I appreciate seeing the existing Trade Duration and Win Rate Analysis under Performance Stats. I would really like see a section which analyzes Time of Day. eg. 13 - 30 minute intervals for RTH. Please I think this would be helpful. I’m already doing this and realize I should eliminate entries between 11:30-12:30 but think others would benefit and would like to see the visual with win loss rates and profitability. Thank you.
Currently, on the stats page, we can see trade count and win rate by duration. However, this alone isn’t really enough to say how profitable you are for a given trade duration.
For that, you also need the profit factor.
100% / (1 + profit factor) = required win rate to break even
Compare that against your actual win rate to see how much of an edge you have (or don’t have).
Would be nice to see the required win rate to break even for each duration as well, but that’s a more of a nice to have rather than a must have.
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Comments2
Kenshin
Jun 10
•Merged request
•1 vote
Performance Stats
I appreciate seeing the existing Trade Duration and Win Rate Analysis under Performance Stats. I would really like see a section which analyzes Time of Day. eg. 13 - 30 minute intervals for RTH. Please I think this would be helpful. I’m already doing this and realize I should eliminate entries between 11:30-12:30 but think others would benefit and would like to see the visual with win loss rates and profitability. Thank you.
MC
Jun 10
•Merged request
•1 vote
Profit factor by trade duration
Currently, on the stats page, we can see trade count and win rate by duration. However, this alone isn’t really enough to say how profitable you are for a given trade duration.
For that, you also need the profit factor.
100% / (1 + profit factor) = required win rate to break even
Compare that against your actual win rate to see how much of an edge you have (or don’t have).
Would be nice to see the required win rate to break even for each duration as well, but that’s a more of a nice to have rather than a must have.