Performance Report

Entry Efficiency

For each trade executed in the trading system, a dot is shown, green if the trade ended with a Profit, red if the trade ended with a Loss. Each dot has the trade number as its X coordinate, while the Y coordinate represents the Entry Efficiency of the trade. Entry Efficiency shows how close the entry price was to the best possible entry price for each trade during the strategy testing period. Entry Efficiency is calculated as a percentage of the entry price compared to the price range determined by the Highest High and the Lowest Low in the time period between the entry order and the trade closing order. The graph also displays a horizontal line that highlights the average Entry Efficiency of all trades, and its value is also shown in the legend at the top of the graph.

Exit Efficiency

For each trade executed in the trading system, a dot is shown, green if the trade ended with a Profit, red if the trade ended with a Loss. Each dot has the trade number as its X coordinate, while the Y coordinate represents the Exit Efficiency of the trade. The Exit Efficiency shows how close the exit price was to the best possible exit price for each trade during the strategy testing period. The Exit Efficiency is calculated as a percentage of the closing price of the trade compared to the range of prices determined by the Highest High and the Lowest Low in the period of time between the entry order and the closing order of the trade. The graph also displays a horizontal line that highlights the average Exit Efficiency of all trades, and its value is also shown in the legend at the top of the graph.

Total Efficiency

For each trade executed in the trading system, a dot is shown, green if the trade ended with a Profit, red if the trade ended with a Loss. Each dot has the trade number as its X coordinate, while the Y coordinate represents the Total Efficiency of the trade. The Total Efficiency is calculated as the average between the Entry Efficiency and the Exit Efficiency of the trade. The graph also displays a horizontal line that highlights the average Total Efficiency of all trades, and its value is also shown in the legend at the top of the graph.

Equity

This chart shows the Equity trend of the trading system over time. Equity is calculated as the total progressive Profit/Loss obtained by the trading system. The chart is drawn as a set of bars, green for positive Equity values, red for negative Equity values. The coloring of the bars is more intense for higher values, and weaker for values ​​closer to zero. The absolute maximum and minimum values ​​are highlighted by two labels on the chart.

Equity and Draw-Down

This chart shows the Equity and Draw-Down trend over time of the trading system. Equity is calculated as the total progressive Profit/Loss obtained by the trading system. The chart is drawn as a set of bars, green for positive Equity values, red for negative Equity values. The coloring of the bars is more intense for higher values, and weaker for values ​​closer to zero. The absolute maximum and minimum values ​​are highlighted under the title as a legend of the chart. In the chart there is a second series of bars, colored purple, which represents the Draw-Down sustained by the Open Position. The Draw-Down is always a negative value and indicates the maximum potential loss that the Open Position has sustained over time, the more negative the value, the worse the performance of the trades, while values ​​close to zero indicate trades with good efficiency.

Draw-Down

This graph shows the trend of the Draw-Down of the trading system over time. The Draw-Down is always a negative value and indicates the maximum potential loss that the Open Position has sustained over time, the more negative the value, the worse the performance of the trades, while values ​​close to zero indicate trades with good efficiency. The Draw-Down is represented by a series of purple bars, whose color becomes more intense as the Draw-Down value deviates from zero.

Orders Statistics

This pie chart shows the distribution of the type of trades executed by the trading system. It can be useful especially in the case of trading systems that include the use of Take-Profit and Stop-Loss orders, to identify whether the settings for these exit orders are more or less correct: a high percentage of Stop-Loss compared to a low percentage of Take-Profit can indicate that the exit orders are not set in the optimal way, on the contrary a high percentage of Take-Profit compared to a low percentage of Stop-Loss can indicate that the exit orders are set correctly.

Trades Profit/Loss

The Trades Profit/Loss chart displays a dot for each trade executed by the trading system indicating its Profit/Loss. A profitable trade is indicated by a green dot, while an unfavorable trade is indicated by a red dot. The chart also features a horizontal band that shows the average Profit/Loss +/- 1 standard deviation.

Daily - Weekly - Monthly - Quarterly - Yearly Profit/Loss

Daily - Weekly - Monthly - Quarterly - Yearly Profit/Loss charts show the Profit/Loss made by trades in different time periods as histograms. A positive and green bar indicates a profit for the reference period, while a negative and red bar indicates a loss for the reference period.

