Monitoring

Monitoring

General


1. Login  – account MT4 login.

2. Total Gain  – current account gain since opened, %. Is calculated follows:


  • Total Gain previous - account gain since opened at previous Rollover;

3. Daily Gain – profit in comparison with the previous day, %:


  • Daily Profit – closed P&L for the current trading period (Rollover to Rollover).
  • Equity previous – instant account liquidity after previous Rollover.

4. Since Opened  – number of days from the opening, days.

5. Max Drawdown  – the difference between the historical peak of the total gain and following historical bottom of the total gain. It shows the maximum loss ever made in the account, %.

6. Type  – the type of the account.

7. Gain Chart  – account total gain in a graphical view.

Funds


  1. Balance  – account balance.
  2. Equity – account equity.
  3. Deposit – sum amount of deposits.
  4. Withdrawal – sum amount of withdrawals.
  5. Profit – account profit.
  6. Currency – account currency.

Trading


  1. Account age   – number of days since account opened.
  2. Active Days  – active trading days.
  3. Profit Days  – percentage of days that were closed with a positive trading result, %.
  4. Loss Days – percentage of days that were closed with a negative trading result, %.
  5. Profit Factor - shows how many times the gross profit (sum of all the winning trades) exceeds the gross loss (sum of all the losing trades).

Advanced


1. Profit Volatility – average of all absolute Daily Gain-values:


2. Recovery Factor – ratio of the current profit to the maximum drawdown (in monetary form). It is used to estimate the ratio of receiving potential profit to potential loss in this account. A high Recovery Factor value signifies the account ability to regain profit after a period of unsuccessful trading:


  • Total Profit – current gain since opened in monetary form.
  • Max Drawdown  – maximum decline from the historical peak to the following bottom on the account performance chart. It shows the maximum loss ever made in the account in monetary form.

3. Rate of Return  – is the ratio of money gained or lost (whether realized or unrealized) on assignments relative to the amount of money assigned, %.


  • Total Profit – current gain since opened in monetary form.
  • Equity – instant liquidity, calculated on the basis of current market prices at Rollover time.

4. Sharpe Ratio  – measure of ratio between a received return and the experienced risk. It characterizes how well the return of an asset compensates the Follower for the risk taken. The higher Sharpe Ratio gives more return for the same risk. Sharpe Ratio is defined as:


where:

  • R is the asset return.
  • Rf  is risk free rate, (Risk free rate Rf is equal to 0 in our case).
  • σ  is the standard deviation of the asset excess return.

Asset return is calculated as Average Daily Gain:


σ is calculated as Standard Deviation of Daily Gain:


5. Sortino Ratio – measure of ratio between received return and the experienced downside risk. Is similar to the Sharpe ratio, except it uses downside deviation for the denominator instead of standard deviation, the use of which doesn't discriminate between up and down volatility:


where:

  • E(R)  is expected return.
  • Rf is risk free rate, (Risk free rate Rf is equal to 0 in our case).
  • σd is standard deviation of negative asset returns.

Expected return is calculated as Average Daily Gain.

σd is calculated as Standard Deviation of Negative Daily Gains:


6. Calmar Ratio – a comparison of the average annual compounded rate of return and the maximum drawdown risk. The Calmar ratio is a Sharpe type measure that uses maximum drawdown rather than standard deviation to reflect the risks:


where:

  • Total Gain  – current gain since opened, %.
  • Max Drawdown – maximum decline from the historical peak to the following bottom on the account performance chart. It shows the maximum loss ever made in the account, %.

Peaks


  1. Max Total Gain – the maximal gain of account, %.
  2. Max Relative Gain – the maximal unrealized gain ever made in the account, %.
  3. Max Daily Gain – the maximal gain a day, %.
  4. Max Daily Loss – the maximal loss a day, %.
  5. Max Level of Exposure – the maximal level of exposure a day, %.

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