Wealthlab Question

M

m4a1

Does the Wealthlab performance reports break down trade efficiency between winning and losing trades?

Tradestation only gives you efficiency numbers for all trades.

Can someone who uses Wealthlab post a complete set of performance reports so I can compare it with Tradestation?

Thanks.
 
Code: 
	Long + Short	Long Only	Short Only	Buy & Hold	
Starting Capital	$50,000.00	$50,000.00	$50,000.00	$50,000.00
Ending Capital	$642,857.07	$642,857.07	$50,000.00	$625,214.43
Net Profit	$592,857.07	$592,857.07	$0.00	$575,214.43
Net Profit %	1,185.71%	1,185.71%	0.00%	1,150.43%
Annualized Gain %	66.75%	66.75%	0.00%	65.83%
Exposure	1.08%	1.08%	0.00%	13.63%
				
Number of Trades	231	231	0	11
Avg Profit/Loss	$2,566.48	$2,566.48	$0.00	$52,292.22
Avg Profit/Loss %	0.61%	0.61%	0.00%	36.95%
Avg Bars Held	2.16	2.16	0.00	1,258.00
				
Winning Trades	219	219	0	11
Winning %	94.81%	94.81%	N/A	100.00%
Gross Profit	$705,057.01	$705,057.01	$0.00	$575,214.43
Avg Profit	$3,219.44	$3,219.44	$0.00	$52,292.22
Avg Profit %	0.74%	0.74%	0.00%	36.95%
Avg Bars Held	1.78	1.78	0.00	1,258.00
Max Consecutive	48	48	0	N/A
				
Losing Trades	12	12	0	0
Losing %	5.19%	5.19%	N/A	0.00%
Gross Loss	$-112,199.94	$-112,199.94	$0.00	$0.00
Avg Loss	$-9,349.99	$-9,349.99	$0.00	$0.00
Avg Loss %	-1.82%	-1.82%	0.00%	0.00%
Avg Bars Held	9.08	9.08	0.00	0.00
Max Consecutive	2	2	0	N/A
				
Max Drawdown	$-33,376.08	$-33,376.08	$0.00	$-164,350.30
Max Drawdown %	-32.35%	-32.35%	0.00%	-110.23%
Max Drawdown Date	7/23/2002	7/23/2002	N/A	5/10/2004
				
Wealth-Lab Score	4,199.94	4,199.94	0.00	-49.42
Profit Factor	6.28	6.28	0.00	INF
Recovery Factor	17.76	17.76	N/A	3.50
Payoff Ratio	0.41	0.41	0.00	INF
Sharpe Ratio	1.47	1.47	0.00	0.89
Ulcer Index	2.61	2.61	0.00	28.24
Wealth-Lab Error Term	21.71	21.71	0.00	39.87
Wealth-Lab Reward Ratio	3.07	3.07	N/A	1.65
Luck Coefficient	12.74	12.74	0.00	2.28
Pessimistic Rate of Return	5.36	5.36	0.00	0.00
Equity Drop Ratio	0.13	0.13	0.00	0.00
 
thanks wayne. is this the only page that gives system stats? is there something that gives maximum adverse excursion, efficiency, etc.?
 
It has MAE, distribution, by period, etc, and you can add in a tool that analyzes more stuff. You can also program it to show whatever you want.



<img src ="http://www.wealth-lab.com/images/WLD3ss_3.gif"/>

<img src ="http://www.wealth-lab.com/images/RLprofit.gif"/>
 
thanks wayne. have you used both Wealthlab and Tradestation? i've only used Tradestation but i'm thinking of switching over.

one thing about Tradestation i don't like is the execute on next bar quirk. does Wealthlab have this quirk?
 
You must log in or register to reply here.
Back
Top