Analyzing your performance with the DeepCharts Strategy Report

The DeepCharts Strategy Report turns an account's history into a performance report: balance, profits, losses, drawdown, win rate, every trade in detail, result per instrument, equity curve and profitability by hour. You need a connected trading account with trades in the chosen period. This tutorial covers generating the report and then reading its five tabs.

Step by step

1. 01

   Open the Strategy Report

   In the DeepChart menu bar, click Trading then Strategy Report. The window that opens is titled Signal Performance: it is the same module. Its five tabs (Strategy Performance, Trade List, Symbol Performance, Chart, Time Analysis) stay empty until you generate a report.

   

2. 02

   Pick the account, period and symbols

   Select the Broker and Account to analyze at the top left. Then click the gear icon at the top right: All Symbols takes every instrument, or turn it off to use Select Symbols; Begin Date and End Date set the period; Use Commission includes commissions in the figures. The panel also has a Hypothetical result section (Daily DD, Daily Runup, Max Contracts, Trade Drawdown, Trade Runup), which the help center does not document. Finally click Generate Report. The Export CSV button sends the data out to a spreadsheet.

3. 03

   Read the Strategy Performance tab

   This is the period's summary: Balance, Profit, Loss, Number of Trades and Commission Paid when commissions are on. Then come drawdowns and run-ups (Close DrawDown, Max Trade DrawDown, Max Trade Run-up and their averages), followed by trade quality: % Winning Trade, number of winners and losers, largest win and loss, average win and loss. Figures are split between all trades, longs and shorts. Always weigh average win against average loss together with the win rate: 41 % can be enough if average wins clearly beat average losses, and a high win rate saves nothing if a few losses wipe everything out.

4. 04

   Go through the Trade List

   One row per trade: Entry DT and Exit DT (date and time), Entry price and Exit price, Entry qty and Exit qty, then the trade's Profit Loss, Drawdown and Runup. Runup shows how far the trade went your way before the exit, Drawdown how far it went against you. Losers with a large Runup point to targets set too far or a stop never moved up; winners with a Drawdown close to your stop point to more risk than you planned.

   

5. 05

   Compare instruments with Symbol Performance

   This tab gives the period's balance per symbol, as All Trades, Long Trades and Short Trades. This is where you see whether your day is won on NQ and lost on ES, or whether you make money buying one contract but not selling it. An instrument that stays negative period after period deserves to come off your list rather than be traded just to see.

   

6. 06

   View the curve in the Chart tab

   The left column offers several charts: Equity Curve, Long Equity and Short Equity, Drawdown, Equity Curve with DrawDown, Daily PL and Trade Analysis. The equity curve shows consistency better than a balance figure: a curve climbing in steady steps and one that dives then rebounds sharply can end at the same level with very different risk, which matters against a prop firm's maximum drawdown.

   

7. 07

   Find your good and bad hours with Time Analysis

   Hourly Analysis splits profitability by hour of the day, Daily, Monthly and Yearly Analysis by day, month and year, always as All, Long and Short Trades. On US index futures, the cash open and late morning do not trade alike: if a time slot stays negative over several weeks, the simplest fix is to stop trading it.

   

Settings, tab by tab