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New Stats

We’ve added new stats: total lots/units, profit factor and commissions, in the advanced statistics box:

Also, you can now see an exact win/loss rate par each currency, in the advanced statistics, summary tab:

All of the new statistics can be analyzed in real-time using custom analysis. The new stats will become available after the next account update, as always.

Have a great week,

The Myfxbook team.

This entry was posted on Sunday, August 8th, 2010 at 08:00 and is filed under Myfxbook Updates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

10 Responses to “New Stats”

  1. Johan says:
    August 8, 2010 at 12:31

    Hi,

    I just checked but it shows only zeros while your pictures show non zeros values.

    Best regards,
    Johan

    [Reply]

    Myfxbook Reply:
    August 8th, 2010 at 12:42

    That’s because your account wasn’t updated yet. If you’re using the EA, please wait until the markets open as it doesn’t send any data during the weekend.

    [Reply]

  2. ShortyFX says:
    August 8, 2010 at 19:22

    Hi,

    nice job, but how is “profit factor” exactly defined?

    Thanks, ShortyFX

    [Reply]

    Myfxbook Reply:
    August 9th, 2010 at 05:50

    Taken from http://www.nd.com/define/profit.html: “This value is the profit generated by profitable trades divided by the losses generated by losing trades. A value of 2 would indicate that twice as much money was made from winning trades than was lost from losing trades. Higher values indicate less risk. “

    [Reply]

  3. ShortyFX says:
    August 8, 2010 at 19:28

    Hi,
    just checkt my “account” track again. For the accounts which use “units”, maybe you could (should) cancel all the “zero-number” right from the dot. With the broker o…a we can not tade smaler than 1 unit oder scale out 1 unit. :-)

    Thanks, ShortyFX

    [Reply]

    Myfxbook Reply:
    August 9th, 2010 at 06:27

    You’re correct – fixed.

    [Reply]

  4. Noris says:
    August 12, 2010 at 09:53

    Hi,folks! It wod be great to see in Trading activity-trading history the Risk:Reward Ratio,wich wod be taken from the first StopLoss and the profit.
    For example-buy usd/chf open-1.0450, StopLoss-1.0400 and close at 1.0500
    So the risk:reward is 1:1

    [Reply]

    Myfxbook Reply:
    August 12th, 2010 at 13:10

    Thanks for the suggestion! :)

    [Reply]

  5. Mikko says:
    August 12, 2010 at 10:16

    hi thanks for incorporating computation of Profit Factor. Does it take into account commission, or is it based on “pure” trade P/L? I.e. can I use it to compare a trading strategy’s performance on two brokers, one of which is an ECN broker?

    [Reply]

    Myfxbook Reply:
    August 12th, 2010 at 13:12

    No, it uses the pure profit of the trade, disregarding and commissions.

    [Reply]

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