As part of my daily routine of scanning my holdings and strategies, I find TradeStation’s ‘Strategy Equity’ indicator on my charts to be really useful.
Additionally, I’m a big believer in calculating a Figure of Merit (FoM) for my strategies. So I’ve always thought — why isn’t there a chart indicator or label for Profit Factor and Percent Profitable (two fields that I use in my personal FoM calculation)? Yes, I can separately load the performance report for each and every chart and look through rows of data to review those items. But . . .
The Question — could some type of ‘strategy profile’ indicator be developed that showed these most important items visibly on the chart?
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