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How can I read my MFE and MAE report?

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Suspect you leave money on the table? The MFE/MAE report shows how far each trade ran for you and against you.

  1. Click Reports in the left bar.
  2. Expand Exit Stats and choose MFE/MAE.
  3. The top chart is MFE (maximum favorable excursion). Every dot is one trade: the further right it sits, the more the trade ran in your favor before it closed. Green dots are winners and red dots are losers.
  4. The bottom chart is MAE (maximum adverse excursion). It shows how far each trade went against you before it closed.
  5. Hover any dot to see that trade’s MFE or MAE, its P&L, and the averages for the whole set.

Winners that ran far past where they closed suggest holding longer; losers with a large MAE suggest tightening your stops.

Want the why, with a worked example? See What do MFE, MAE and efficiency actually measure on my trades? | TraderSync.

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