How setups are ranked
Each setup tag appears as a row in the table. The columns give you four angles on performance:
The Setup × R-multiple view plots each setup on a scatter chart with win rate on one axis and average R on the other. Setups in the upper-right quadrant — high win rate, positive average R — are your consistent earners. Setups in the lower-left are noise at best, and capital destruction at worst.
Reading the results
- High win rate + positive avg R: This is an A-setup. Increase your focus and position sizing within your risk rules.
- High win rate + negative avg R: You’re winning often but your losses are larger than your wins. The setup needs tighter stops or a better exit strategy.
- Low win rate + high avg R: A few big winners carry it. This can be a valid strategy, but it requires strong discipline on the small losers.
- Low win rate + negative avg R: Cut this setup from active trading until you can identify what’s broken.
Getting meaningful data
Setup Performance is only as useful as the tags you put in. A few practices make a significant difference:- Tag every trade — a trade without a setup tag does not appear in this view and is invisible to the analysis.
- Be consistent — “ORB”, “orb”, and “Opening Range Breakout” are treated as three separate setups. Standardize your tag vocabulary from the start.
- Treat fewer than 10 trades as preliminary — small samples produce noisy statistics. A setup with 4 trades and a 100% win rate tells you almost nothing.
- Look for setups where both win rate and average R are positive — either metric alone can be misleading. The combination is what matters.