Journal Settings

On this page, you can customize your trading journal to suit your trading style. When you make changes to the settings, all trades and statistics will be recalculated according to the new settings.

Break even cut-offs

A trade with a Reward-to-Risk Ratio within this range will be categorized as a break even trade.

Strike rate calculation

You have the option to choose from three different methods for calculating your strike rate in Trading Vault. These methods are:

1. Exclude Break Even: This method only considers winning and losing trades and does not include any trades that ended at breakeven. The formula used is Winning Trades / (Winning Trades + Losing Trades).
2. Treat Break Even as a Loss: This method treats break-even trades as losses, and the formula used is Winning Trades / Total Trades (including Break Even trades).
3. Treat Break Even as a Win: This method treats break-even trades as wins, and the formula used is (Winning Trades + Break Even Trades) / Total Trades (including Break Even trades).

Reward:Risk calculation

You have the option to choose from three different methods for calculating your Reward-to-Risk Ratio in Trading Vault. These methods are:

1. Pips: Calculated as the net pips gained or lost divided by the pips at risk.
2. Profit: Calculated as the net profit or loss divided by the financial risk.
3. Profit with commissions included in Risk: Calculated as the net profit or loss divided by the sum of the financial risk and commissions paid.

Please note that the financial risk is the monetary amount that you have put at risk in the trade.

Time format

You have the option to choose between displaying time in either the AM/PM format or the 24-hour format.