calculations for trend orders and the starting lot is used.
- Do not use – trading on the trend is not conducted.
- Enabled – to enable trade with the trend.
- Trade type – the setting allows you to choose the direction of trade or disable trade in the direction or completely stop the program trading smoothly.
- Trade all orders – this setting allows the program to trade buy and sell orders.
- Trade only buy orders – this setting allows the program to trade only buy orders.
- Trade only sell orders – this setting allows the program to trade only sell orders.
- Stop buy trading smoothly – the setting allows the program to trade buy orders, allows the program to trade sell orders until the network of sell orders is completely closed.
- Smoothly stop sell trading – the setting allows the program to trade sell orders, allows the program to trade buy orders until the network of buy orders is completely closed.
- Smoothly stop trading with the expert Advisor – the setting allows the program to trade in all directions until the network is completely closed for purchase and until the network is completely closed for sale in turn.
- Enable manual trading mode – this setting allows the program to provide the order network management to the trader in manual mode. The trader gets a control panel with which he can indicate the levels on the chart for opening subsequent orders and set the lots manually for subsequent orders. The advantage of this mode is the ability to set levels in a free direction, including at an angle.
- [opt] trade on a new bar ? – The setting indicates the moment when orders are opened.
- Do not use – trade regardless of the period.
- Included to take Account of the emergence of a new period.
- Maximum number of buy orders – the setting limits the number of buy orders in the network.
- Maximum number of sell orders – this setting limits the number of sell orders in the network.
- [opt] [4/5] Step between orders in points – the setting sets the distance between which subsequent orders will be opened.
- [opt] order Series – setting allows the program to affect the previous setting and change the distance between orders depending on the number of orders.
- [opt] [4/5] Minimum profit for closing orders in points – the setting adds the specified number of points to the average price of the order network.
- Close all orders with a profit or loss in the Deposit currency – this setting tells the program at what amount of the current profit or loss to close all orders and stop trading, before restarting the program.
- Use Commission and swap compensation – the setting tells the program to compensate Commission and swap in profit. The spread is not taken into account.
- Do not use – Compensation for the swap and Commission is not taken into account.
- Enabled – compensation for the swap and Commission is taken into account, and the calculated number of points is added to the total take profit.
- [opt] trailing stop Type – the setting tells the program which type of stop loss pull – up for the price to use.
- [opt] Don’t use trailing stop – the setting tells the program not to use trailing stop loss.
- [opt] Classic trailing stop – setting tells the program to pull up the stop loss automatically after the price and only in the direction of reducing the loss and increasing the profit.
- [opt] Trailing stop on the Donchian channel – the setting tells the program to pull up the stop loss automatically after the price and only in the direction of reducing the loss and increasing the profit, while using the Donchian channel levels.
- [opt] Trailing by moving Average – the setting tells the program to pull up the stop loss automatically after the price and only in the direction of reducing the loss and increasing the profit, while using the moving average price.
- [opt] Distance for trailing stop – setting sets the minimum distance at which the stop loss is pulled up after the price.
- [opt] Donchian or Moving average Period when trailing on the indicator – the setting sets the period for the Donchian or moving average indicator.
- Time limit (On/Off) – the setting specifies the time when the program does not trade orders, and the program will automatically monitor previously opened orders.
- Do not use – Do not use time control.
- Enabled – Limit the program’s trading time.
- Stop trading by time – this setting specifies the time from which new orders should not be opened.
- Resume trading by time – the setting specifies when to resume trading.
- [opt] trading strategy signal Type – the setting specifies which signal to use to start trading a network of orders.
- [opt] Do not use the indicator signal – the setting tells the program to trade independently of the signals.
- [opt] Signal from the CCI indicator – the setting tells the program to use the CCI indicator for signals. Buy orders are opened when the CCI crosses a level -100 from the bottom up, to sell when CCI crosses 100 from top to bottom.
- [opt] Donchian channel Breakdown – the setting tells the program to use the Donchian indicator for signals. The purchase occurs when the current price breaks through the local maximum price level for the selected period. A sale occurs when the current price breaks through the local minimum price level for the selected period.
- [opt] moving average Intersection – the setting tells the program to use two moving averages for signals.
- The signal to an external indicator – setting specifies the program to use the external indicator signals are passed via global variables. GlobalVariableGet (“SignalBuy”) = = 1 and GlobalVariableGet (“SignalSell”) = = -1
- [opt]Apply the signal to all orders in the network – the setting tells the program to use the received signals from trading strategies for all orders. All new orders will be opened if all conditions and signals from the strategy are met.
- [opt] period of the Donchian indicator or fast moving average – the setting specifies the period for signals from the Donchian indicator or the period for the fast moving average.
