Automated Performance Tracking
MagicTradeBot automatically generates comprehensive performance reports every few hours by analyzing all completed orders. These reports provide critical insights into your trading performance and help you make data-driven decisions to optimize your strategies.
Signal-Based Performance Analysis
Reports are intelligently grouped by individual signals, allowing you to:
- Evaluate Each Signal Independently — See exactly how each signal performs in real market conditions.
- Compare Signal Effectiveness — Identify which signals generate the best results and which need adjustment.
- Fine-Tune Parameters — Use performance data to optimize signal configurations for better win rates.
- Make Informed Decisions — Determine which signals to keep, modify, or disable based on actual performance metrics.
Key Benefits for Strategy Optimization
The reporting system is designed specifically to help you improve your trading configuration:
- Identify Winning Patterns — Discover which signal parameters consistently produce profitable trades.
- Spot Weaknesses Early — Quickly identify underperforming signals before they impact your overall profitability.
- Data-Driven Adjustments — Make configuration changes based on real performance data rather than guesswork.
- Continuous Improvement — Regular reports enable iterative refinement of your trading strategies.
- Risk Management — Monitor drawdowns and adjust position sizing or stop-loss parameters accordingly.
Comprehensive Metrics
Each report includes detailed performance metrics:
Report Format & Storage
Reports are automatically generated in easy-to-read text format and saved under the /reports directory:
- Organized Structure — Reports are timestamped and organized chronologically.
- Easy Access — Simple text format allows quick review and parsing.
- Historical Archive — All reports are retained for long-term performance analysis.
- Portable Format — Text files can be easily shared, backed up, or processed by external tools.
- Low Storage Overhead — Compact format ensures minimal disk space usage even with extensive historical data.
/reports/YYYYMMDD_HHMMSS_report.txt
# Example contents:
# Timestamp: 2025-11-21T09:00:00+05:00
# Signal: RSI_BREAKOUT
# Total Trades: 124
# Wins: 78
# Losses: 46
# Win Rate: 62.9%
# PNL: +12.34
Automated Generation Schedule
The bot checks completed orders and generates reports automatically every few hours, ensuring you always have up-to-date performance insights without manual intervention. This regular cadence helps you:
- Catch performance issues quickly
- Track intraday performance variations
- Respond promptly to changing market conditions
- Maintain consistent oversight of your trading operations