FAQs
Trading analytics questions.
Need more detail? Visit the help centre.
Is TraderWaves trading analytics free?
Yes. The Free plan includes unlimited custom boards, the profit calendar, core metrics such as win rate, profit factor, expectancy and Sharpe ratio, filters, custom date ranges, three insight reveals a week and up to three connected accounts. It is free forever, not a trial.
What are insight reveals?
Insight widgets answer specific questions, such as your most profitable hour, weekday or hold time. Free users get three reveals each week, and each reveal opens one insight on your own trades for 24 hours. Pro makes every insight available all the time.
How accurate is the equity curve?
On Pro, TraderWaves rebuilds equity from one-minute market data for MT5, cTrader and Match-Trader accounts, so drawdown while trades are open is included, not just closed-trade balance. It is a reconstruction from your trades and price data rather than a copy of your broker’s live feed. Manual accounts and combined portfolios show balance only.
What is the difference between balance drawdown and equity drawdown?
Balance drawdown only changes when trades close. Equity drawdown also counts the floating loss on open trades, so it shows how deep your account really went. Free shows maximum balance drawdown; Pro adds maximum equity drawdown.
Can I see floating P&L in real time?
Yes, on Pro with account monitoring for MT5, cTrader and Match-Trader accounts. The Balance widget then shows live floating P&L and equity for your open positions. Other platforms update when their trades are imported.
Which trading metrics does TraderWaves calculate?
Free includes net P&L and gain, win rate, profit factor, expectancy, Sharpe ratio, standard deviation, average win and loss, average trade duration, maximum balance drawdown, commissions and swap. Pro adds maximum equity drawdown, MAE and MFE, time in drawdown, rolling metrics and WaveScore.
Can I build my own analytics dashboard?
Yes. Create as many custom boards as you like on Free or Pro. Start from a template or a blank canvas, drag and resize widgets and save filters with each board. Pro widgets need a Pro plan or an insight reveal to show their data.
Can I analyse several trading accounts together?
Yes, with Pro. Portfolios combine eligible accounts into one view in Analytics. Equity history stays per account.
Can Wave AI analyse my trading data?
Yes. Wave AI is part of Pro. Ask about your performance in your own words and it can read your trades, performance summaries, balance and equity history and journal notes to answer.