I have seen many spreadsheets but I havenŽt seen one that does something with the MAE and MFE!
IŽam looking for a spreadsheet with some simple inputs that can calculate the stoploss and the target for my trades. I think this is de benefit of keeping a record of all trades taken with the MAE and MFE.
It is important to know the win loss ratio but you only can raise this ratio if you know your MAE and MFE if for example you raise your target to get a higher ratio but your MFE is lower than your target, you finally get a lower win loss ratio because your target is not hit.
So if we can make a spreadsheet that, with the record obtained of all taken trades, can calculate the stoploss and the final target we then can indeed increase our win loss ratio.
IŽam not so good with exel and IŽam keeping my records by hand so I calculate the stoploss and target by hand with that results.
I use one target for al my contracts.