Statment (Statement, trade report) in MT4
Statment (Statement) - This is the official detailed report on trading activity at market generated by the trading terminal.
How to make a Statment in MT4?
- go to the "Account History" tab;
- right-click to call the context menu;
- click "Save as an itemized report".
The statment will be available in the folder in which it was installed MetaTrader 4 terminal, in the file DetailedStatement.
Statment indicators
In addition to the trading history, the Statment includes the following indicators:
- Gross Profit - the total profit of positive trades;
- Gross Loss - the total loss of negative trades;
- Total Net Profit - the difference between the total profit and the total loss;
- Profit Factor - Profit Factor, which shows the ratio of Gross Profit to Gross Loss. The value of the Profit Factor from 2 to 5 is a sign of successful trading;
- Expected Payoff - mathematical expectation of profit;
- Absolute Drawdown - the so-called "drawdown", which shows how much the original balance has decreased;
- Maximal Drawdown - the maximum recorded loss, expressed in monetary units, relative to the opening balance;
- Total Trades - indicator that displays the number of closed transactions;
- Short Positions (won%) - the number of short trades made, in brackets - the percentage of profitable ones;
- Long Positions (won%) - the number of made long deals, in brackets - the percentage of profitable deals;
- Profit Trades (% of total) - the number and percentage of positive transactions;
- Loss Trades (% of total) - the number and percentage of negative transactions;
- Largest Profit Trade - trade with the maximum profit;
- Largest Loss Trade - trade with the maximum loss;
- Average Profit Trade - indicator that expresses the average profit on trades (Gross Profit\Profit Trades);
- Average Loss Trade - indicator expressing the average loss on transactions (Gross Loss\Loss Trades);
- Maximum Consecutive Wins ($) - the longest sequence of positive trades (the total profit of the sequence in brackets);
- Maximum Consecutive Losses ($) - the longest sequence of negative trades (the total loss of the sequence in brackets);
- Maximal Consecutive Profit (count) - maximal profit in the longest sequence of positive trades (the number of trades in the sequence is given in brackets);
- Maximal Consecutive Loss (count) - maximal loss in the longest sequence of negative trades (the number of trades in the sequence is given in brackets);
- Average Consecutive Wins - the average value of a series of positive trades;
- Average Consecutive Wins - the average value of a series of negative trades.