How to read these metrics
Review coverage first. These metrics use eligible Price Data v2 paths, so they should be treated as execution evidence for the covered sample rather than every historical trade.
Reports applies the selected account or portfolio, date range, timezone and supported filters before requesting values from Analytics v2. An unavailable value is not zero: it means the selected data cannot support a reliable result.
Excursion
Favourable and adverse movement observed while trades are open.
Average maximum favourable excursion
LiveAverage maximum favourable excursion describes the most favourable projected open P&L observed during eligible trades.
- Formula or calculation
- Derive each trade’s maximum projected gross floating P&L from its Price Data v2 path, then apply the stated average, median, percentage, or normalization.
- Why it is useful
- Shows the opportunity available during trades and supports evaluation of entry and exit efficiency.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Median maximum favourable excursion
LiveMedian maximum favourable excursion describes the most favourable projected open P&L observed during eligible trades.
- Formula or calculation
- Derive each trade’s maximum projected gross floating P&L from its Price Data v2 path, then apply the stated average, median, percentage, or normalization.
- Why it is useful
- Shows the opportunity available during trades and supports evaluation of entry and exit efficiency.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average maximum adverse excursion
LiveAverage maximum adverse excursion describes the most adverse projected open P&L observed during eligible trades.
- Formula or calculation
- Derive each trade’s minimum projected gross floating P&L from its Price Data v2 path, then apply the stated average, median, percentage, or normalization.
- Why it is useful
- Shows the heat endured during trades and whether eventual outcomes required excessive adverse movement.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Median maximum adverse excursion
LiveMedian maximum adverse excursion describes the most adverse projected open P&L observed during eligible trades.
- Formula or calculation
- Derive each trade’s minimum projected gross floating P&L from its Price Data v2 path, then apply the stated average, median, percentage, or normalization.
- Why it is useful
- Shows the heat endured during trades and whether eventual outcomes required excessive adverse movement.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average MFE as balance percentage
LiveAverage MFE as balance percentage describes the most favourable projected open P&L observed during eligible trades.
- Formula or calculation
- Derive each trade’s maximum projected gross floating P&L from its Price Data v2 path, then apply the stated average, median, percentage, or normalization.
- Why it is useful
- Shows the opportunity available during trades and supports evaluation of entry and exit efficiency.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average MAE as balance percentage
LiveAverage MAE as balance percentage describes the most adverse projected open P&L observed during eligible trades.
- Formula or calculation
- Derive each trade’s minimum projected gross floating P&L from its Price Data v2 path, then apply the stated average, median, percentage, or normalization.
- Why it is useful
- Shows the heat endured during trades and whether eventual outcomes required excessive adverse movement.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average MFE in ATR
Coming SoonAverage MFE in ATR describes the most favourable projected open P&L observed during eligible trades.
- Formula or calculation
- Not currently calculated. The formula will be published after the required data and method are governed.
- Why it is useful
- Listed in Reports so the planned analysis area is visible without presenting an unavailable result as live.
- Interpretation note
- Coming Soon: ATR observations are not retained with the required trade-path history.
Average MAE in ATR
Coming SoonAverage MAE in ATR describes the most adverse projected open P&L observed during eligible trades.
- Formula or calculation
- Not currently calculated. The formula will be published after the required data and method are governed.
- Why it is useful
- Listed in Reports so the planned analysis area is visible without presenting an unavailable result as live.
- Interpretation note
- Coming Soon: ATR observations are not retained with the required trade-path history.
Average early favourable response
LiveAverage early favourable response is the arithmetic mean for eligible observations in the selected scope.
- Formula or calculation
- Sum of valid observed values ÷ number of valid observations.
- Why it is useful
- Summarises the typical level of early favourable response while reviewing favourable and adverse movement observed while trades are open.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average early adverse heat
LiveAverage early adverse heat is the arithmetic mean for eligible observations in the selected scope.
- Formula or calculation
- Sum of valid observed values ÷ number of valid observations.
- Why it is useful
- Summarises the typical level of early adverse heat while reviewing favourable and adverse movement observed while trades are open.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average trade P&L path amplitude
LiveAverage trade P&L path amplitude is the arithmetic mean for eligible observations in the selected scope.
- Formula or calculation
- Sum of valid observed values ÷ number of valid observations.
