Real-time comparison between your backtest results and live trading performance, all in one comprehensive dashboard.
We're excited to announce the launch of Strategy Analysis, a powerful new module that addresses one of the most critical challenges in algorithmic trading: the gap between backtest expectations and live market performance.
The Problem
Every algorithmic trader has experienced it — a backtest shows promising returns, but when deployed on a live account, the results tell a different story. Market slippage, broker differences, and changing market conditions can significantly impact performance, yet most traders lack the tools to systematically monitor these deviations.
The Solution
Strategy Analysis provides a comprehensive comparison framework that overlays your historical backtest data with real-time live trading results. This allows you to identify performance drift early and make informed decisions about your trading strategies.
Key Features
Unified Performance Visualization
- Equity curves from backtest and forward testing displayed on a single chart
- Configurable time ranges with drawdown and stagnation period indicators
- Clear visual distinction between historical and live performance
Intelligent Alert System
- Automatic notifications when win rate drops significantly below backtest levels
- Profit Factor degradation warnings
- Drawdown breach alerts when live performance exceeds backtest maximum drawdown
Comprehensive Metrics Comparison
- Side-by-side comparison of all key performance indicators
- Return metrics, win rates, profit factors, drawdown analysis
- Risk-adjusted metrics including Calmar Ratio and Recovery Factor
- Monthly and annual performance breakdowns
Detailed Analysis Tools
- Performance breakdown by trading symbol
- Strategy analysis by comment tags (for multi-strategy EAs)
- Complete trade history combining backtest and live trades
- Open positions and pending orders monitoring
Flexible Configuration
- Support for single Expert Advisors or complete trading portfolios
- Magic number filtering for multi-EA accounts
- Deposit size multipliers to normalize comparisons
- Real-time strategy settings adjustments
Getting Started
To create your first strategy analysis:
- Navigate to the Strategies section in your FX Monitor dashboard
- Click + New Strategy
- Select your data source (Single Backtest or Portfolio)
- Connect your live trading account
- Configure Magic Numbers and multipliers as needed
Your strategy dashboard will immediately begin tracking the comparison between your backtest expectations and live trading reality.
Strategy Analysis represents our continued commitment to providing algorithmic traders with the advanced analytics tools necessary for successful automated trading. This feature is now available to all Extended plan users.
