Friday, December 25, 2015

MyFxBook Stats

The help section doesn't tell you too much about the stats given on the history tab of your trades, shown below.

Here's what I 'think' they mean...

Time Profitable:  This is in pips but equivalent to the account currency, not pips of the trade.
Drawdown: In account currency pips, converter from the pair you traded
Max:106.7 pips, This is the BEST watermark (high for buy, low for sell)
Min: -38.9 pips, This is the WORST watermark (worst DD in pips that the trade experienced)
Profit Missed: Closed price to high watermark
Entry Accuracy: 
Exit Accuracy: 

I look at the Min and Max numbers mostly to determine stop and target settings.


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