Lesson 11. Monitoring & Analytics — What to Watch After Launch
Know your key metrics (PF, Max DD, Expectancy, Win rate, Avg trade, volatility, monthly stability), spot degradation early, export reports, and set alerts. Build a simple 'robot journal' for daily/weekly control.
11.1. Key metrics (KPI cards + glossary)
Profit Factor (PF)
Max Drawdown (DD)
Expectancy
Win Rate
Average Trade
Volatility
Stability
Exposure
Metric Glossary
11.2. Rolling windows & period compare (detect trend changes)
Use rolling windows to catch early degradation. Compare periods to spot significant shifts in performance.
Use PF/Expectancy on a rolling window to catch early degradation before it becomes a large drawdown.
Select Rolling Window
Selected: 60 trades
Period Comparison
| Metric | Period A | Period B | Diff (%) |
|---|---|---|---|
| PF | 1.5 | 1.2 | -20.0% * |
| Expectancy | 0.8 | 0.5 | -37.5% * |
| Max DD | 10 | 14 | +40.0% * |
| Volatility | 2.1 | 2.8 | +33.3% * |
| Win Rate | 55 | 52 | -5.5% |
| Avg Trade | 0.5 | 0.3 | -40.0% * |
| Stability | 70 | 55 | -21.4% * |
* = Change ≥ 20%
11.3. Degradation signals (red flags)
PF rolling (60 trades) drops below 1.2 or down ≥ 20% vs baseline
→ Reduce risk 50% or pause per plan
Expectancy rolling ≤ 0
→ Pause immediately; edge has evaporated
Max DD breaches plan threshold (e.g., 15%)
→ Stop and review risk settings
Volatility up (σ ↑) with flat/lower PF; monthly stability falls (< 50–60%)
→ Tighten protections or reduce risk
Cost creep: average spread/slippage up ≥ 20% vs baseline
→ Check broker execution; consider switching if persistent
Execution errors in logs ('No prices,' 'Invalid stops,' frequent requotes)
→ Check VPS/ping, symbol specs, broker spreads; pause if unresolved
General Actions When Red Flags Appear:
When red flags appear: reduce risk 50% or pause, tighten protections, re-run validation on demo, check VPS/ping and broker conditions.
→ Go to Alert Rule Builder to set specific thresholds.
11.4. Alerts & cut-offs (rule builder)
Configure Thresholds
Rule Summary
11.5. Export reports (MT5 and trackers)
MT5 Export
- Strategy Tester: Open report → Save as HTML/CSV
- Account history export: Right-click → Save as Report
- Naming convention: SYMBOL_TF_PERIOD_MODEL_COSTS_DATE.html/csv
Third-party trackers
FXRobotEasy Analytics
Setup: Link read-only investor password
Checks: Track record verified / Trading privileges verified
11.6. Robot journal: daily/weekly logging template
Daily Log (short form)
Weekly Summary
11.7. Practice: set rules and start your robot journal (10–15 min)
Lesson 11 Quiz
Test your understanding with 3 questions. Pass with 2/3 correct.