Although it’s the holidays, we’re working hard (as usual! ) on adding new features, implementing your suggestions, and fine tuning our systems! So what have we added today?
Sharpe Ratio – The Sharpe ratio is used to characterize how well the return of an asset compensates the investor for the risk taken. The higher the value, the better.
AHPR – Arithmetic Average Holding Period, or AHPR, is the average holding period return.
GHPR – Geometric Average Holding Period, or GHPR, is the geometric holding period return. A system having the largest GHPR will make the highest profits if compounded. A GHPR<1 means that the system will lose money if compounded.
Avg. Trade Time – average trade time.
The new statistics can be found in the advanced statistics window:
Since we keep adding more and more metrics, we’ve felt it was necessary to redesign a bit the advanced statistics for easier reading and interpretation, so no need to panic if the old metrics are not in its usual location .
The new statistics will become available after the next account update.
We’ve also added 5 new widgets as you’ve requested (can be found in the custom widget):
The Myfxbook team.