- Why it is useful
- Summarises the typical level of trade p&l path amplitude while reviewing favourable and adverse movement observed while trades are open.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average floating P&L variability
LiveAverage floating P&L variability is the arithmetic mean for eligible observations in the selected scope.
- Formula or calculation
- Sum of valid observed values ÷ number of valid observations.
- Why it is useful
- Summarises the typical level of floating p&l variability while reviewing favourable and adverse movement observed while trades are open.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average time to MFE
LiveAverage time to MFE describes the most favourable projected open P&L observed during eligible trades.
- Formula or calculation
- Derive each trade’s maximum projected gross floating P&L from its Price Data v2 path, then apply the stated average, median, percentage, or normalization.
- Why it is useful
- Shows the opportunity available during trades and supports evaluation of entry and exit efficiency.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average time to MAE
LiveAverage time to MAE describes the most adverse projected open P&L observed during eligible trades.
- Formula or calculation
- Derive each trade’s minimum projected gross floating P&L from its Price Data v2 path, then apply the stated average, median, percentage, or normalization.
- Why it is useful
- Shows the heat endured during trades and whether eventual outcomes required excessive adverse movement.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Capture & exit quality
How much available opportunity is retained at close.
Average MFE capture
LiveThe average share of available favourable excursion retained at close.
- Formula or calculation
- Average of realised gross close P&L ÷ positive MFE, using the approved boundary policy.
- Why it is useful
- Highlights whether exits retain gains or regularly surrender available profit.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Median MFE capture
LiveMedian MFE capture describes the most favourable projected open P&L observed during eligible trades.
- Formula or calculation
- Derive each trade’s maximum projected gross floating P&L from its Price Data v2 path, then apply the stated average, median, percentage, or normalization.
- Why it is useful
- Shows the opportunity available during trades and supports evaluation of entry and exit efficiency.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average peak giveback
LiveAverage peak giveback is the arithmetic mean for eligible observations in the selected scope.
- Formula or calculation
- Sum of valid observed values ÷ number of valid observations.
- Why it is useful
- Summarises the typical level of peak giveback while reviewing how much available opportunity is retained at close.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average peak giveback percentage
LiveAverage peak giveback percentage expresses the matching observations as a proportion of the eligible sample.
- Formula or calculation
- Matching eligible observations ÷ all eligible observations × 100.
- Why it is useful
- Makes how much available opportunity is retained at close. comparable across scopes and sample sizes.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average close location
LiveWhere trades close within their observed adverse-to-favourable P&L range.
- Formula or calculation
- Average of (gross close P&L − MAE) ÷ (MFE − MAE).
- Why it is useful
- Provides a normalized exit-quality measure across trades of different sizes.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average profit velocity
LiveAverage profit velocity is the arithmetic mean for eligible observations in the selected scope.
- Formula or calculation
- Sum of valid observed values ÷ number of valid observations.
- Why it is useful
- Summarises the typical level of profit velocity while reviewing how much available opportunity is retained at close.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Winning trade MFE capture
LiveWinning trade MFE capture describes the most favourable projected open P&L observed during eligible trades.
- Formula or calculation
- Derive each trade’s maximum projected gross floating P&L from its Price Data v2 path, then apply the stated average, median, percentage, or normalization.
- Why it is useful
- Shows the opportunity available during trades and supports evaluation of entry and exit efficiency.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Losing trade recovery from MAE
LiveLosing trade recovery from MAE describes the most adverse projected open P&L observed during eligible trades.
- Formula or calculation
- Derive each trade’s minimum projected gross floating P&L from its Price Data v2 path, then apply the stated average, median, percentage, or normalization.
- Why it is useful
- Shows the heat endured during trades and whether eventual outcomes required excessive adverse movement.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Path timing & stability
Time spent in heat, profit, stagnation, and recovery.
Average time below breakeven
LiveAverage time below breakeven is the arithmetic mean for eligible observations in the selected scope.
- Formula or calculation
- Sum of valid observed values ÷ number of valid observations.
- Why it is useful
- Summarises the typical level of time below breakeven while reviewing time spent in heat, profit, stagnation, and recovery.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average time below breakeven percentage
LiveAverage time below breakeven percentage expresses the matching observations as a proportion of the eligible sample.
- Formula or calculation
- Matching eligible observations ÷ all eligible observations × 100.
