ZoneTraderPro

Statistics FAQ

1. Why do your statistics end in 2007?

The statistics were created to develop a trading plan, not as a sales tool. With over 7000 trades in all market conditions, this goal has been met. Additionally it takes between 2-8 hours per trading day to mark the trades and create the web pages.

2. How did you calculate the statistical data?

Every trade had to analyzed one at a time by hand. As such, there is a possibility of human error. If you notice such an error, please contact ZoneTraderPro and we will correct the error and the data, or explain why.

3. How did you determine maximum favorable excursion?

Maximum favorable excursion was figured in two ways. The most common way was from the worst possible entry point to the next time the market reversed and a new zig zag line was drawn. In the example below even though the market made a lower low, the line reversed and the 1st low was the one counted.

The less common way the maximum favorable excursion was figured was when the trade was entered and the market traded to the opposing intermediate zone and reversed back to the intermediate zone that you would have initiated the trade from. If the previous high or low was not taken out, the trade was allowed to run. If the previous high or low was taken out, this the MFE that was reached was recorded, and the trade ended as a typical reversal. In the below short trade example the market makes several bounces off of intermediate support and resistance, but each time is making a lower-high and a lower-low, until it reached the trend support and was exited as normal.

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