Hi everyone,
Today I want to introduce a tool I developed for those managing a portfolio of strategies on MetaTrader 4: Advanced Statements.
If you have a portfolio with many different strategies, you know how challenging it can be to figure out what really works. This script was created to solve that problem.
Advanced Statements allows you to separate each individual MagicNumber and get detailed reports. This helps you clearly see which strategies are performing well and which might need a review.
You can choose from various analysis modes: the entire history, each MagicNumber found, performance by day of the week, and differences between long and short positions. Each analysis is saved in specific folders to keep everything well organized.
The script includes three charts: the classic balance chart, a P&L chart in points (including swaps and commissions), and a histogram of the sizes used. These charts provide a detailed view of your strategies' performance.
Additionally, I've included a linear regression with a ±2 sigma band in the charts. This allows you to assess the uncertainty range of the curve over time and better understand the stability of your strategy. The empirical rule tells us that 95.45% of results should fall within this range if the data follows a normal distribution.
Advanced Statements saves you valuable time. You no longer need to manually create reports: the script automates the entire process and organizes the data clearly, so you can focus on trading decisions.
In summary, Advanced Statements is an essential tool for anyone looking to improve their trading portfolio analysis on MetaTrader 4. Try this script and see how it can simplify your analysis and strategy management. If you have any questions or want to share your experiences, I'm here!
Today I want to introduce a tool I developed for those managing a portfolio of strategies on MetaTrader 4: Advanced Statements.
If you have a portfolio with many different strategies, you know how challenging it can be to figure out what really works. This script was created to solve that problem.
Advanced Statements allows you to separate each individual MagicNumber and get detailed reports. This helps you clearly see which strategies are performing well and which might need a review.
You can choose from various analysis modes: the entire history, each MagicNumber found, performance by day of the week, and differences between long and short positions. Each analysis is saved in specific folders to keep everything well organized.
The script includes three charts: the classic balance chart, a P&L chart in points (including swaps and commissions), and a histogram of the sizes used. These charts provide a detailed view of your strategies' performance.
Additionally, I've included a linear regression with a ±2 sigma band in the charts. This allows you to assess the uncertainty range of the curve over time and better understand the stability of your strategy. The empirical rule tells us that 95.45% of results should fall within this range if the data follows a normal distribution.
Advanced Statements saves you valuable time. You no longer need to manually create reports: the script automates the entire process and organizes the data clearly, so you can focus on trading decisions.
In summary, Advanced Statements is an essential tool for anyone looking to improve their trading portfolio analysis on MetaTrader 4. Try this script and see how it can simplify your analysis and strategy management. If you have any questions or want to share your experiences, I'm here!
