Analytics

Analytics provides detailed information on your trading. It contains three tabs:

Performance, Portfolio, and History.

The performance tab contains metrics regarding your P/L, popular instruments, trading style, etc.

In the header, the user can see the main metrics.

This displays the trading P/L for each month, week or day. You can switch between these by clicking on them.

Weekly P/L:

Daily P/L:

If you scroll down, you will see the information in a more visually way.

For example, your monthly performance:

1. See your most traded instruments by name. All other instruments are cumulated in the category “other”. If you only trade a few instruments, this gives you a great overview of which instruments you trade most frequently.

2. See the different asset classes (stocks, futures, Forex, etc.) you trade most frequently.

3. This gives you an overview of which timeframes you trade most frequently.

4. Graphic of the distribution of various trading strategies. All trades you traded using an AT++ strategy are listed with their setup name. Discretionary trades are listed as “other” or “discretionary”.

5. Win = number of short trades with a profit greater than zero / number of total trades.

6. Win = number of long trades with a profit greater than zero / number of total trades.

Statistics

The statistics are calculated for all trades you upload to TradersYard; most of the calculations are updated on a daily basis. The statistics metrics are standard calculations – you will find a short explanation below. If you want to dive deeper into what a specific metric shows and how it can be interpreted etc., you can find discussions on these specific metrics all over the web.

Average holding time: Calculates the average time you stay in a trade.

Holding time per trade: from the point in time at which you enter a trade until it is fully closed.

Last activity: The date on which you closed your most recent trade.

Winning trades %: Percentage value of trades closed with a P&L greater than zero compared to your overall number of trades (see “Number of trades”).

Profit all month: Cumulated P&L from all trades you have uploaded to TradersYard.

Number of trades: Number of trades you have uploaded to TradersYard.

Volatility: The greater this value, the stronger the fluctuations of the realized monthly profits. Volatility [%] is equal to the standard deviation of periodical returns (monthly).

Expectancy: how much you expect to earn from each trade for every dollar you risk.

Expectancy = (AW * PW + AL * PL) / | AL |

Where:

AW = average winning trade in [account currency]

AL = average losing trade in [account currency]

PW = probability of winning trades

PL = probability of losing trades

Expectancy score: = Expectancy * Number of trades.

This metric is comparable among different trading systems as it takes into consideration the number of trades a trading system generates. The higher

the expectancy score, the more profitable the system.

Sharpe ratio: Metric that considers the returns achieved as well as the risk taken. A systems’ excess returns compared to the current risk-free rate (gov. bonds) is calculated against the volatility of monthly returns (measure for risk). A negative SharpeRatio signifies an underperformance of the trader against the risk-free rate.

Maximum drawdown: This is the trader’s maximum loss from a peak to a trough of a portfolio before a new peak is attained. It shows a percentage value of loss of your account size.

Example: you start your trading with 90,000€, after 1 month your account balance is 80,000€, and after 2 months your balance shows 100,000€, meaning you reached a new peak in your performance. Then you lose 35,000€ in month 3 and gain 50,000€ in month 4. After 4 months of trading, your maximum drawdown will be 35,000€, as this was the maximum loss you had to take in your account. Calculated from the temp. peak of 100,000€ in your account, your max. drawdown is 35% (35,000€/100,000€).

P&D ratio: = Profit [%] / max. Drawdown [%].

This metric compares your profit from all months to the max. drawdown you had to deal with to achieve this profit. The higher this number, the higher your profit / the lower your max. drawdown.

Example: trader A has a 30% profit while his max. drawdown is at 5%, and trader B has a 30% profit with a max. drawdown of 50%. Trader A has a P&D ratio of 6.0 (30% / 5%), while Trader B has a P&D ratio of 0.6 (30% / 50%). A P&D ratio below zero means that the max. drawdown is greater than the profit from all months.

Profit factor: = Cumulative profits / cumulative losses.

A value of 1 would mean that cumulative profits are equal to cumulative losses.

Avg. profit: The average profit of your winning trades (=total profit of your winning trades / number of winning trades).

Avg. loss: The average loss of your losing trades (=total loss of your losing trades / number of losing trades).

Risk metrics / asset class

In this section, we show four of the most important metrics divided into the various asset classes you have traded. To the left of each line you can see which asset class you are looking at. For an explanation of a metric please see definitions in the Statistics section above.