Run-Up and Draw-Down

The Run-Up and Draw-Down chart displays two distinct values ​​for each trade as a histogram. The upper value of each bar represents the Run-Up of the corresponding trade, while the lower value represents the Draw-Down of the trade. The Run-Up is the maximum potential profit generated by the trade, while the Draw-Down is the maximum potential loss generated by the trade. The bars in this chart are colored green if the trade ended in a profit, red if it ended in a loss.

Run-Up and Profit/Loss

The Run-Up and Profit/Loss chart displays two distinct values ​​for each trade as a histogram. The upper value of each bar represents the Run-Up of the corresponding trade, while the lower value represents the Profit/Loss of the trade. The Run-Up is the maximum potential profit generated by the trade. The bars are colored green if the trade ended in a profit, red if it ended in a loss. The chart also features a horizontal band that shows the average Run-Up +/- 1 standard deviation.

Draw-Down and Profit/Loss

The Draw-Down and Profit/Loss chart displays two distinct values ​​for each trade as a histogram. The upper value of each bar represents the Profit/Loss of the corresponding trade, while the lower value represents the Draw-Down of the trade. The Draw-Down is the maximum potential loss generated by the trade. The bars are colored green if the trade ended in a profit, red if it ended in a loss. The chart also features a horizontal band that shows the average Draw-Down +/- 1 standard deviation.

Win / Loss Summary

This view presents the summary of the results of profitable and disadvantageous trades. In the upper part of the view there is a table that groups the results into two distinct columns, one relating to profitable trades and one relating to disadvantageous trades. In the lower part there is a Trades Profit/Loss type graph. In the results table there are the following items:

1. Num. Trades - Number of trades;

2. Average Profit/Loss - Average Profit/Loss;

3. 1 Std. Deviation - Standard Deviation of the Profit/Loss, i.e. distance from the relative average;

4. Avg. +1 Std. Dev. - Value equal to the sum of Average Profit/Loss and 1 Std. Deviation;

5. Avg. -1 Std. Dev. - Value equal to the difference between Average Profit/Loss and 1 Std. Deviation;

6. Coefficient of Variation - Coefficient of variation of the Standard Deviation of the Profit/Loss of trades;

7. Largest P/L - Maximum Profit/Loss;

8. Largest P/L / Net Profit Ratio - Ratio between Largest P/L and Net Profit;

9. Largest Consecutive P/L - Maximum cumulative Profit/Loss obtained from a sequence of consecutive trades of the same type, profitable or disadvantageous;

10. Largest Consecutive P/L / Net Profit Ratio - Ratio between Largest Consecutive P/L and Net Profit.

Winning Streaks

This view shows data about sequences of consecutive profitable trades. The data is presented in table form, sorted from the longest sequence to the shortest sequence. The available parameters are:

1. Streak Length - Length of the sequence, i.e. number of consecutive profitable trades;

2. Occurrences - Number of times a sequence of length equal to Streak Length occurred in the trades of the trading system;

3. Largest Profit - Maximum cumulative Profit obtained among all occurrences;

4. Average Profit - Average Profit of the occurrences;

5. 1 Std. Deviation - Standard Deviation of the Profit of the occurrences, i.e. distance from the relative mean;

6. Avg. +1 Std. Dev. - Value equal to the sum of Average Profit and 1 Std. Deviation;

7. Avg. -1 Std. Dev. - Value equal to the difference between Average Profit and 1 Std. Deviation;

8. Coefficient of Variation - Coefficient of Variation of the Standard Deviation of the Profit of the occurrences.

Losing Streaks

This view shows data related to sequences of consecutive losing trades. The data is presented in table form, sorted from the longest sequence to the shortest sequence. The available parameters are:

1. Streak Length - Length of the sequence, i.e. number of consecutive losing trades;

2. Occurrences - Number of times a sequence of length equal to Streak Length occurred in the trades of the trading system;

3. Largest Loss - Maximum cumulative Loss obtained among all occurrences;

4. Average Loss - Average Loss of occurrences;

5. 1 Std. Deviation - Standard Deviation of the Loss of occurrences, i.e. distance from the relative mean;

