First dashboard:
- Total PnL: Total profit or loss on account.
- Account Balance: Total money in a trading account.
- Win Rate: Percentage of winning trades.
- Total Trades: Number of trades taken.
- Breakeven Trades: Trades that neither gain nor lose money.
- Breakeven Threshold: The minimum absolute Risk-to-Reward ratio (+/- RR) for a trade to be considered break-even.
- Average RR: Average risk-reward ratio across all trades.
- Max RR: Highest risk-to-reward ratio on a single trade.
- Ideal RR: Optimal risk-to-reward ratio for best results.
- Max Ideal RR: Highest ideal risk-to-reward ratio aimed for.
Advanced Analytics:
Summary:
- Average RR: Average risk-reward ratio across all trades. This only considers trades that have an SL and TP.
- Average Duration: The average duration of all trades in the session/project.
- Total trades: The total amount of trades taken in the session/project.
- Account age: The amount of time backtested in the session/project.
Winning Trades:
- Total winners: The total amount of winning trades in the session/project.
- Best win: The percent gain of your best-taken trade.
- Average win: The average profit across all your winning trades.
- Average Duration: The average duration of all your winning trades in the session/project.
- Average Win Streaks: The average number of consecutive winning trades.
- Max Win Streaks: The longest consecutive winning streak of trades.
Losing Trades:
- Total Losers: The total amount of losing trades in the session/project.
- Worst Loss: The percent loss of your worst-taken trade.
- Average Loss: The average loss across all your losing trades.
- Average Duration: The average duration of all your losing trades in the session/project.
- Average Loss Streaks: The average number of consecutive losing trades.
- Max Loss Streaks: The longest consecutive losing streak of trades.
BUY/SELL ANALYTICS:
- Total trades: The total amount of trades you have taken and the percentage between buys and sells.
- Win rate: Understand which side of the market you perform better in, the buys or the sells.
Performance per hour:
- This section shows your performance by hour, detailing both the number of winning and losing trades.
Performance per day:
- This section shows your performance per day of the week, highlighting in green or red the most profitable to the least profitable trading days also indicating the amount gained or lost on each particular day.
Performance per month:
- This chart displays the percentage gained or lost each month, along with the total amount gained or lost at the end of each tested period within any particular year.
Risk/Reward Performance Calendar:
- This calendar shows your daily percentages for wins and losses, Risk-reward ratios, and breakeven values for each month or year. You can select a specific year or month to view more detailed data.
Trades By Sessions:
- In this section, you can view your performance for each trading session or market
- Out of the session: This refers to times that do not fall within the established trading hours of the other sessions or markets.
- Win rate: Based on each of the sessions or market performances, showing you the percentages of winning trades during a specific session.
- Total Trades: All trades taken during the trading sessions and out-of-session times for each market.
- Max RR: This shows you the best Risk-Reward achieved during or out-of-session times for each market.
- Profit: This shows you the total percentage return per session or out-of-session for each market.
Monte Carlo Simulation:
What is the Monte Carlo Simulation?
- The Monte Carlo simulation works by running a large number of simulations using random input values for uncertain variables in a model. Each simulation produces a different result. By repeating this process thousands or even millions of times, the simulation generates a distribution of possible outcomes, helping to quantify the range of possible scenarios and their likelihoods.
For the Monte Carlo Simulation to work you will need to introduce the following:
- Number of simulations (N° Simulations).
- Number of trades per simulation
- Click on the “Start simulation” button to start the simulation
This simulation will take into account:
- Your starting balance
- Your win rate percentage
- Your average profit amount
- Your average loss amount
- Number of simulations (N° Simulations)
- Trades per simulation (Trades per sim)
Simulations results:
After running the Monte Carlo simulation, it will present you with the following metrics to help you understand the potential performance of your strategy over time.
- Average Balance: The average ending balance of the trading account across all simulated scenarios.
- Average Profit Factor: The average profit-to-loss ratio calculated across all simulated trades.
- Total Wins: The total number of winning trades across all simulation runs.
- Max Balance: The highest ending balance achieved in any of the simulated scenarios.
- Max Consecutive Wins: The longest streak of consecutive winning trades observed across all simulation runs.
- Total Losses: The total number of losing trades across all simulation runs.
- Min Balance: The lowest ending balance reached in any of the simulated scenarios.
- Max Consecutive Losses: The longest streak of consecutive losing trades observed across all simulation runs.