EdgityCore - Understanding Mode Quant (Historical Analysis)

EdgityCore - Understanding Quant Analysis Mode

Every EdgityCore Indicator can work in two modes. This guide explains the second one, Quant Analysis Mode, in plain trading language. It does not matter which indicator you use: the idea is the same.

"Does this strategy have a measurable edge on this market, and how would it have behaved over the period I choose?"

That is the question Quant Analysis Mode answers.

What Quant Analysis Mode Is

Quant Analysis Mode is the historical research mode of the indicator. You choose a period. The indicator finds every signal its rules would have produced in that period, follows each one through to its outcome, and summarises the results.

The key point is that this mode studies the strategy, not your trading. It does not look at your account, your trades or your decisions. Every signal is evaluated in exactly the same way, so the results show how the strategy behaves.

• It draws every signal in the chosen period, with its entry, Stop Loss and profit levels.
• It follows each signal to its outcome using fixed, identical rules.
• It turns the outcomes into statistics: Win Rate, Profit Factor, Net Points, Drawdown, and more.
• It lets you export the full set of reports, including the Yearly Report.

When to Use It

Use Quant Analysis Mode when you want to learn about the strategy, usually before or between trading sessions:

• You are evaluating an indicator before you trust it with real money.
• You want to compare how a setting (sessions, Stop Loss, exits) changes the results.
• You want to know how bad a losing streak or a drawdown could get, and how often.
• You want a year-by-year view of consistency.

If your question is "What is happening today, and how are my trades doing?", you want the other mode. See EdgityCore - Understanding Trading Mode.

How the Analysis Window Is Chosen

In Trading Mode the window is always the current broker day. In Quant Analysis Mode you choose it, with the date inputs:

Start date End date │────────────── your analysis window ────────────│ signals inside the window are drawn and counted

You also need enough history on your chart. Your broker must provide the bars for the period you want to study, otherwise the indicator can only analyse what is available.

How Analysis Begins

Quant Analysis Mode starts when you:

• attach the indicator with Default Trading Mode at startup set to Quant Analysis; or
• click the mode button at the top right of the chart so that it reads Mode: QUANT.

The indicator then reads the history, finds all the signals in your window and evaluates them. On a long period this can take a moment. The indicator remembers the mode you chose for each symbol and timeframe.

The analysis is repeated whenever something that affects the results changes: the dates, the sessions, or the trade management settings. The panel always reflects your current settings, so the numbers change when you change a setting. That is expected.

The Active Filters section of the statistics panel confirms the mode (Mode: Quant) and the date range in use.

Historical Signals

Every signal in the window is drawn on the chart and stays there. Nothing is hidden after a signal finishes, so you can scroll back and inspect each one. Each signal shows its entry, its Stop Loss and the Take Profit levels it reached.

The Completed Trades row of the Strategy Panel chooses what the chart shows of a signal's levels: All levels, or only the Reached Levels (the entry, the Stop Loss and the Take Profit levels that price has actually reached).

The indicator keeps following the market after the analysis is built. When new bars complete, new signals are added to the history, as long as they fall inside your date range.

No trade of yours is needed. Signals are not matched to your trades, there is no LIVE TRADES section, there is no All Signals / Latest Only choice (every signal is always drawn), and the statistics are never greyed out waiting for a trade.

How Statistics Are Generated

The Historical Analysis section of the Statistics Panel summarises how every detected signal has historically performed under the current indicator configuration.

Each signal is evaluated as if it had been entered at its entry price and followed through its Stop Loss and Take Profit levels. The rules are identical for every signal, so the results are directly comparable.

Quant Analysis Mode groups the signals by the highest performance level each one reached so far: Stop Loss, the Risk Mitigation Level, a Take Profit level, or the trailing stop. From those historical outcomes, the Historical Analysis section computes:

• the number of entries, bullish and bearish;
• how many are resolved (they have reached an outcome) and how many are still pending;
• Net Points, Average per Trade, Win Rate, Profit Factor and Average R/R;
• Maximum Drawdown, and the longest winning and losing streaks.

Pending here only means "not yet classified". A signal leaves Pending as soon as it reaches its first outcome.

Reports

Every report is a snapshot that you create with a button. Each is saved as a new, time-stamped file and nothing is overwritten. In Quant Analysis Mode all of them are available except the Trade History:

Each report has its own guide that explains every column.

Performance Evaluation

The Performance section of the statistics panel adds measures that describe the quality and the risk of the results, such as Expectancy (the average result per signal, in R), Risk of Ruin, Sharpe and Sortino. They are calculated from the signal outcomes of your window.

Treat a result as meaningful only when it rests on a reasonable number of signals. A few signals prove very little, whatever the percentages say. In Quant Analysis Mode these measures are always shown; the Performance View: min trades for advanced stats input applies to Trading Mode only.

The Circuit Breaker in Quant Analysis Mode

In Quant Analysis Mode you choose how the strategy is studied, with the input Circuit Breaker (Quant Mode). It is off by default.

With the Circuit Breaker on, the indicator walks through your history one broker day at a time. During each day it watches the outcome of completed signals. A signal that reaches its Stop Loss before reaching the Risk Mitigation Level adds one to the consecutive-loss count, and a signal that reaches the Risk Mitigation Level or a Take Profit resets the count to zero. When the count reaches the configured Daily Loss Limit, the indicator stops creating new signals for the remainder of that broker day. Nothing new is drawn or counted for that day. The count starts again at the next broker day, and signal creation resumes.

The Daily Loss Limit is the same input that Trading Mode uses. Setting it to 0 turns the Circuit Breaker off.

Comparing the Raw Strategy and the Strategy with Circuit Breaker is one of the most useful experiments in this mode: it shows what the daily safety net would have changed.

Comparing the Two Modes

The two modes are complementary. A good routine is to study the strategy in Quant Analysis Mode, decide how you want to trade it, then switch to Trading Mode to trade it and measure yourself against it. Switching modes does not delete anything: the indicator rebuilds itself for the mode you choose, and your trades in Trading Mode are restored from their saved matches.

A Typical Research Workflow

1. Switch to Quant Analysis Mode. The button reads Mode: QUANT.
2. Choose the window. Set the Start and End dates, and make sure your chart has enough history.
3. Look at the chart. Scroll through the signals and check they match what you expect from the strategy.
4. Read the statistics panel. Start with the number of signals, then Win Rate, Profit Factor, Net Points, Drawdown and the losing streaks.
5. Test the Circuit Breaker. Run the Raw Strategy first, then enable the Circuit Breaker and compare.
6. Change one setting at a time (sessions, Stop Loss, exits) and compare. Changing several at once hides what helped.
7. Export the reports you need: Stats, Yearly, CW|CL and DD.
8. Switch to Trading Mode when you are ready to trade.

Related Guides

© 2026 Marc Quentier. All Rights Reserved. This document is part of the EdgityCore Suite. No part of this publication may be reproduced, distributed or transmitted in any form or by any means without the prior written permission of the copyright holder, except as permitted by applicable copyright law.