6. Avg. +1 Std. Dev. - Value equal to the sum of Average Loss and 1 Std. Deviation;

7. Avg. -1 Std. Dev. - Value equal to the difference between Average Loss and 1 Std. Deviation;

8. Coefficient of Variation - Coefficient of Variation of the Standard Deviation of the Loss of occurrences.

Equity Curve Analysis

This 0 view shows the results of the Equity curve analysis performed by the trading system. It is divided into two sections, the upper one contains a table showing the numerical data of the analysis, while the lower one contains an Equity type chart. In the upper table, the analysis groups the results based on the type of points on the Equity curve taken into consideration. The types of points are:

1. Peak-Peak - Results of the analysis between two consecutive peaks, i.e. relative maximums, of the Equity curve;

2. Valley-Valley - Results of the analysis between two consecutive valleys, i.e. relative minimums, of the Equity curve;

3. Peak-Valley - Results of the analysis between a consecutive peak (relative maximum) and a valley (relative minimum) of the Equity curve;

4. Valley-Peak - Results of the analysis between a consecutive valley (relative minimum) and a peak (relative maximum) of the Equity curve.

For each of these types of points, the following values ​​are displayed:

1. Largest Time Distance - Maximum temporal distance between the first and the last point in the Equity curve, considering all the occurrences of the specific type of points examined;

2. Average Time Distance - Average temporal distance between the first and the last point in the Equity curve, considering all the occurrences of the specific type of points examined;

3. Largest P/L Distance - Maximum difference in the value of the Equity curve between the first and the last point in the Equity curve, considering all the occurrences of the specific type of points considered, in absolute value;

4. Average P/L Distance - Average difference in the value of the Equity curve between the first and the last point in the Equity curve, considering all the occurrences of the specific type of points considered, in absolute value.

Efficiency Analysis

This view 0 shows the efficiency data of the trades executed by the trading system and is divided into two sections, a table with the numerical results of the analysis and a Total Efficiency type chart. The table is made up of three columns, one relating to the Total Efficiency %, one to the Entry Efficiency %, and finally one for the Exit Efficiency %. For each type of efficiency the data shown in the table are:

1. Average Efficiency - Average efficiency of the trades;

2. 1 Std. Deviation - Standard deviation of the efficiency of the trades, i.e. distance from the relative average;

3. Avg. +1 Std. Dev. - Value equal to the sum of Average Efficiency and 1 Std. Deviation;

4. Avg. -1 Std. Dev. - Value equal to the difference between Average Efficiency and 1 Std. Deviation;

5. Coefficient of Variation - Coefficient of Variation of the Standard Deviation of the efficiency of trades.

Time Analysis

This view shows the values ​​of the time analysis of the trades executed by the trading system. The view is divided into different sections, at the top right a table that shows the results of the analysis in numerical/textual form, at the top left a pie chart and finally in the lower section a horizontal chart of the market position over time. The table divides the results based on the type of trades:

• All Trades - Shows the results for all types of trades, both Long and Short;

• Long Trades - Shows the results of all and only Long trades;

• Short Trades - Shows the results of all and only Short trades.

For each type of trade there is a column in the table, while the rows show the following analysis results, grouped by category:

• Time

1. Data Duration - Time duration of the historical data on which the trading system was executed;

2. Total Time in Market - Total time during which an Open Position was present;

3. Time in Market % - Ratio between Total Time in Market and Data Duration, in percentage;

• Trades

1. Longest Trade Duration - Maximum duration of trades;

2. Average Trade Duration - Average duration of trades;

3. Longest Flat Duration - Maximum duration of periods in which an Open Position was not present;

4. Average Flat Duration - Average duration of periods in which an Open Position was not present.

The pie chart in the top right section of the view represents the Time in Market, dividing the periods during which:

1. Long Trades - A Long Open Position was present;

2. Short Trades - A Short Open Position was present;

3. Flat - There were no Open Positions;

The horizontal graph at the bottom shows the presence or absence of Open Positions over time. A green segment represents a Long Open Position, a red segment a Short Open Position, while the lack of a color indicates the corresponding lack of an Open Position.