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