Creating an Equity Curve
You may say… “Well, my broker can give me an equity curve on my statement of trades.” But that equity curve is the result of all your combined trades shown together on one chart. In that way, you lack the ability to analyze how any one particular strategy is doing for you, or one particular currency pair or time of day, etc.
Unlike your broker’s equity curve, the Trade Log lets you isolate any one strategy or parameter to track in your graph. You gain control over what you are seeing.
Equity curves may be created from several places within the Log: The Analysis, Accounts, Summary or Progress Trackers tabs. In all cases you’ll look for the little icon with the red, green and blue columns.
What you see as the title at the top of your equity chart depends entirely upon which tab you are looking at when you click the chart button to generate the graph, as does the contents of the curve of course too. (see below for more information on this)
From the Accounts tab, click edit equity, then the chart icon.
From the Summary tab, click the chart icon next to any summary band. The chart will cover that time period of the band.
From the Progress Tracker tab, click the chart icon near the top of the page.
From the Analysis tab, click the chart icon next to the chosen preset report.
If you are looking at the Accounts tab and click Edit Equity for a particular account, and then generate a chart, your chart window will show you the account name and number for the date range you specified in the edit equity window.
If you are looking at the Summary tab and then generate a chart, then your chart window will show you the account name or group name for the date range you specified in the band of the summary window. It will not show you the account number, because on the Summary tab you can create groups of accounts, so any chart may actually contain several accounts. Because adding the account number(s) would get confusing in this case, account numbers were dropped in all cases for charts from this tab.
The charts generated from the Progress Tracker tab are like the Summary tab charts.
If you are looking at the Analysis tab and then generate a chart then your chart window will show you exactly the name of the preset you were looking at when you clicked the graph icon, whether it was a standard preset such as Last Import or This Year, or a custom preset you created for yourself. Of course, you can easily create a custom preset named with the broker and account number, and then any other specifics you like for filters, such as a particular strategy, entry trigger, currency or date range, etc.
Once you have a chart open, you can go back and forth to the other charts you just created by clicking the menu bar at the top of the chart. Notice how the menu items at the top correspond to the page tabs: Summary | Analysis | Accounts | Tracker. Each chart recently generated on each respective Trade Log tab is shown in a list under that tab’s name. In other words, all the charts you created while on the Summary tab are shown under Summary. If a menu name is dimmed out, it means you did not create any charts from that tab.