Initial Balance: Enter the amount you would like the Autopilot to start calculating from.
Fees: Enter in any trading fees you'll have for Futures. For Forex this should usually be $0.00 because commission is included in the spread.
Start Analysis: The starting month, day, year, and time you would like the Autopilot to back test from.
Auto Recalc: With this checked the back testing calculations will change on the fly as you change your settings.
Calculate: This button is only available when the Auto Recalc is not checked. Use this to manually calculate back test settings.
No. Trades: Number of trades the Autopilot would’ve placed in the allotted time.
Repeated Wins: The greatest number of winning trades in a row. Total positive (+) dollars.
Repeated Losses: The greatest number of losing trades in a row. Total negative (-) dollars.
Max Draw: Longest draw down without hitting a stop.
Biggest Win: The most profitable trade placed within the time period set.
Biggest Loss: The least profitable trade that went into negative dollars within the time period set.
Profitable Days: How many profitable days you’ve had on the Autopilot within the time period set. Days that had a total of positive (+) dollars.
Losing Days: How many losing days you’ve had on the Autopilot within the time period set. Days that had a total of negative (-) dollars.
Total Fees: Calculates the total of the trading fees.
Percent Gain: The percentage gain on your account within the time period set.
Closed P/L: The profit/loss of closed charts.
Open P/L: The profit/loss of charts currently opened.
Total P/L: Total profit/loss from your trades with the Autopilot.
Clicking the Graph button will bring up a line graph on the bottom-half of your screen that will allow you to see how your Autopilot settings would have done over any given period of time.
By right clicking on the chart, you receive a right click menu, where you can make visual adjustments to the chart. You can select whether you would like to see the graph displayed as a line or histogram, whether the line chart is filled, and if you want the graph to include the initial balance stated above.
Clicking the Trades button will bring up a spreadsheet on the bottom-half of your screen to show all the details of each trade that has been placed with the Autopilot.
You’ll see each trade, whether it was a buy or sell, the entry and exit times, the profit and loss, fees and balances.
By double clicking on any single trade listed in the table, Track ‘n Trade will automatically center that trade on the screen, and highlight the buy or sell signal that generated that trade.
Column Setup Options | |
Column | Description |
No. RT Trades | Number of round turn trades |
Risk vs. Reward | Risk versus reward |
Repeated Wins | Max number of repeated wins in a row |
Repeated Losses | Max number of repeated losses in a row |
Max Draw ($) | Largest single unrealized draw down |
Max Acct. Draw | Max reduction on original principle balance |
Biggest Win | Largest single realized gain |
Biggest Loss | Largest single realized loss |
Total Wins | Total number of winning trades |
Total Losses | Total number of losing trades |
Losing Days | Total number of profitable trades |
Total Fees ($) | Total fees and/or commissions |
Profit Factor | Gross profit divided by gross loss |
Expected Return | The expected return in percentage |
Return Volatility | Standard Deviation (Sigma) Return Volatility |
Sharpe Ratio | The expected return divided by Volatility |
Trades Needed | The trades needed to be 99.9% accurate |
% Gain | Percent gain from initial balance |
Closed P/L ($) | Closed or realized profit or loss |
Open P/L ($) | Open or unrealized profit or loss |
Total P/L ($) | Total profit or loss |
To select and display the equity graph, press the Autopilot Graph button. The graph is a visual representation of historical price performance based on the accuracy of your system settings. By right clicking on the chart, you receive a right click menu where you can make visual adjustments to the chart. You can select whether you would like to see the graph displayed as a histogram, or as a line chart, and if the line chart should be filled. You can also choose to have the graphs performance values exclude or include the initial balance stated above.
Pressing the "Trades Button," flips over to a view which outlines each
individual trade as they would historically have been executed from the current settings within the Autopilot. In this list, you'll see each trade, if it was a buy or sell, the entry and exit times, the profit and loss, fees and balances.You'll notice that we have a column labeled "Daily Realized" in this column, you'll also notice that each day is highlighted with an alternating background color; the calculated "Daily Realized Balance" is for that particular trading day.
By double clicking on any single trade listed in the table, Track 'n Trade will automatically center that trade on the screen, and highlight the buy or sell signal that generated that trade. This is helpful in analyzing individual trades, to see what adjustments might be made to the system, to help the statistical performance.
Pressing the Print button pulls up a visual report of all the settings that were used in the creation of this particular Expert Advisor, or trading strategy. Notice at the top, you have listed all the Autopilot settings, the stats for this trading strategy, the equity chart, and each individual trade for the timeframe specified that created this equity graph, and return on our investment.
This report can be saved as a graphic by selecting this "Print as Graphic" radial button and pressing ok, or you can leave the radial button blank and print the report to your printer.