Setup Statistics

This page belongs to the numbers and analysis for each one of your setups.

you have these statistics for all of your 10 setups.

as you can see the name of the setups are the names that you chose in the main sheet page.

Here you have

• Total trades number: this shows how many trades have you took with this setup

• Win/loss/breakeven numbers: how many of them have been win/loss/breakeven

• win% and loss%: what is the winrate% and loss% for this setup

• Total R return: the return you have got with this setup based on R

• Avg R return (Winners/losers): average R return of your winner and losers

• Avg MAE for winners: This shows for your winning trades, what is the average drawdown of them based on this setup (How this is helpful? let's say after you've done some analysis on mae of your trades and this setup, if most of them had -0.4R you can change the place that you set the stoploss and make it tighter so you will have a bigger position.. but you should do deep analysis to see does it worth it or not.)

• Avg MFE for losers: This shows for your losing trades, what is the average high/profit that they have gone through... (How this is helpful? if your analysis shows that most of your trades only go to maybe 1R and then they reverse and become a loss, maybe you need to instead of aiming for 5R put your target a little lower and take some profit around the 1R)

• Total profit and Total loss: your total profits and total losses

• Expectancy (based on $ and R): this shows the expectancy of each setup.

  • based on $: sometimes this might not be helpful. if the risk that you take on each setup is different.

  • based on R: this shows the expectancy based on R.

  • the calculation doesn't include breakeven trades. Formula: ( Avg win * win% ) - ( Avg loss * loss%)

We have charts that represent these statistics by each other.

We have a few charts here that shows the percentages of your trades based on each days and each sessions.

and at the end a few charts that represent statistics on your trading pairs and setups against each other.