Trading Signal
A trade signal is a recommendation or indication to buy or sell a particular asset (such as stocks) based on predefined criteria or analysis.
Key Elements:
- Symbol: Represents the symbol of the stock being traded.
- Strategy: Indicates the trading strategy used to generate the trade signal.
- Profit/Loss: The percentage gain or loss from using that strategy.
- Entry:
- "Entry" – The strategy is currently in a position.
- "None" – No active entry at the moment.
- Position: The number of shares currently held.
- Last Entry Date: The most recent date when the strategy opened a trade.
- Last Exit Date: The most recent date when the strategy closed a trade.
Example: Trade Signal for NLO Symbol
Strategy:
- BBreakout – A breakout strategy that buys when the stock breaks above a certain resistance level.
Bar Interval:
- Day – Each data point represents a full day of trading. The strategy is evaluated on a daily time frame.
Bar Count Interval:
- Day – The strategy executes or evaluates trades once per day.
LTP (Last Traded Price):
- 276.9 – The most recent price of NLO on the market.
Total Traded Position:
- 9 – The number of positions taken using the BBreakout strategy.
Performance Metrics:
- Total Return: 1.21% – The overall return generated by the BBreakout strategy across all positions.
- Net Profit: 56.60 – The total profit/loss from all trades made by this strategy.
- Winning Position Ratio: 40% – The percentage of winning trades out of the total trades.
- Losing Position Ratio: 40% – The percentage of losing trades.
- Reward-Risk Ratio: 4.8 – The strategy’s reward is 4.8 times the maximum drawdown, indicating a favorable risk-reward optimization.
- Maximum Drawdown: 25.4% – The largest peak-to-trough loss before recovery.
Trade Amounts:
- Total Buy Amount & Total Sell Amount: 0.00 – Values might not be updated or indicate no active trades at the moment.
- Profit or Loss: 0.00 – Could mean the trade hasn’t been closed yet or the system hasn't computed the overall profit/loss.
