TraderSync empowers you to constantly improve your trading strategies. Our innovative Evaluator feature takes your analysis a step further by enabling you to compare the performance of different trading ranges on a visual graph.
What is the Evaluator?
The Evaluator allows you to “stack” multiple data ranges and visually analyze how each one performs over time. This comparison helps you identify which setups, mistakes, volume ranges, or even trade quantities yield the best results.
Unlocking Insights with Range Comparison
Imagine wanting to compare the performance of two of your favorite setups: “Morning Breakout” and “Bullish Flag” With the Evaluator, you can:
- Select Your Ranges: Simply choose the “Morning Breakout” and “Bullish Flag” setups.
- Visualize Performance: The Evaluator generates a graph showcasing the P&L or equity curve for each setup over time.
Benefits of Range Comparison
- Identify Winning Strategies: See which setups, mistakes, volume ranges, or trade quantities consistently produce the best results.
- Refine Strategies: Gain insights into underperforming ranges and tweak your approach to improve them.
- Data-Driven Decisions: Back your trading decisions with visual evidence of historical performance.
The Power of Ranging Beyond Setups
The Evaluator isn’t limited to setups. Here’s the versatility it offers:
- Compare Mistakes: Analyze which mistakes cost you the most and adjust your trading behavior accordingly.
- Volume and Quantity Analysis: Identify volume or quantity ranges with superior performance and tailor your position sizing strategies.
- Time-Based Performance: Compare performance across entry price ranges, days of the week, or months of the year to uncover seasonal trends.
The Evaluator empowers you to become a data-driven trader by comparing the performance of various trading ranges. Start using it today to refine your strategies and unlock your full trading potential.