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Trading Metrics for journals/record keeping
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Trading Metrics for journals/record keeping

  #101 (permalink)
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vvhg View Post
@meyer99 great work, this looks very good!

It might be a good idea to stick that into the journal....
However, my first question would be how you define MFE for these calculations, as it clearly must be an after trade MFE!?

vvhg

It is the max profit given by the trade if you would exit to perfection. It is an after trade mfe. I record all trades at the end of day.

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  #102 (permalink)
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Ok, I see. I for myself have always a bit of a problem when determining that because eg pullbacks are also not unimportant......
BUT at the end of the day I don't have to tell anyone how to calculate it...I just jump in one step later and provide tools to analyse that data.........until it's roasted....


Next version will include target analysis (see screenshot) currently still in beta....


vvhg

Hic Rhodos, hic salta.
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  #103 (permalink)
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vvhg,
As you know this is an art. I must add that I measure the MFE until I get a signal to trade in the opposite direction. Then I am in another trade and measuring starts again. I tend to trade rotationally. If you go for the big swings then you will stay with the first trade and yes, the pullbacks are something that need consideration.

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  #104 (permalink)
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Preparing for easy migration

On the Journal tab, is there anything still missing we might need in the future (second MFE is in there now)?

Background to this question is that once we don't make any changes to the Journal tab anymore it would (theoretically, don't let me promise too much yet) be possible to copy the complete sheet for easy migration....

Hic Rhodos, hic salta.
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  #105 (permalink)
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Sorry for not getting back sooner.

I found another reference that was causing errors. InternalCalcs!AC2 has a reference to:

'Y:\[Journal 1.5.1.xlsm]Journal'!P:P.

I removed the path so it now is:

Journal!P:P

Regarding the changes to the overview tab:

I merely display a space or a 0 where appropriate. I'll send the changed version via PM 'Real Soon Now'.

Samurai

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  #106 (permalink)
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vvhg View Post
Sounds very interesting!
Would you be willing to to share your version? Perhaps I could have a look at yours :
1. to have a look at the changes you made and perhaps steal some of them for future versions
2. to hopefully find an easy way for you to update
3. I was already thinking about these plots and would really like to see how they turn out!


vvhg

Happy to oblige, but it'll take some days because I'm currently 'on the road'. I should also say mine is probably fairly klutzy, as I really know nothing about Excel....

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  #107 (permalink)
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Afraid I made things worse

I'm afraid I've made things worse by trying to get rid of the 'DIV/0' errors.

I'm getting an 'out of resources' message when I calculate the entire workbook.

I'll keep looking.

Samurai

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  #108 (permalink)
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@vvhg Just sent you an updated spreadsheet via PM

Samurai

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  #109 (permalink)
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Thanks for all your hard work guys!!!

I'm new to this forum and just found it as I was looking for a journal versus reinventing the wheel. I just downloaded it and haven't yet looked at it but I will post any comments/suggestions that I might have in the next little while. I just wanted to say thanks to all for this spreadsheet as I'm sure it is the result off many hours of diligent work.

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  #110 (permalink)
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http://www.indicatorwarehouse.com/moneyexpert


this might be of interest to you guys...

Risk Management| Position Sizing | NinjaTrader | 877-646-5249

NTIndicatorWarehouse's Channel - YouTube

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