Strategy Analytics

Strategy Analytics

Once you have created one or more strategies and tagged your trades accordingly, TraderNest generates detailed per-strategy performance analytics. This feature lets you objectively measure which strategies are profitable, which are not, and how each compares to the others. It removes guesswork from the question "Should I keep using this strategy?"

Accessing Strategy Analytics

Navigate to Strategy in the sidebar. Your strategies are listed with summary cards showing key metrics at a glance. Click on any strategy to see its full analytics breakdown. You can also access a comparison view that puts all strategies side by side.

Key Metrics per Strategy

For each strategy, TraderNest calculates:

1. Total Trades — How many trades you have tagged with this strategy.
2. Win Rate — Percentage of trades that closed in profit. Compare this across strategies to see which ones produce more winners.
3. Profit Factor — Gross profit divided by gross loss. A profit factor above 1.5 is solid; above 2.0 is excellent. If a strategy's profit factor is below 1.0, it is losing money overall.
4. Average R:R — The average risk-to-reward ratio. Tells you how much you win on winners vs. how much you lose on losers for this specific strategy.
5. Total P&L — Net profit or loss from all trades tagged with this strategy.
6. Average Trade Duration — How long trades typically last. Useful for understanding whether a strategy suits your schedule and style.
7. Max Drawdown — The largest peak-to-trough decline within this strategy's equity curve. A low max drawdown relative to total P&L indicates a robust strategy.
8. Expectancy — The average profit per trade. A positive expectancy means that over a large number of trades, the strategy makes money. A negative expectancy means it loses money regardless of short-term win streaks.

Comparing Strategies

The strategy comparison view is where this feature really shines. You can see all your strategies side by side with their metrics in a table format. This makes it immediately obvious:

1. Which strategy is most profitable — Sorted by total P&L or profit factor.
2. Which strategy has the best risk profile — Lowest max drawdown relative to gains.
3. Which strategy you should stop using — Any strategy with a profit factor below 1.0 over 30+ trades is consistently losing money and should be retired or redesigned.
4. Which strategy needs refinement — A strategy with a profit factor between 1.0 and 1.3 is marginally profitable and might become solidly profitable with rule adjustments.

Equity Curve per Strategy

Each strategy has its own equity curve — a line chart showing cumulative P&L over time for just that strategy. This is separate from your overall cumulative P&L chart on the dashboard. Viewing individual strategy equity curves helps you:

1. Identify whether a strategy's profitability is consistent or driven by a few outlier trades.
2. See if a strategy has stopped working over time (declining equity curve in recent months).
3. Determine if a strategy works better in certain market conditions (trending vs. ranging).

Making Actionable Decisions

Availability

Strategy Analytics requires the Starter plan or higher. You need at least one strategy with tagged trades for analytics to populate.