MT5 Trade Journal Dashboard for Closed-Deal Performance
Summary
This MT5 indicator summarizes closed-deal history from the trading account and displays the results in a chart panel. It reads deals through the terminal’s history functions, aggregates them over a configurable lookback period, and refreshes on a timer. It is read-only: it does not use price data to generate signals or place, modify, or close orders.
The dashboard reports trade count, win rate including swap and commission, profit factor, net profit or loss, consecutive wins and losses, strongest and weakest symbols, and a cumulative net-profit curve. The text explains that win rate alone does not establish profitability and that profit factor compares gross gains with gross losses. It cautions that statistics from fewer than roughly 30 trades should be treated as preliminary, and that the metrics are diagnostic rather than signals. Results depend on the chosen history window and whether the display aggregates all account symbols or only the chart’s instrument.
Key ideas
- The indicator aggregates closed-deal history over a configurable lookback window.
- It reports win rate, profit factor, net result, streaks, symbol contributions, and a cumulative profit curve.
- Win rate alone can be misleading because payoff size affects overall profitability.
- The document advises treating statistics from fewer than roughly 30 trades as preliminary.
- These metrics are intended for performance review rather than trade entry signals.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.