Email notification changes

Since introducing the new activity feed as a way to be notified of new comments on your trades and journal entries (and those you’ve commented on), we’ve made some changes to the way the old email notifications work. You can now control whether or not you’d like to receive email notifications:

Tradervue___Your_AccountFrom the Dashboard, click Settings, go to the Notifications tab, and you can enable or disable email notifications of new comments.

Regardless of this setting, you can always go to your Dashboard and see new comments and other notifications in the Activity feed.

Customize your Dashboard

There is quite a bit of information on the Tradervue Dashboard, and not everyone wants to see all of it, all of the time. So we’ve added the ability to customize the Dashboard; just click the “Customize Dashboard” link at the lower right corner of the Dashboard:

Tradervue___Subscriber_Dashboard

When you click that, you’ll be able to select exactly which information should appear on your Dashboard.

New activity feed for notifications

If you have a trading mentor (or are one yourself), or if you’re sharing your trades, you probably get a number of comments every day on your trades or journal entries. You receive email notifications of these comments, but aside from the emails, there hasn’t been easy way to see the recent activity related to your trades, entries, and comments.

So to address this, we’ve added a new “Recent Activity” box on the Dashboard:

Tradervue___Subscriber_Dashboard

Your recent activity will include:

  • comments left on your trades or journal entries
  • comments left on trades/entries you’ve previously commented on
  • notices when a mentor accepts/declines your invitation

You’ll no longer need to sift through your emails to see recent comments and other notifications – they will all be there in one place.

The Activity feed is available immediately for all users – just check your dashboard!

K-ratio calculation added

We’ve added the K-ratio (also known as the Zephyr k-ratio) to Tradervue’s statistics tables.

K-ratio is a return vs. risk ratio. Imagine your cumulative P&L plotted, with the x-axis being the trade number (starting from 1, sorted by date/time), and the Y-axis as cumulative P&L. Now imagine a best-fit line plotted drawn over this chart:

Tradervue___Reports

The k-ratio is the slope of this line divided by the standard error of the line. K-ratio will increase as the slope increases (cumulative P&L increasing faster), but will decrease with outsized gains or losses (indicating inconsistency).

A higher k-ratio indicates a higher positive consistency in trading performance. A ratio higher than 2.0 or so is generally considered good.

As with all Tradervue statistics, you can compare k-ratio between two different trading systems, for example, using the Compare reports.

K-ratio is available today for Gold subscribers, and is shown in the statistics tables on the Detailed, Compare, and Win vs Loss Days reports tabs.

Comparison symbols in chart settings

A while back, we added the ability to add comparison symbols to your price charts in Tradervue. So for example, if you wanted to plot the price of the instrument you’re trading, and the SPY on the same chart for comparison, you could do so.

Today, we’ve made it easier by adding the comparison symbol to your default chart settings:

Tradervue___Your_Account

From the Dashboard, click Settings, go to the Chart Settings tab, and you’ll be able to add a comparison symbol for any of your default configured charts.

Saving Notes

There have always been two places to record notes in Tradervue:

  • Notes for an individual trade (when viewing an individual trade)
  • Notes for a day (in the Journal View)

But starting today, you can create general notes, not specifically attached to trades or days, for anything you like! Your notes will be listed in the sidebar on the Journal View:

Tradervue___Journal

Clicking on one of your notes will display it:

Tradervue___Journal_Entry

As with any other note in Tradervue, you can not only type your notes, but also add images and video to them if you wish!

Trend report additions – MFE/MAE

We’ve added some additional statistics to the new trend reports that were launched a couple of weeks ago. Specifically:

  • Position MFE, Position MAE – the max favorable/adverse excursion of a trade’s total position value
  • Price MFE, Price MAE – the max favorable/adverse excursion of the instrument price during a trade, independent of position size

These new additions can surface some interesting trends in your trading. For example, here’s a 100-trade moving average of Position MAE:

trend_posmae 2

The blue line isn’t part of the chart – it’s just there to help illustrate that at this point, we changed our trading methodology such that trades were given a maximum of about $20 of room to move against us; another way to say this is we tightened our average stops to something less than $20.

Now let’s look at the Position MFE moving average chart:

trend_posmfe 2

We can now see that at the same time, it seems we no longer let our trades run in the positive direction. Whereas before this change, our stops were looser, but we also let trades run up about $25-60 before closing them; after the change, trades were usually cut after reaching a max P&L of $25.

Another tool in your chest to help evaluate your trading performance!

Trend reports now available

Often we want to analyze trading performance not just as a snapshot, but over time – to see if we are improving, see if a particular strategy is working better/worse, etc. And while we can look at a cumulative P&L to see part of this, that doesn’t always tell the whole story.

Tradervue has introduced new trend reports to help with this analysis. From the Reports View, click the Advanced tab, then go to the Trends group:

trend1

Once you do that, you’ll be able to look at running averages of your per-trade P&L and your win rate. So for example, here we are looking at a 50-day weighted moving average of win %:

trend2

From looking at this chart, we can see a pronounced downturn around 10/2010, and we can use this information to help us drill down and understand what’s actually happening.

The trend reports can display P&L (in either $ or R), and win percentage, charted in one of two ways:

  • n trade moving average – this shows a moving average over the last n trades; the x axis will be the index into the list of trades being shown, sorted by open date/time.
  • n day moving average – this shows a weighted moving average of the per-trade P&L over the last n days. This is not an average of the daily P&L, but rather an average of the per-trade P&L.

As with all of the other reports in Tradervue, you can narrow the trade data used for the chart by using the trade filter. So, for example, you could look at the win percentage over time for one particular strategy (using tags), or just one particular symbol, or anything else you’d like to filter on.

For additional information on the trend reports, refer to their help page. And if there are other statistics you’d like to be able to view on these charts, let us know!

These new reports are available today for all silver and gold subscribers.

Price MFE/MAE columns

We’ve added two more columns to the list of available columns in the Trades View:

  • Price MFE – the maximum favorable price movement during the trade, independent of position size
  • Price MAE - the maximum adverse price movement during the trade, independent of position size

Let us know if there are other columns you’d like to see in the Trades View!