- Why it is useful
- Makes time spent in heat, profit, stagnation, and recovery. comparable across scopes and sample sizes.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average time to breakeven
LiveAverage time to breakeven is the arithmetic mean for eligible observations in the selected scope.
- Formula or calculation
- Sum of valid observed values ÷ number of valid observations.
- Why it is useful
- Summarises the typical level of time to breakeven while reviewing time spent in heat, profit, stagnation, and recovery.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average time to breakeven percentage
LiveAverage time to breakeven percentage expresses the matching observations as a proportion of the eligible sample.
- Formula or calculation
- Matching eligible observations ÷ all eligible observations × 100.
- Why it is useful
- Makes time spent in heat, profit, stagnation, and recovery. comparable across scopes and sample sizes.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average time to peak profit
LiveAverage time to peak profit is the arithmetic mean for eligible observations in the selected scope.
- Formula or calculation
- Sum of valid observed values ÷ number of valid observations.
- Why it is useful
- Summarises the typical level of time to peak profit while reviewing time spent in heat, profit, stagnation, and recovery.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average time from peak to close
LiveAverage time from peak to close is the arithmetic mean for eligible observations in the selected scope.
- Formula or calculation
- Sum of valid observed values ÷ number of valid observations.
- Why it is useful
- Summarises the typical level of time from peak to close while reviewing time spent in heat, profit, stagnation, and recovery.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average post-peak time percentage
LiveAverage post-peak time percentage expresses the matching observations as a proportion of the eligible sample.
- Formula or calculation
- Matching eligible observations ÷ all eligible observations × 100.
- Why it is useful
- Makes time spent in heat, profit, stagnation, and recovery. comparable across scopes and sample sizes.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average time in favourable territory
Coming SoonAverage time in favourable territory is the arithmetic mean for eligible observations in the selected scope.
- Formula or calculation
- Not currently calculated. The formula will be published after the required data and method are governed.
- Why it is useful
- Listed in Reports so the planned analysis area is visible without presenting an unavailable result as live.
- Interpretation note
- Coming Soon: the raw price-path observations required for this calculation are not retained.
Average recovery time from MAE
Coming SoonAverage recovery time from MAE describes the most adverse projected open P&L observed during eligible trades.
- Formula or calculation
- Not currently calculated. The formula will be published after the required data and method are governed.
- Why it is useful
- Listed in Reports so the planned analysis area is visible without presenting an unavailable result as live.
- Interpretation note
- Coming Soon: the raw price-path observations required for this calculation are not retained.
Average breakeven crossings
Coming SoonAverage breakeven crossings is the arithmetic mean for eligible observations in the selected scope.
- Formula or calculation
- Not currently calculated. The formula will be published after the required data and method are governed.
- Why it is useful
- Listed in Reports so the planned analysis area is visible without presenting an unavailable result as live.
- Interpretation note
- Coming Soon: the raw price-path observations required for this calculation are not retained.
Average stagnation time
LiveAverage stagnation time is the arithmetic mean for eligible observations in the selected scope.
- Formula or calculation
- Sum of valid observed values ÷ number of valid observations.
- Why it is useful
- Summarises the typical level of stagnation time while reviewing time spent in heat, profit, stagnation, and recovery.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average time near breakeven
LiveAverage time near breakeven is the arithmetic mean for eligible observations in the selected scope.
- Formula or calculation
- Sum of valid observed values ÷ number of valid observations.
- Why it is useful
- Summarises the typical level of time near breakeven while reviewing time spent in heat, profit, stagnation, and recovery.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Average trade pain area
LiveAverage trade pain area is the arithmetic mean for eligible observations in the selected scope.
- Formula or calculation
- Sum of valid observed values ÷ number of valid observations.
- Why it is useful
- Summarises the typical level of trade pain area while reviewing time spent in heat, profit, stagnation, and recovery.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
Price-path metric coverage
LivePrice-path metric coverage expresses the matching observations as a proportion of the eligible sample.
- Formula or calculation
- Matching eligible observations ÷ all eligible observations × 100.
- Why it is useful
- Makes time spent in heat, profit, stagnation, and recovery. comparable across scopes and sample sizes.
- Interpretation note
- Requires an eligible Price Data v2 path. Sub-minute trades and trades without sufficient price history can be excluded; check coverage before interpreting the result.