- [opt] slow moving average Period – the setting sets the period for signals from the slow moving average.
- Show balance information on the chart – this setting allows you to display information about balance changes in the upper-left corner of the chart.
- Do not use – do Not display changes in the balance.
- Enabled – Display balance changes.
- Low Margin warning – this setting tells the program to display a low Margin warning for the trader.
- Order comment – this setting sets a custom comment for orders. If the field is empty, the program name and MagicNumber are used as comments.
- Order serial number (Magic Number) – this setting allows the program to control and open orders only with the specified serial number.
- Slippage – this setting tells the program in which range of points to allow brokers to accept orders, if the price has changed since the order was sent to the server.
Video review of the adviser and description of settings
> Updates and version history of VR Smart Grid
Version 20.27 2020.02.13
- Revised calculation of swap and Commission compensation
- The program’s algorithm has been optimized and accelerated
Version 20.26 2020.02.01
- Optimized the calculation of the lot by percentage
Version 20.25 2020.01.30
- Fixed – Message and maxlotcheck lot calculation
- Fixed – Trading at the intersection of moving averages
The entire history of changes and updates can be viewed at the link.
OKRs vs. SMART Goals
Head of Marketing, Perdoo
This is the second of a five-part series examining how OKR compares with other management frameworks. In this post, we look at how OKR compares to SMART Goals.
SMART goals are a popular way of creating goals that many organizations use to achieve success. This post will look at the similarities and differences. If you’re looking to move from SMART goals to OKRs, once you’ve read this post, you’ll have a good idea of where to start.
We’ll break this post into sections, starting with a recap of OKR, a recap of the SMART criteria, and a comparison at the end.
What is OKR?
OKR is a goal management framework that helps leaders lead their teams from A to B. Some of the benefits of OKR include, improved focus, increased transparency, and better alignment between teams. Invented by Andrew Grove at Intel and later popularized by Google, OKR has become well known amongst Silicon Valley tech companies and is being adopted by many organizations across the world.
OKR provides a simple structure and criteria for creating business goals as well as a number of rules and best practices organizations can adopt.
How do OKRs work?
A good OKR consists of two elements: an Objective and one or more Key Results. At Perdoo, we introduced a third element: Initiatives.
Objectives represent a destination. They answer the question “Where do I need to go?”
- Objectives set a clear direction and are inspiring
- Objectives DO NOT contain a number.
Example: Turn our website into a lead generation machine
Key Results measure progress toward an Objective. They answer the question “How do I know I’m getting there.”
- Key Results are metrics that measure the success of an Objective, like the number of sales (Get examples for Sales OKRs) or website traffic (Get examples for Marketing OKRs). They are things you influence.
- Key Results are not things you do, like completed projects or launched products.
Example: Achieve 400 website leads per month
Initiatives describe the work done to drive progress on Key Results. They answer the question “What will I do to get there?”
- Initiatives are projects or other activities that you believe will influence your Key Results.
- Initiatives do not indicate success; success is dependant on progress of Key Results.
Example: Create 8 new landing pages
In this video, Perdoo CEO Henrik-Jan van der Pol explains the power of structuring goals as OKRs, using an everyday example:
What are SMART goals?
SMART is a set of criteria for creating goals, attributed to the work of Peter Drucker and his framework Management By Objectives (MBO).
Unlike other frameworks which cover strategy creation, organizational hierarchy, and performance management, SMART is a simple structure that describes how to create and measure progress towards goals. In this sense, the SMART critera and an OKR can be compared as two alternate ways to structure a goal.
The SMART criteria list five things that a goal must fulfill:
If we take each of these SMART criteria individually, we can look at the details behind setting smart goals.
How SMART goals work
A SMART goal must be specific by providing a clear description of what needs to be achieved. It should be understandable for everyone contributing to it.
For example: We close more enterprise customers in North America.
This goal has a clear scope (North America enterprise customers) provides a description of what needs to be accomplished (close more of them). However, it doesn’t tell you anything about how success is measured, why it matters, and when it needs to be achieved.
To know when a goal is achieved it must be measurable. A metric should be included, with a target to reach that indicates success.
For example: We close 10,000 enterprise customers in North America.
This goal has a target you can measure progress against. Once 10,000 enterprise customers in North America are closed, the goal will be considered successfully achieved.
A goal is achievable when it is within the realms of possibility, given the available resources and constraints within your control. This doesn’t imply that it should be easy.
Taking our previous example, since closing 10,000 customers represents an unrealistic target the sales team decides to amend it.
For example: We close 750 enterprise customers in North America.
This goal might be difficult but it is possible to achieve. However, it’s still not yet clear why achieving this goal matters.
