Performance Analysis
This page explains how to review EA activity and backtest results without treating short-term performance as proof.
The goal is objective review: what happened, whether the setup was correct, and whether further testing is needed.
What To Review
Review:
- Trade count
- Net profit or loss
- Drawdown
- Average trade
- Win rate
- Average win and average loss
- Profit factor
- Consecutive losses
- Experts and Journal errors
No single metric is enough.
Weekly Review
Use a weekly review to check operation, not to chase results.
Ask:
- Did the EA run during the intended sessions?
- Were there any errors?
- Were trades on the intended symbol and timeframe?
- Did lot size match the selected risk method?
- Was spread normal?
- Were there enough trades to draw any conclusion?
Monthly Review
Use monthly review for broader context.
Record:
Month:
EA version:
Broker:
Symbol:
Timeframe:
Preset:
Trade count:
Net result:
Max drawdown:
Largest loss:
Largest win:
Notes:
Next action:
Common Interpretation Mistakes
Avoid:
- Judging the EA after only a few trades.
- Looking only at profit or loss.
- Ignoring drawdown.
- Ignoring spread and commission.
- Increasing risk after a winning period.
- Changing settings after every losing trade.
- Treating backtest output as a live forecast.
When To Pause
Pause and review if:
- Drawdown exceeds your planned limit.
- Lot size is unexpected.
- Orders are rejected repeatedly.
- The EA trades the wrong symbol.
- Stop loss or take profit is missing unexpectedly.
- You cannot explain recent EA behavior.