To monitor any strategy, you’ll start by opening your strategy page, which you can do in two ways: (1) right after creating a new strategy and (2) when opening a previously created strategy.
Let’s take a look at the page, piece by piece.
Part 1 - Strategy Summary
- See or edit your strategy’s name, and view the date and time it started
- Indicates if the strategy is live or stopped
- Indicates how many "hits" your strategy has had if your strategy is running in a loop
- See the Total P/L of the strategy
- Set the Total SL (discussed here in greater detail)
- Toggle between running your strategy once or in a loop (read more about it here)
Part 2 - Widgets for Entry/Exit Conditions
The widgets shown vary with the conditions you set in your exit or entry strategies — each condition you set is reflected by a different widget.
In the example below, we set up a strategy with two conditions connected with the operator "AND," meaning that the strategy will only trigger when both conditions are met.
We monitor each condition separately, and each widget lights up when its corresponding condition is met. Then, when both widgets are activated, the strategy will trigger.
The widgets will update in real time, according to the condition attributes set in your strategy.
Hover over the widget's legend to view the details of the terms.
Part 3 - Detailed Strategy Summary
Here, you’ll find some more in-depth insights about your strategy.
- A candlestick chart of your strategy’s P/L. Each candlestick stands for the P/L of a single hit of the strategy. Hover over it to reveal more information about that hit.
2. The strategy’s total number of hits, total P/L, and total ROI (Return on Investment).
3. Plus, you’ll also see statistics on:
a. The percentage of winning and losing hits
b. Average Profit/Loss
c. Total Profit/Loss
Part 4 - Strategy timeline
Keep track of the strategies you’ve already executed with the cards displayed on the right side of the page. We show you a card for each of these executed orders, with a summary that includes the asset, the order type, and the direction of the order.
Below that, depending on the order type, you’ll see two, three, or four data sets, including a value and a dynamic bar. Those four possible data sets are: average price of execution, number of units ordered, order’s limit price, and/or order’s stop price.
The value stands for the average price of execution.
The bar’s value reflects changes in the asset’s price as a ratio of the average, and its color reflects whether the change is in favor of the order direction.
The bar’s length reflects the highest absolute change during the position’s lifetime.
The value stands for the ordered amount.
The bar’s value shows the executed amount
The value stands for the order’s limit price (if relevant).
The bar’s value show how far is the asset’s price from the limit price, and its color reflects whether the order should (green) or shouldn’t (red) be executed, according to the current price.
The bar’s length reflects the highest absolute distance,during the order’s lifetime.
The value stands for the order’s stop price (if relevant).
The bar’s value shows how far the asset’s price is from the stop price, and its color reflects whether the order should (green) or shouldn’t (red) be executed, according to the current price.
The bar’s length reflects the highest absolute distance during the order’s lifetime.
*Please note that all screenshots and examples are only shown for the purpose of a technical demonstration and should not in any way be construed as recommending any type of trading strategy and they do not constitute any form of advice. Please click here for further explanation