Knowledge Base
Short articles about PnL Plus metrics, data verification, and methodology.
Use cases
A trading journal that fills itself
For a trader or investor who wants to understand their trading, not just watch the balance.
OpenUse casesOversight for a managed account
For a situation where money is managed by someone else, or you manage capital under agreed risk rules.
OpenUse casesHow to prove a verified track record
For a trader or manager who needs to show real numbers to investors, clients or partners.
OpenUse casesRating: recognition and competition
For traders who want to show their ability, appear in front of potential investors and compare themselves with others.
OpenReturns
Annualized return
Shows the account's past growth pace translated into a one-year rate.
OpenReturnsTWR return
Shows account return without letting deposits and withdrawals look like profit or loss.
OpenReturnsGrowth of $1,000 (VAMI)
Shows the account's percentage-return path on one $1,000 scale, without deposits or withdrawals changing the result.
OpenReturnsDaily P&L: Gross and Net
Shows each day's result from the change in NAV without capital movements affecting it, while Gross and Net separate performance before and after costs.
OpenReturnsPositive months
Shows how often calendar months closed in profit.
OpenReturnsRolling 12-month return
Shows the return for the latest 12 months at each point in history.
OpenRisk and drawdowns
Max drawdown
Shows how much the account lost in its worst peak-to-bottom moment.
OpenRisk and drawdownsDrawdown chart
Shows how far below its past high the account was at each point.
OpenRisk and drawdownsVolatility (monthly)
Shows how much monthly return usually jumps around its average.
OpenRisk and drawdownsCurrent drawdown
Shows how far the account is right now below its latest high.
OpenRisk and drawdownsLongest without a new peak
Shows the longest time the account waited for a new high.
OpenRisk and drawdownsSharpe ratio
Shows how much return came per unit of monthly volatility.
OpenRisk and drawdownsCalmar ratio
Shows how much annual return was earned per unit of worst drawdown.
OpenRisk and drawdownsMonte Carlo
Shows what paths could appear when past trades or returns are reshuffled.
OpenTrades and behavior
Max simultaneous positions
Shows how many positions were open at the same time at the account's busiest moment.
OpenTrades and behaviorTrades per trading day
Shows how many trades you made on an average day when trading actually happened.
OpenTrades and behaviorTrade expectancy
Shows how much one closed trade made or lost on average after costs.
OpenTrades and behaviorAverage win
Shows the average size of trades that closed in profit.
OpenTrades and behaviorAverage loss
Shows the average size of trades that closed in loss.
OpenTrades and behaviorAverage duration
Shows how long trades usually stayed open from entry to exit.
OpenTrades and behaviorProfit factor
Shows how many dollars of gross profit came for each dollar of gross loss.
OpenTrades and behaviorWin rate
Shows what share of closed trades finished with a profit.
OpenTrades and behaviorTime analysis
Shows which weekdays and UTC opening hours were associated with net profits or losses across the selected trades.
OpenTrades and behaviorRolling expectancy and 12-month return
Shows recent performance change through the latest 40 trades on a trading account or the latest 12 months on an investment account.
OpenTrades and behaviorPrice of habits
Shows how much recurring trading habits may have cost in money versus normal expectancy.
OpenTrades and behaviorPlaybooks: why mark up trades
Explains how playbooks turn a trade list into statistics for separate trading systems.
OpenPortfolio and income
Net flow
Shows how much money was added to the account minus how much was taken out.
OpenPortfolio and incomeFloating PnL
Shows the profit or loss on open positions before it is locked in.
OpenPortfolio and incomeMarket and currency
Shows whether realized account change came from market activity or currency revaluation.
OpenPortfolio and incomeYield (12m)
Shows the last 12 months of income from an open position compared with its current value.
OpenPortfolio and incomeAllocation
Shows what the portfolio is made of right now.
OpenData and methodology
How we connect to an account
PnL Plus reads broker data through read-only access: history, positions, balance/equity or NAV. The connection cannot trade or move money.
OpenData and methodologyAn AI assistant for your accounts (API & MCP)
Create a key in Settings and your AI assistant (Claude, for example) can read your accounts' statistics and answer questions about your trading. Read-only: nothing can be changed or deleted.
OpenData and methodologyWhat we measure
We do not look only at closed trades. The main view of performance and risk uses a value that reflects current account value including open positions.
OpenData and methodologyWhat backs the data
Every curve point has a clear basis: measured by the broker, reconstructed from available data, or unknown.
OpenData and methodologyHow we reconcile data
Before trusting metrics, we check whether the calculated history reconciles with the broker state of the account.
OpenData and methodologyUnified returns basis
Explains how PnL Plus keeps returns comparable when history moves from reconstructed balance to measured equity or NAV.
OpenData and methodologyCalculation limitations
Explains where verified calculations still have uncertainty and how PnL Plus labels that uncertainty.
OpenData and methodologyTrading and investor account style
Explains why some accounts are shown as active trading and others as investment portfolios.
OpenData and methodologyHow often data updates
Freshness depends on the broker and data type: EXANTE NAV updates once per minute, while trades and reports follow their own schedules.
OpenData and methodologyWhat other people can see
Explains the difference between the public profile, the details page, and a private watcher link.
OpenData and methodologyWhy numbers may differ from the broker report
Explains common differences between PnL Plus and broker reports without assuming one side is wrong.
OpenRating and scoring
Trading Health
Trading Health shows account behavior quality on a 0-100 scale without directly rewarding raw return.
OpenRating and scoringRisk
Risk shows how well the account endured adverse periods without deep drawdown or dangerous result concentration.
OpenRating and scoringConsistency
Consistency evaluates whether results repeated through time instead of relying on a few rare jumps.
OpenRating and scoringDiscipline
Discipline looks for behavioral risk signals: holding losers too long and increasing size after a losing streak.
OpenRating and scoringPnL Score
PnL Score is the public 0-100 rating score that combines return with risk control, consistency and discipline.
OpenConnecting accounts
Connecting MT4/MT5
To connect an account, you need the broker server, account number, password and the selected MetaTrader 4 or MetaTrader 5 platform.
OpenConnecting accountsConnecting EXANTE
EXANTE connects through an API key/Application ID and Secret/shared key, then the wizard asks you to choose an account and report currency.
OpenConnecting accountsConnecting Interactive Brokers with Flex
IBKR needs a read-only Flex Web Service token and the Query ID of an XML Activity Flex Query.
Open