Weekly statistics MT4
- Indicators
- Shi Jie He
- Version: 2.1
- Updated: 26 May 2024
Accurate trading analysis at your fingertips: Next-generation trading analysis software
Mainstream trading analysis software available on the market often provides only hourly or weekly profit and loss ratio statistics, which fail to meet the need for more precise trading analysis. However, in the real trading market, each day presents unique circumstances. Mondays are quiet, Wednesdays are active with triple overnight interest, and Fridays are exceptionally active with major data releases. Clearly, conducting statistical analysis on a daily basis is not scientific, while analyzing on a weekly basis is more reasonable. However, weekly charts only show the statistical conditions of each day and cannot capture the hourly changes. Furthermore, certain instruments exhibit significant differences between long and short positions, requiring distinct analysis, which is lacking in current trading analysis software.
Apart from the overly coarse time units, existing trading analysis software also falls short in terms of strategy filtering. Filtering based solely on instrument names is not scientific since one instrument may have multiple strategies running simultaneously. Similarly, relying solely on magic numbers for filtering is unreasonable because some trading programs use the same magic number to manage trades for multiple instruments. Therefore, a more reasonable approach is to filter strategies based on the combination of instrument and magic number, in order to avoid interference with the analysis results.
Although some software does utilize instrument and magic number for strategy filtering, their methods are highly inconvenient, as only one strategy can be viewed at a time, preventing a comprehensive overview, and the process of switching between strategies is complex.
To address these issues, a new generation of trading analysis software has emerged. This software offers a rich interface where all data is displayed in a single window without unnecessary additional windows. Strategy switching is extremely convenient, requiring only a mouse click, and it also provides the ability to modify strategy names for easy record-keeping. Additionally, the software includes a list sorting feature, allowing you to effortlessly find the strategies you wish to analyze.
Key advantages of this software include:
Fine-grained time units: Statistical analysis conducted on an hourly basis, differentiating between long and short positions, reflecting market changes more accurately.
Reasonable strategy filtering: Adopting a combination of instrument and magic number for strategy filtering, preventing interference with analysis results.
Convenient operation: A rich interface, easy strategy switching, and features such as name modification and list sorting.
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