One trade analysis
The indicator shows what opportunities you had (have) for the selected order. Using this tool allows to see what profit (loss) you could/can receive due to the tool showing the maximum value of profit (loss). It is also possible to see the productiveness of the SL and TP you set. If your trading strategy is based on orders with lifetimes greater than a second, then this tool is for you.
For example, you opened a buy order at the price of 1 and closed it at the price of 1.001. There occurs a natural desire to analyze this deal and to answer questions such as:
- In the interval between opening and closing the order, it could have been closed at a better price.
- If the SL had been lowered, would the price reach it or not.
- What percentage of the deals could have been moved to breakeven? (perhaps all your orders can be closed without losses)
- How to set SL more efficiently?
And other questions. Answers to these questions are easier to get if you have a user-friendly tool to display all the possibilities for working with your orders.
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