A goal is relevant when it’s consistent with, and leads to, an outcome that contributes toward other organizational goals.
For example: We close 750 enterprise customers in North America to expand our market share.
This goal is now connected to the company’s larger goal to “expand our market share”. The only thing that’s still missing is a deadline.
A time-bound goal has a start and end date. An end date is important, since this is when the goal will be reviewed, to see whether or not it’s considered a success.
For example: In 2020, we close 750 enterprise customers in North America to extend our global footprint.
The goal now has a scope and duration and meets all SMART criteria.
What OKRs and SMART goals have in common
The first thing OKRs and SMART goals have in common is their history. Both goal setting approaches date back to Peter Drucker’s theory of Management by Objectives (MBO). OKRs and SMART goals are a development of MBO and support the belief that goals are key to achieving organizational success.
OKRs and SMART goals both contain a number of criteria that describe their structure. While OKR might look simpler than a SMART goal, OKR’s three letters cover the same criteria that SMART does.
Here’s a direct comparison between OKR criteria and SMART criteria.
|Specific||Objectives have a clear scope and set direction, while Key Results further specify what achieving the Objective means.|
|Measurable||Key Results always contain metrics that measure progress toward the Objective.|
|Achievable||OKRs should be achievable with the time and resources you have available. However, the targets you set for your Key Results should be ambitious, 70% completion is already considered a good result.|
|Relevant||All OKRs are aligned to higher-level OKRs, ensuring all teams are working along the organization’s path to success.|
|Time-bound||Each OKR has a start and end date. Company OKRs usually last one year, and Group OKRs last one quarter.|
OKR and SMART are also similar in their informality, they have no governing body or commercial certification requirements like Six Sigma and SCRUM. SMART and OKR are open source. Both frameworks were created and refined over time by many different organizations testing what does or doesn’t work. This is in contrast to other management frameworks that have their roots in academia, government, and professional organizations.
The difference between OKR and SMART goals
On the surface, SMART goals and OKRs look similar. They both offer a structure, and they both have rules that help set scope, time frames, and alignment. However, the similarities end here, and where SMART ends, OKR takes over.
SMART views goals in isolation and provides a simple, yet memorable acronym and criteria to describe their structure. OKR also provides a structure but draws a distinct line between the Objective of the goal (what you want to achieve) and how to measure progress towards it using Key Results.
This an area where the “M” in SMART can cause confusion since there are several variations of what the acronym SMART means. For example, the M can stand for measurable, meaningful, or motivational.
Swapping out measurable for meaningful or motivational has the potential to alter the structure and focus of a SMART goal, de-emphasizing the importance of the measurement of progress, something OKR highlights. By contrast, there’s no room for interpretation with OKR. A goal always contains an Objective and Key Results.
OKR doesn’t treat goals in isolation
OKR further differs from SMART because OKRs are created within a framework that describes their relationship to organizational hierarchy and their relationship to organizational timeframes.
The Ultimate OKR is at the very top of the OKR hierarchy and runs for 5, 10, or even more years. It is a goal that combines the company’s vision (where do we want to be in the long-term future?) and its mission (what is our purpose?).
Company OKRs form the second level of the OKR framework and run for one year. They represent company strategy translated into 3 to 5 goals that the entire organization works toward. Company OKRs play an essential part in aligning work across an entire organization, setting a clear focus for all employees and providing a point of reference for Group OKRs.
Group OKRs form the third level of the OKR framework. They run on a quarterly timescale and represent the tactics that teams or departments execute to drive progress toward Company OKRs.
Compared to SMART, OKR provides an additional level of organizational structure and context that goals work within. SMART, in comparison, only considers the formation of goals in isolation, with OKR the relationship between goals across an entire organization is clear.
OKRs vs. SMART Goals – Which of the two should you use?
The SMART criteria are easy to remember, easy to use and work great for personal goal setting. However SMART simply describes a goal in isolation. OKR provides an extra level of organizational context and turns goal setting into a company-wide exercise. With OKR, an entire organization can achieve clarity and focus.
To learn all the basics of setting great OKRs in your team or organization, download our free OKR eBook.
The best websites voted by users
GridVR for PC Reviews – Metacritic
Jan 17, 2020 · GridVR for PC game reviews & Metacritic score: Enter the dark space of GridVR and experience classic games in gripping VR style. Bring your reaction and creativity to a new level by shooting at objects in sh.
GridVR – GameSpot
Jan 17, 2020 · Find reviews, trailers, release dates, news, screenshots, walkthroughs, and more for GridVR here on GameSpot.
Grid Review – IGN
Oct 08, 2020 · Grid Review. 8. great. Grid is way too lean on tracks but delivers its hyperbolic brand of Hollywood-style racing with style and confidence. PC Xbox One PS4. Recommends. 1h 30.
