Guides / Features & Workflow / Understanding Your Analytics
Features & Workflow 9 min read

Understanding Your Analytics

A guide to every chart and metric on the Analytics page — win rate, R-multiple distribution, equity curve, time-of-day performance, and more.

Accessing Analytics

Click Analytics in the sidebar. The page uses all trades within the currently selected date range. Use the date range filter at the top to focus on a specific period — a single month, a quarter, or your entire history.

You can also filter by tag to scope every chart to a specific setup or strategy. This lets you compare performance across different approaches side by side.

Summary Stats

The top of the Analytics page shows a row of key metrics at a glance:

Total P&L

The sum of all P&L across trades in the selected range. Green means net profitable; red means net losing.

Win Rate

The percentage of trades that closed with a positive P&L. A trade is a "win" if P&L > 0. Win rate alone does not determine profitability — a 40% win rate can be highly profitable if the average win is significantly larger than the average loss.

Average Win & Average Loss

The mean P&L of winning trades and losing trades respectively. The ratio of these two numbers gives you your reward-to-risk. If your average win is $200 and your average loss is $100, you have a 2:1 reward-to-risk ratio.

Profit Factor

Total gross profit divided by total gross loss. A profit factor above 1.0 means you are net profitable. Above 1.5 is considered solid; above 2.0 is excellent. This metric accounts for both win rate and the size of wins versus losses.

Best & Worst Trade

The single highest and lowest P&L trade in the selected period. Large outliers in either direction deserve attention — a single massive win can hide an otherwise losing period, and a single large loss can distort an otherwise solid record.

Average Duration

The mean time between entry and exit across all trades. Useful for understanding your trading style — scalpers typically average seconds to minutes; swing traders average hours to days.

Equity Curve

The equity curve plots your cumulative P&L over time, with each trade adding to or subtracting from the running total. A healthy equity curve trends upward with shallow, short drawdowns. Key things to look for:

P&L Distribution

The P&L distribution chart shows how your trade results are spread across different P&L buckets. A well-performing trading style typically shows a distribution skewed to the right — more small losses and more larger wins than the reverse.

A distribution heavily concentrated at zero with occasional large wins or losses may indicate inconsistent sizing or holding winners and losers to extremes.

Time-of-Day Heatmap

This heatmap shows your average P&L (or win rate) broken down by hour of the trading day. Each cell represents trades that opened during that hour. Darker green = more profitable; darker red = more losing.

Common findings traders discover here:

Actionable use: If your heatmap shows red in specific hours consistently, consider not trading during those times. Time restrictions are one of the easiest rules to implement.

Day-of-Week Breakdown

Similar to the time-of-day heatmap but aggregated by day of the week. Some traders consistently perform better on certain days due to market structure or personal scheduling. If Fridays consistently show red, that's worth acting on.

Tag Performance Table

The tag performance table lists every tag you've used alongside win rate, average P&L per trade, and total P&L contribution. This is the fastest way to answer: "Which of my setups are actually profitable?"

Sort by average P&L or win rate to rank your setups from best to worst. The goal is to trade more of what appears at the top, and eliminate or improve what appears at the bottom.

Calendar Heatmap

Available on the main Dashboard page, the calendar heatmap colors each trading day by its total P&L. Green days were profitable; red days were losing. Click any day to expand it and see all trades from that session.

Use the calendar to spot:

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