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is there a better Trade Performance tool for NinjaTrader?


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  #1 (permalink)
 vickisb 
Sarasota FL
 
Experience: Intermediate
Platform: Ninja Trader
Trading: ES
Posts: 83 since Feb 2017
Thanks Given: 45
Thanks Received: 27

Is there a trade analysis for NinjaTrader that accurately reflects # of trades and win%, or should I just ignore it in favor of Profit Factor. For instance, this morning it says I took 6 trades for a 50% win rate. In fact, I took 4 trades, 3 losses for 1, 1 and 3 contracts, and 1 win for 4 contracts split on the Trade Performance Trades log as trades for 1, 2 and 1 contract. I'm not sure how I'd like to look at the win rate, but for sure the trade for 4 contracts should be considered as either 4 trades or 1, not 3.


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  #2 (permalink)
 Neologic 
Tulsa, OK
 
Experience: Intermediate
Platform: NinjaTrader, Bookmap
Trading: Futures
Posts: 22 since Dec 2022
Thanks Given: 4
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vickisb View Post
Is there a trade analysis for NinjaTrader that accurately reflects # of trades and win%, or should I just ignore it in favor of Profit Factor. For instance, this morning it says I took 6 trades for a 50% win rate. In fact, I took 4 trades, 3 losses for 1, 1 and 3 contracts, and 1 win for 4 contracts split on the Trade Performance Trades log as trades for 1, 2 and 1 contract. I'm not sure how I'd like to look at the win rate, but for sure the trade for 4 contracts should be considered as either 4 trades or 1, not 3.

I use Journalytix https://www.jigsawtrading.com/journalytix-institutional-grade-trade-analytics/ from Jigsaw Trading. You may want to check them out to see if they may be useful for you. Via a plugin, it records all of my trades, even for sims, and lets me accurately know my Trade Performance. I hope this helps you.


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 xplorer 
London UK
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