Visualizations

New: MFE/MAE Charts

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This has been another long-requested feature from many of our users! We already had MFE/MFE values that are auto-calculated for all trades, but today, we are launching charts for MAE/MFE in the same TradesViz style - full explorability!

You will find that we have made some minor rearrangements of tabs on the left side of your TradesViz dashboard. MFE/MAE stats can now be found under "Performance metrics charts". 

Here's an example of MFE vs PnL of trade. For every data point, when you hover your mouse over it, you can clearly see what the symbol of the trade was, MFE, and the stat it is being compared to (PnL, Volume, Open time, Close time). 

Here are all the charts you will find in this tab:

  • MFE vs PnL
  • MAE vs PnL
  • MFE vs Volume
  • MAE vs Volume
  • MFE vs Open time
  • MAE vs Open time
  • MFE vs Close time
  • MAE vs Close time

You will notice that, unlike most journals where only MFE, MAE/PnL relationship is visualized, we are including 2 more additional comparisons - volume and open/close time. From our analysis, we believe that these 2 comparisons can yield lots of new insights that you would have missed if you only had access to the MFE, MAE/PnL chart. 

 

 

As with all other types of analysis we have on TradesViz, you can click on each individual data point in any of these charts and explore them to view exactly what trade was behind the particular data point. This is extremely useful in finding outliers and learning more about potentially profitable setups!

We hope this makes your journaling experience more fruitful and helps you easily optimize your trading strategies! Please let us know if you are interested in seeing more MFE/MAE-related stats or any other statistics in TradesViz - we try our best to accommodate all feature requests! 

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Published by TradesViz

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