AlgoRadar

AlgoRadar — On-Chart Trade Analytics for MetaTrader 5

AlgoRadar is an on-chart analytics dashboard for MT5 that aggregates Expert Advisor performance across multiple accounts, brokers, and platforms — including both MT4 and MT5 data — into a single live view on your MT5 chart.

What AlgoRadar Does

AlgoRadar displays aggregated EA performance metrics directly on your MT5 chart in real time, without requiring external applications or manual report processing. All analysis runs from the chart interface.

EA Analysis and Ranking

For traders running multiple Expert Advisors, AlgoRadar provides a consolidated view of each EA's performance across accounts.

• Consolidated dashboard for accounts, brokers, and platforms
• Sortable performance ladder
• Auto-detection on startup

Ranking and Scoring Framework

• Visual rankings — gold, silver, bronze indicators for top performers by composite score
• Composite score — weighted formula combining win rate, profit factor, Sharpe ratio, and drawdown
• Click-to-sort — re-rank by profit, trades, win percentage, profit factor, drawdown, or score
• Side-by-side comparison — all strategies in one sortable ladder
• Quick period buttons — switch between Today, Week, Month, All Time directly from the ladder

Key Features

• Auto EA detection — identifies active strategies on startup
• Smart ranking — sort by profit, win percentage, profit factor, drawdown, or composite score
• Portfolio review engine — analyses the full EA set and produces category recommendations
• Multi-broker aggregation — multiple accounts in a single view
• Prop firm mode — targets, drawdown limits, challenge phase tracking
• Trade history export — CSV and HTML statements for any period
• Six time periods — Today, Yesterday, Week, Month, Year, All Time, plus Custom
• Quick period switching — change time periods from the EA Ladder
• Profile system — auto-saves settings and supports 5 named profiles
• Hour-by-hour heatmap — identifies time-of-day performance patterns
• Symbol performance — per-EA best and worst pairs
• One-click screenshots — capture for record-keeping

Seven Tabs

• Overview — balance chart, key stats, period cards
• EA Cards — visual snapshots with mini equity curves and rank indicators
• EA Ladder — sortable rankings table with profit/loss bars, quick period buttons, and Portfolio Review access
• Calendar — daily P/L heatmap
• Charts — overlay multiple strategies for visual comparison
• Prop Firm — challenge tracking with four drawdown calculation methods
• Settings — scan EAs, rename strategies, save/load profiles, export statements

Portfolio Review Engine

For traders running multiple EAs, the Portfolio Review engine analyses the full portfolio and produces category-based recommendations. One click on Portfolio Review in the EA Ladder runs the analysis.

The engine:

• Analyses each EA's risk-adjusted performance across the portfolio
• Identifies EAs with negative expectancy contribution
• Identifies EAs with disproportionate drawdown relative to returns, with suggested percentage lot reduction
• Identifies EAs with low drawdown and strong metrics, with suggested percentage scaling
• Calculates a portfolio health score (0-100) with an overall balance rating

Four recommendation categories:

• Remove — EA with negative expectancy or net loss over the analysed period
• Reduce Risk — profitable EA with drawdown high relative to returns, with specific percentage lot reduction
• Increase Risk — strong metrics with low drawdown, with specific percentage scaling suggestion
• No Action — EA performing within balanced parameters at current settings

The engine cross-references profit factor, win rate, Sharpe ratio, drawdown contribution, risk-reward ratio, and per-trade expectancy to produce the recommendations.

Trade History Export

Generate trade statements directly from MT5 history.

• CSV export — one row per closed position, 14 columns, suitable for spreadsheet or accounting software
• HTML report — print-ready, with summary, gains table, and losses table on separate pages
• Flexible date range — any period using the Custom Date picker
• Group summaries — break down by Magic Number, Comment, or Symbol
• Close Time or Open Time filtering — select the basis that matches local reporting requirements
• Transparent calculations — Net = DealProfit + Commission + Swap, fully auditable
• Partial close handling — deals aggregated by Position ID
• VPS-compatible — files saved to Common\Files, accessible from any terminal

Note: this export is a data tool. Users should consult their local tax professional for jurisdiction-specific reporting.

Profile System

• Auto-saves settings on exit and restores on restart
• 5 named profile slots for different analysis views
• Save named profiles such as "Daily Review", "Prop Gold Only", or "All Accounts Monthly"
• Switch between profiles via the Profiles popup
• Custom profile names, per-account storage, and strategy states all preserved

Multi-Account Aggregation

For traders running EAs across multiple prop accounts or brokers, AlgoRadar consolidates the data.

• Aggregate multiple accounts and brokers
• Combined rankings across the portfolio
• VPS, desktop, and laptop data synced via the included Exporter

AlgoRadar Exporter is included at no additional cost for multi-account synchronisation.

Prop Firm Mode

• Profit targets and drawdown limits configurable as percentages
• Phase 1, Phase 2, and Funded account tracking
• Four daily drawdown calculation methods covering common prop firm rule variations
• Visual progress chart with target and drawdown limit lines

Metrics Tracked

Net profit/loss, win rate, profit factor, max drawdown (dollar and percentage), Sharpe ratio, expectancy, average win, average loss, risk-reward ratio, best trade, worst trade, total trades, consecutive wins, consecutive losses, composite score, best symbol, worst symbol, profit by hour, daily drawdown, balance curve, equity curve.

Setup

1. Drag AlgoRadar onto any MT5 chart
2. Click "Scan and Configure"
3. EAs are detected and ranked automatically

Settings auto-save between sessions.

What's Included

AlgoRadar main dashboard, AlgoRadar Exporter for multi-account synchronisation (contact the developer via MQL5 comments to receive), user manual (PDF), and updates through the MQL5 comments section.