Trade Journal and Performance Analytics Dashboard MT4/MT5

Related: Quantora Trading Journal Panel MT5 - Professional Daily Trading Performance Analyzer - another powerful indicator for MetaTrader 5 traders.

Trade Analytics Dashboard

Also recommended: MT5 Trade Report Table: Comprehensive Account Statistics - similar indicator with strong performance on MetaTrader 5.

The Concept

This tool is built on a straightforward principle: your trading account already contains an accurate performance report; you simply need to access and interpret it. Instead of exporting your trading history to a separate spreadsheet, this indicator directly queries the terminal's closed deal history using HistorySelect() and HistoryDealGetTicket(). It then aggregates this data and displays the results in a compact panel rendered directly on your chart using the CCanvas class. The indicator does not analyze price action, nor does it place, modify, or close any orders. Its sole function is to read your previously executed deals, thus requiring no AutoTrading permissions.

Interpreting the Panel

Each metric presented on the panel provides specific insights into your trading performance over a user-defined lookback period:

Trades (Nd)
- This shows the number of closed trades within the specified lookback window. Please note that performance metrics based on a small number of trades (typically under 30) should be considered preliminary rather than definitive.

Win Rate
- This represents the percentage of closed trades that resulted in a profit or break-even, including commission and swap fees. A win rate alone does not guarantee profitability; a system with a 30% win rate can still be highly profitable if winning trades are significantly larger than losing ones.

Profit Factor
- Calculated as gross profit divided by gross loss. A profit factor above 1.0 indicates that winning trades outweigh losing trades within the window. A factor below 1.0 signifies the opposite, regardless of the win rate.

Net P/L
- The net profit or loss after accounting for commissions and swaps. This value is color-coded for immediate visual identification of losing periods.

Win Streak / Loss Streak
- This indicates the number of consecutive trades that closed with a win or a loss, counting back from the most recent trade. This metric is useful for identifying deviations from a system's typical performance patterns.

Best Symbol / Worst Symbol
- Identifies the trading instrument that contributed the most profit and the least profit (or greatest loss) to the net result within the lookback window. This helps uncover symbols that may be disproportionately affecting overall account performance.

Equity Curve
- A visual representation of the cumulative net P/L over the lookback window, displayed as a simple line graph to easily discern trends without needing to read specific values.

It is important to understand that none of these metrics serve as direct trading signals. The primary purpose of this panel is to provide an honest and objective assessment of your trading activity: Is your strategy performing as expected, or is it merely perceived to be doing so?

External Variables (Inputs)

All configurable options are organized within the Inputs tab under the categories Panel, Data Scope, and Colors. These settings can be adjusted per chart without needing to modify the source code:

Input

Default

Purpose

InpCorner

Left Upper

Determines the chart corner where the panel will be anchored.

InpOffsetX / InpOffsetY

12 / 18

Specifies the pixel offset of the panel from the chosen corner.

InpPanelWidth / InpPanelHeight

300 / 250

Sets the dimensions of the panel in pixels.

InpRefreshSecs

5

Defines how frequently the panel re-reads historical data and updates its display, independent of new price ticks.

InpHistoryDays

90

Specifies the number of past days of closed deal history to include in the performance statistics.

InpAllSymbols

true

If set to true, the panel aggregates performance data for all symbols traded on the account. If set to false, it restricts the analysis to the symbol of the current chart only.

InpBackColor

dark navy

Sets the background color of the panel.

InpBorderColor

amber

Sets the color of the panel border.

InpTextColor

off-white

Defines the color for primary labels and values displayed on the panel.

InpAccentColor

amber

Sets the color for the panel's title text.

InpProfitColor

blue

The color used to indicate positive net results, winning streaks, and an upward-trending equity curve.

InpLossColor

red

The color used to indicate negative net results, losing streaks, and a downward-trending equity curve.

Recommended Usage

As an indicator rather than an Expert Advisor, this tool is not linked to a specific symbol or timeframe. You can apply it to any chart, and it will analyze your account's overall trading history. If you manage multiple symbols within a single account, setting InpAllSymbols to true provides a comprehensive overview. Alternatively, setting it to false on a specific chart allows for a focused performance evaluation of that particular instrument.

Figure 1. The panel as it appears on a chart, displaying trade count, win rate, profit factor, net P/L, current streak, best/worst symbol, and an equity curve sparkline. Rendered in neutral colors for clarity, as per standard guidelines.

You may also like: Session High-Low Indicator for MetaTrader - excellent alternative for indicator users on MetaTrader 5.

#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version   "1.00"
#property strict
#property indicator_chart_window
#property indicator_buffers 0
#property indicator_plots   0
#include <Canvas\Canvas.mqh>
input group "=== Panel ==="
input ENUM_BASE_CORNER InpCorner        = CORNER_LEFT_UPPER;

.......

• This tool is provided for educational and testing purposes only.
• Past performance does not guarantee future results.
• Trading involves substantial risk of loss. Use on a demo account first.
• Results may vary depending on market conditions, broker, and settings.
• We recommend thorough backtesting and forward testing before using with real funds.