Analytics
P&L tells you whether you made money. It cannot tell you whether you have an edge, whether that edge is shrinking, or whether one lucky trade is carrying the whole account. Profit isn't proof. So Analytics measures your results in R, checks them for luck, and splits them by time, instrument, setup and behaviour. Every number comes with what it means, not just what it is.
Expectancy, win rate, profit factor and SQN, all in R, so results compare fairly across position sizes, instruments and months.
Edge quality, now and lately
Every metric for all trades and for your last 20, so you see whether the edge is growing or fading.
Edge holds without it: 74% retained
Your expectancy with and without your single best trade. If one trade is doing all the work, you will know.
2.4 Average
Your System Quality Number placed on a scale from Poor to Holy Grail, once you have 30 trades behind it.
Equity curve in R, day of the week, hour of the day and rolling ratios. Most traders have hours they should stop trading; this is how you find yours.
+20.2R
48 trades
Equity curve in R
Your cumulative result in R, so a bigger position size never flatters the curve.
Average R for each trading hour. The best and worst hours are rarely the ones you would guess.
Win rate for each weekday, from Monday’s open to Friday’s close.
Instrument, playbook, market condition, hold time and position size. Slice your results until the pattern behind your winners is obvious.
MAE shows how far each trade went against you before it closed. Stops that are too tight and targets that are too greedy both leave a trace here.
Stop placement analysis
Winners that dipped close to the stop before working tell you how much room your stops really need.
Avg MAE, wins
-0.43R
Avg MAE, losses
-1.12R
Max MAE, wins
-0.85R
Average MAE for your winners and losers, and the deepest dip a winner survived.
Average MFE against what you actually captured, the gap Insights turns into an action.
Expectancy is the average amount you make per trade, expressed in R, the risk you took on each trade. A positive expectancy over a meaningful number of trades is what a trading edge looks like in numbers.
Tracktions shows SQN once you have 30 closed trades and grades it: below 1 is Poor, then Below average, Average from 2, Good from 3, Excellent from 5 and Holy Grail from 7.
Look at expectancy without your best trade and at your last 20 trades next to your all-time numbers. Tracktions flags an edge as concentrated in one trade when removing your best trade cuts expectancy below 40%.
MAE is the furthest a trade moved against you before it closed; MFE is the furthest it moved in your favour. Together they show whether your stops are too tight and whether you exit winners too early. MAE/MFE analysis is part of the Elite plan.
Because R adjusts for the risk you took. A ₹5,000 profit on a ₹1,000 risk (+5R) is a very different trade from the same profit on a ₹10,000 risk (+0.5R). R lets you compare trades, instruments and months fairly.
Import your trades and see your expectancy, SQN and best hours from your own history. Free for 30 days, no card needed.