Trade Management

The Trade Management graph analyzes the trade management approach and shows its effectiveness.

The blue graph shows Actual Performance in terms of R-Multiple. 

The green graph shows the Potential Performance the trader may have realized with a passive set-and-forget approach. 

The set-and-forget approach is a fully passive trade management approach where the trader does not interfere with the trade in any way after the trade has been entered. The trader enters the trade, places his stop loss and take profit target order, and then lets the price run its course until either the stop loss or the take profit gets hit. 

Interpretation

When the green (potential performance) line is higher than the blue (actual performance) line, it means that the trader may have mismanaged their trades. A passive approach may have provided a better return in terms of R-Multiple compared to the actual realized performance. 

Causes for the green line to rise above the blue line are cutting losses too late or exiting potentially winning trades too soon.

Requirements

For the Trade Management to work properly, a trader must enter the stop loss and take profit values for each trade. Furthermore, a trade must tick the "OTP checkbox for all trades.

Only then will the Trade Management graph be able to accurately analyze trade management effectiveness.