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Documentation Index

Fetch the complete documentation index at: https://docs.nexttick.app/llms.txt

Use this file to discover all available pages before exploring further.

Setup Performance takes every trade in your log, groups them by their setup tag, and ranks each strategy against the others. Instead of reviewing trades one by one, you see your entire playbook — ORB, VWAP reclaim, breakout, or whatever tags you use — ordered by objective performance metrics.

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How setups are ranked

Each setup tag appears as a row in the table. The columns give you four angles on performance:
ColumnWhat it tells you
Total P&LCumulative realized profit and loss for all trades under this setup tag
Win RatePercentage of trades in this group that closed positive
Avg R-multipleAverage reward-to-risk ratio — how much you made relative to what you risked
Trade countNumber of trades logged under this setup tag
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.

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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.

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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.
Consistent setup tagging from day one compounds over time into a personalized playbook. Traders who tag every trade for 90 days end up with a ranked list that no indicator or screener can replicate — because it’s built entirely from their own execution history.