Galaxy Quest EA

EURJPY (1H CHART) Trading Performance Summary

This trading account has shown remarkable performance with a detailed breakdown of various key statistics. Let's take a closer look at the insights provided by these numbers:

Historical Data Quality: The data spans over an extensive 23,535,520 bars, indicating robust backtesting and analysis.

Initial Deposit: The trading journey started with an initial deposit of $3,000.

Total Net Profit: Over time, the total net profit has grown to an impressive $92,200.02, showcasing the account's profitability.

Profit and Loss: Gross profit stands at $394,581.57, while gross losses amount to $302,381.55. The profit factor of 1.30 suggests that for every $1 lost, the account gains $1.30.

Recovery Factor: The recovery factor is 16.85, highlighting the account's ability to recover from losses effectively.

Average Holding Period Return (AHPR): This stands at 1.0015 (0.15%), indicating an average return over the holding period. The GHPR is 1.0013 (0.13%), reflecting the growth in wealth over time.

Total Trades and Deals: A total of 9,913 trades and 36,000 deals have been executed, providing a comprehensive view of the trading activity.

Maximal Drawdown: The maximum balance drawdown was $5,282.83, representing a 9.88% reduction from the peak balance. The relative drawdown was 49.72%, a measure of the decline concerning the highest equity point.

Expected Payoff: With an expected payoff of $634.02, each trade contributes positively to the account's growth over time.

Sharpe Ratio: The Sharpe ratio of 1.36 indicates that the account's returns have outweighed the risk taken.

LR Correlation and Standard Error: These metrics show a positive correlation and a low standard error, suggesting consistency and reliability in the trading strategy.

Trade Statistics: Of all the trades, 53.90% were profitable, resulting in $1,491.49 in profit. This data provides insights into the trading strategy's effectiveness.

Equity Drawdown: The maximum equity drawdown reached $5,470.72, which is a 10.21% decline from the peak equity point.

Margin Level and Z-Score: The margin level is at a healthy 188.88%, indicating ample margin to support the trading positions. The Z-Score at -1.58 is within a reasonable range, signifying normal distribution.

Time-Based Entries: There are 580 entries by hours, showcasing the trading activity throughout different parts of the day. Additionally, 260 entries by weekdays and 435 entries by months reveal variations in trading frequency during the week and year.

These statistics provide a comprehensive overview of the trading account's performance, showcasing its profitability, risk management, and consistency. The positive Sharpe ratio and low standard error suggest a well-managed and effective trading strategy.