I’ve made some modifications to the screen layout this week, so this article is going to explain the active trade screen layout and a future article will explain the home screen layout.
Firstly note that the top and side bars are always present, it’s the content appearing to the right of the side bar that changes depending on which view you choose.
The list of coins on the left hand side is all the coins currently selected for trading, so this means that if any one of them meets the buy or sell criteria, then a buy or sell will be executed.
When a coin has an active trade, the tab is highlighted and when you click on that tab, it shows the charts for the trade in question.
There are 4 charts on the active trade screen, the first one PPO1 shows the current Percentage Price Oscillator (PPO) value and recent history for the PPO on a 1 minute time frame.
The PPO 15 is the same but for a 15 minute time scale
The MACD is a view of the Moving Average Convergence Divergence (MACD) indicator on a 1 minute time frame
The DCA is the Dollar Cost Average of the current trade. The orange line is the asset close price line, the blue line below is the estimated next buy price – so if the price falls to the blue line a further buy will be made. The green line is the estimated sell price, so if the price intersects that, then the asset will be sold.
The table above the DCA chart is the actual buy transactions of all the trades on the DCA chart.
Together this set of indicators is what decides if the system will buy or sell any asset and it monitors all of them for every asset it has selected for trading.
The values at the top of the screen are what I call the dashboard and give you a quick summary of the current system status.
This shows the total number of days since the first trade that the system made. If the system is stopped and started it will pick up from where it left off and this figure, as well as all the other figures on the dashboard will be maintained. The system can be reset by the Delete Logs menu item, which will reset everything to zero. Note that a backup of the log files is stored in the logs subfolder, so you can always go back and examine a past log if you need to.
The total profit is the total amount of profit that the system has made from trading activity during the time it has been online.
Total Profit Percent
This is the total profit expressed as a percentage of the total amount of USD you have in your account (including that which is in active trades). So if you have 6567.03 balance in USD and 902.60 in active trades your total USD balance is 6567.03 + 902.60 = 7469.63
If total profit is 253.14 then that is 253.14 / 7460.63 = 3.39
Current Day Profit
This is the total profit earned from trades that closed today. Most trades close same day, but some hang over from previous days.
Current Day Profit Percent
This is the current day’s profit expressed as a percentage of the total USD balance. Of course at the beginning of a day this is usually quite small and increases as the day wears on.
Average Day Profit
This is the total profit divided by the number of days the system has been online
The concept of DCA trading means that several trades are made to buy at 1% intervals as the price falls, which effectively reduces the price you need to sell at to make a profit. You can read the details of that in the strategy section. However of course it means that at any one moment, the system will have an amount of money invested in a number of assets. The drawdown is that value.
The Max Drawdown shows the highest total amount that has been invested in the markets at any one time. When the markets fall, the drawdown increases as it invests more to average those trades into profit. The Max shows the maximum amount that was used in the period online.
This is an estimated projection of the value of profit that the system will make in 365 days based on current performance. It is a simple calculation of Total Profit divided by number of days online, multiplied by 365. It’s an estimate and will change as the number of days online and profit grows.
Annualised Profit Percent
Since we have the annualised profit value, we can calculate that as a percentage of the USD balance and provide an estimation for the annual % return on investment.
Active Trades P&L
This shows us at a glance, how much we would gain or lose if we were to close out all our positions at the current rate rather than waiting for them to reach maturity.