MAE / MFE
You find the MAE and MFE when you go to the Trade Analytics. Scroll to the right and you see the two columns.
Those two metrics measure how far the price went against you and how far the price went in your favor.
For example, if you entered a long (buy) trade at $100 and the price went down to $98 before reversing, this trade had an MAE of $2.
The MFE does the opposite and it tells you how much the price went in your favor during the trade duration.
For Futures traders:
If your MAE and MFE seem off, we recommend adding the ordering criteria "Instrument" in the Trade Analytics. That way, you can analyze the MAE and MFE separately for different instruments.
Secondly, if you only trade futures that have 2 decimals, go to Settings > Journal, and under Markets, select "Stocks (2 decimals)" and no other selection. This will further correct the MAE and MFE.
The MAE and MFE will only work properly in your journal when all trades have a highest and lowest price value.
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