Glossary
The glossary explains the trade, execution, risk, performance, and journal terms used throughout Trading Vault. Use it when you want to understand how a metric is calculated or what a field means in the app.
Allocation
A link between a close execution and the open execution it closes. Allocations let Trading Vault calculate scale-ins, scale-outs, remaining quantity, net movement, reward:risk, and profit across multiple executions.
Available Trade Range
The full price range available during a trade, measured from Maximum Adverse Price to Maximum Favourable Price.
Available Trade Range = Maximum Favourable Price - Maximum Adverse Price
Break-Even Trade
A trade where the result is neither a profit nor a loss after recorded costs.
Broker Fill ID
The broker's identifier for a specific fill or execution row. Trading Vault can use fill IDs to detect duplicate broker rows during import.
Broker Order ID
The broker's identifier for an order. One order may create one fill or several fills, depending on how the broker executed it.
Broker Position ID
The broker's identifier for the overall position or trade. Trading Vault uses position IDs to group related entries, scale-ins, scale-outs, and closes during import. Position IDs are usually imported automatically, but they can be entered or corrected manually when older data needs help matching future broker rows.
Close Date
The date and time of the final close execution on a trade.
Close Execution
An execution that reduces or closes trade exposure. For a long trade, close executions are sells. For a short trade, close executions are buys.
Close Price
The price of a close execution. For trade-level rollups, Trading Vault can use a weighted close price across multiple close executions.
Commission
A broker commission charged for executing a trade.
Dividend
A dividend adjustment recorded on an execution.
Drawdown
The reduction from a previous peak to a later low.
Drawdown percentage = (Peak account value - Lowest account value) / Peak account value * 100
End Trade Drawdown
The largest drawdown experienced during a single trade.
Entry Efficiency
A metric that measures how well the trade entered relative to the available price range and risk context. Higher entry efficiency means the entry captured more favorable positioning within the trade's range.
Execution
One filled market action recorded on a trade. Executions can be manual or imported from a broker and can include side, date, quantity, price, stop, target, costs, broker identifiers, MAP, and MFP.
Exit Efficiency
A metric that measures how well the trade exited relative to the available price range. Higher exit efficiency means the exit captured more of the favorable move.
Fee
An additional broker cost recorded separately from commission, roll, or dividends.
Financial Risk
The amount of account currency exposed if the trade reaches the recorded stop.
Gain to Pain Ratio
A risk-adjusted performance metric comparing gains to losses.
Gain to Pain Ratio = Total gains / Total losses
Gross Profit
Profit or loss before deducting recorded costs such as commissions, fees, roll, and dividends.
Import Execution Row
A row read from a broker file, auto-sync report, or custom CSV before or after it is matched to a Trading Vault trade execution.
Lot Size
The standardized amount of a market traded in one lot.
Maximum Adverse Excursion (MAE)
The largest unfavorable movement experienced during a trade.
Maximum Adverse Price (MAP)
The least favorable price reached during the trade. For a long trade, this is the lowest price reached. For a short trade, this is the highest price reached.
Maximum Favourable Excursion (MFE)
The largest favorable movement experienced during a trade.
Maximum Favourable Price (MFP)
The most favorable price reached during the trade. For a long trade, this is the highest price reached. For a short trade, this is the lowest price reached.
Movement
The distance price moved, displayed in the unit that matches the instrument, such as pips, ticks, or points.
Net Movement
The trade's result measured in movement units after entries and exits are allocated.
Net Profit
Profit or loss after recorded costs.
Net Profit = Gross Profit + Commissions + Fees + Roll + Dividends
Costs are commonly recorded as negative values.
Open Date
The date and time of the first open execution on a trade.
Open Execution
An execution that creates or adds trade exposure. For a long trade, open executions are buys. For a short trade, open executions are sells.
Open Price
The price of an open execution. For trade-level rollups, Trading Vault can use a weighted open price across multiple open executions.
Pip
A common price movement unit, especially for forex markets. Trading Vault can also display movement in ticks or points depending on the instrument.
Pipette
One tenth of a pip. Some forex prices include pipettes for more precise pricing.
Planned Trade
A trade idea recorded before an execution has occurred. Planned trades use a planned date and can later receive manual or broker-imported executions.
Profit Factor Ratio
A performance metric comparing winning trade profit to losing trade loss.
Profit Factor Ratio = Total profit from winning trades / Total loss from losing trades
Profit Percentage
Net profit as a percentage of the account balance used for the trade.
Profit Percentage = Net Profit / Account balance at entry * 100
Remaining Quantity
The quantity still open after close executions and allocations are applied.
Return Over Maximum Drawdown (RoMaD)
A performance metric comparing total return to maximum drawdown.
RoMaD = Total Return / Maximum Drawdown
Reward-to-Risk Ratio
The result of a trade or target compared with the amount risked.
Target R:R = (Target Price - Entry Price) / (Entry Price - Stop Price)
The direction of the trade determines which side of entry is favorable or unfavorable.
Risk Percentage
The percentage of account balance at risk on a trade.
Risk Percentage = Financial Risk / Account balance * 100
Roll
An overnight financing adjustment recorded on an execution.
Scale-In
Adding exposure to an existing trade with another open execution.
Scale-Out
Reducing exposure on an existing trade with a partial close execution.
Side
The execution action: buy or sell. Trading Vault combines execution side with trade direction to determine whether the execution opens or closes exposure.
Stop Price
The price level used to define risk or exit if the trade moves against the plan.
Strategy
A defined trading approach assigned to trades for filtering, review, and performance comparison.
Strike Rate
The percentage of trades that are profitable.
Strike Rate = Winning trades / Total trades * 100
Symbol
The market identifier for an instrument, such as a forex pair, stock ticker, index, commodity, or crypto asset.
Target Price
The planned favorable price level for a trade or execution.
Target Reward-to-Risk Ratio
The target profit compared with the planned risk.
Time Period
The selected date range or grouping used for charts, stats, and comparisons.
Total Efficiency
A metric that evaluates the trade result relative to the available trade range.
Total Efficiency = Net Movement / Available Trade Range * 100
Trade Account
The account assigned to a trade. Accounts help separate broker accounts, backtesting accounts, paper trading, missed trades, and different currencies.
Trade Direction
Long or short. A long trade benefits from rising prices. A short trade benefits from falling prices.
Trade Rollup
The trade-level summary calculated from executions, allocations, risk levels, costs, account data, and review data. Rollups power the trade list, table, stats, exports, and dashboard widgets.
Trade Snapshots
Images or links saved to a trade so you can review chart context later.
Trade Status
The current state of a trade, such as planned, executed, closed, or another status shown in the app.
Updraw
The increase from a previous low to a later peak.