GridVR Review (Steam VR) – Valve Index, HTC Vive & Oculus Rift
VR-Grid is therefore perfect for VR beginners and arcade fans! Review: GridVR is a collection of games from shooting to snake and even a Simon Says style of game and it …
Grid Review – GameSpot
Jun 05, 2008 · Codemasters’ Race Driver series has long put the emphasis on making the driver, not the cars, the stars of the show. Grid is the spiritual successor to this series, and though it still offers you .
Top 10 results many people are interested in
The Grid VR Arcade (Regina) – 2020 All You Need to Know .
Sep 02, 2020 · The Grid lets people experience high quality VR in a relaxed setting, by themselves or with friends. There are numerous games and experiences to choose from. The Regular arcade rooms are rented to groups of 1-4 people, and there is a wheelchair. more
Grid Review – YouTube
Oct 08, 2020 · Grid is a hyperbolic brand of high-contact, Hollywood-style circuit and street racing delivered with style and confidence. Reviewed by Luke Reilly on PlayStation 4. Also available on Xbox One and .
Home – THE VR GRID
Latest Oculus Quest Reviews. See All Items. 8 Great. Audica. Audica arms you with 2 guns and has you shooting a variety of targets to the beats as they appear before you. February 9, 2020. 7 Good. Skyworld: Kingdom Brawl. Obliterate friendships in the unforgiving VR battle arenas of Skyworld: Kingdom Brawl.
NZXT GRID+ V2 Digital Fan Controller Review | TweakTown
Sep 24, 2020 · NZXT GRID+ V2 Digital Fan Controller Review (Page 1) . We openly invite the companies who provide us with review samples / who are mentioned or discussed to express their opinion. If …
EA Review: VR Smart Grid – Forex Robot Nation
VR Smart Grid Review Unlike most products in the MQL5 marketplace, the VR Smart Grid comes with an extensive explanation about the robot, and what type of trading principles its …
Defense Grid 2: VR Edition Review: Taking Back The Tabletop
Mar 29, 2020 · Defense Grid 2: Enhanced VR Edition should be considered a role model by any studio that is looking to port an existing franchise onto a VR platform.
Grid: Autosport review | PC Gamer
Jun 24, 2020 · Grid: Autosport review. By PCGamer 24 June 2020. . But you have to feel for whoever was in charge of penning Grid Autosport’s back-of-box brags; it’s …
VR Smart Grid Review: Is This A Scam EA?
Nov 16, 2020 · VR Smart Grid Review: this is the name of a multifunctional Expert Advisor designed for the MT4 and MT5 trading platforms. Is this a legit Forex robot? Read our review to see what experts have to say about the Forex trading software. What Are Forex EAs, Signals or Indicators?
GRID Autosport on DK2 (First VR Test) – YouTube
Oct 10, 2020 · GRID Autosport on DK2 (First VR Test) Betta Lines. Loading. Unsubscribe from Betta Lines? . Oculus Quest Review – Duration: 17:44. Linus Tech Tips Recommended for you.
Gridvu Artist’s Drawing Tool | BLICK Art Materials
Gridvu is a viewable grid system that helps artists observe the interplay of visual elements in terms of scale, direction, and location. An innovative yet simple tool, Gridvu simplifies scale and proportion by making it easier to locate a subject’s center. Its clear viewing grid provides a refere.
GridVR – Juegos Friv – Juegos Gratis – Games
VR-Grid also stands for a minimalist design to create a certain retro feel in the VR world. This gives the classics the perfect setting. VR-Grid is therefore perfect for VR beginners and arcade fans!
Grid 2 review | PC Gamer
Grid 2 review There’s a long corner arching through a part of Grid 2’s sun- drenched Californian track where a squirrel dashes across the road. It’s always at precisely the same point, and always.
GridVR on Steam
Jan 17, 2020 · VR-Grid also stands for a minimalist design to create a certain retro feel in the VR world. This gives the classics the perfect setting. VR-Grid is therefore perfect for VR beginners and arcade fans!
Review: Defense Grid 2: Enhanced VR Edition – VRFocus
Mar 28, 2020 · From the tutorial all the way through to the 26th level, Defense Grid 2: Enhanced VR Edition is a fantastic representation of VR taking a well worn …
Top Trending Game Searches
PC Gamer is Part of Future US Inc,an international media group and leading digital publisher. Visit our corporate site
Future US,Inc. 11 West 42nd Street, 15th Floor,New York, NY 10036.
The Best Binary Options Broker 2020!
Perfect For Beginners!
Free Demo Account!
Free Trading Education!