What is a Trading History Report (Statement)?
The trading report shows the activity of the trading account. It contains detailed information about the realized and floating profit and loss, commissions, swaps, deposit/withdrawals, balance and credit, margin and free margin, as well as each individual trade details.
Understanding trading statements and history is beneficial for those who trade different trading instruments and want to see how each of them performs. Another great use of it is testing new strategies on the MT4/5 and seeing their merits and flaws.
The report is divided into several blocks:
Header
The header contains:
- The name of a brokerage company;
- Account number;
- The name of the account owner;
- Deposit currency;
- Report generation date.
Orders
This block contains all orders from the account history in the form of a table. The table features all the information fields available for orders in the “Order” tab of the MetaTrader:
- Open Time – the time of position opening;
- Order – number of a trading position;
- Symbol – a traded instrument;
- Type – trade type (sell, buy, s/l, t/p, modify, close at stop, etc.);
- Volume – the amount of lots traded;
- Price – the open price of a trading position;
- S/L – the value of Stop Loss;
- T/P – the value of Take Profit;
- Close Time – the time of position closing;
- Price – the price of position closing;
- Commission – commissions charged by the brokerage company at performing the trade operation;
- Taxes (fee) – taxes charged at performing trade operations;
- Swap – swaps charged;
- Profit – the financial result of the transaction.
Deals
All the trades for the requested period are displayed here. The table features all the information fields available for trades in the “Deal” tab. An additional parameter is shown at the bottom of the block:
- Recorder profit/loss (Closed P/L) — the total profit or loss of all trades.
Positions
This block shows all the open positions on the account. The table features all the information fields available for positions in the "Trade" tab. An additional parameter is displayed at the bottom of the positions block:
- Floating profit/loss (Floating P/L) — the current profit/loss of all open positions.
Working Orders
The block features all active orders (pending orders and yet unfilled market orders). The table features all the information fields available for positions in the "Trade" tab.
Summary
Summary values of the account are shown here:
- Deposit/Withdrawal — information about deposits to and withdrawals from the account;
- Credit Facility — information about credit funds on the account;
- Closed Trade P/L — total profit/loss of all closed trades;
- Floating P/L — the current profit/loss of all open positions;
- Balance — the balance of the account not including results of currently open positions;
- Equity — the account equity including results of currently open positions;
- Margin — the amount of funds required to maintain open positions;
- Free Margin — account's free margin amount;
- Margin Level – the ratio of equity to margin expressed as a percentage.
Details
The upper part of this block shows the chart of the account balance by month. Account statistics are displayed next:
- Gross Profit — the sum of all profitable trades in terms of money;
- Gross Loss — the sum of all losing trades in terms of money;
- Total Net profit — the financial result of all trades;
- Profit Factor — the ratio of gross profit and gross loss in percent. 1 means that these parameters are equal;
- Expected Payoff — this is a statistically calculated value showing the average return of one deal. Also, it is considered to display the expected return of the next trade;
- Balance Drawdown Absolute — the difference between the initial deposit and the minimal level below the initial deposit throughout the whole history of the account. AbsoluteDrawDown = InitialDeposit - MinimalBalance;
- Balance Drawdown Maximal — the difference in deposit currency between the highest local balance value and the lowest account balance value. The maximal drawdown value in percentage is given in brackets. MaximumDrawDown = Max(Local High - Next Local Low);
- Balance Drawdown Relative — the difference in percentage terms between the highest local balance value and the next lowest account balance value. The maximal drawdown value in monetary terms is given in brackets. RelativeDrawdown = Max[(Local High - Next Local Low)/Local High * 100)];
- Total trades — the total amount of executed trades (the trades that resulted in a profit or loss);
- Short Trades (won %) — number of trades that resulted in profit obtained from selling a financial instrument, and percentage of profitable short trades;
- Long Trades (won %) — number of trades that resulted in profit obtained from purchasing a financial instrument, and percentage of profitable long trades;
- Profit Trades (% of total) — the amount of profitable trades and their percentage in the total trades;
- Loss trades (% of total) — the amount of losing trades and their percentage in the total trades;
- Largest profit trade — the largest profit of all profitable trades;
- Largest loss trade — the largest loss of all loss-making trades;
- Average profit trade — the average profit value per trade (the total of profits divided by the number of winning trades);
- Average loss trade — the average loss value per trade (the total of losses divided by the number of losing trades);
- Maximum consecutive wins ($) — the longest series of winning trades and their total profit;
- Maximum consecutive losses ($) — the longest series of losing trades and their total loss;
- Maximal consecutive profit (count) — the maximum profit of a series of profitable trades and the amount of profitable trades in this series;
- Maximal consecutive loss (count) — the maximum loss of a series of losing trades and the amount of losing trades in this series;
- Average consecutive wins — the average number of winning trades in profitable series;
- Average consecutive losses — the average number of losing trades in a losing series.