The application imports trades directly from FXCM UK - once imported, trades can be:
- Viewed on a chart
- Annotated
- Allocated to strategies
- Analysed based on success rate, expectancy, R multiple, etc. This can be displayed for all trades, by month or per strategy.
- Download latest version from https://github.com/Hallupa/FXCMUKTradeLog/releases
- TradeLog uses FXCM's ForexConnect API - this isn't enabled by default on each FXCM account so you will need to email api@fxcm.com and ask for ForexConnect API to be enabled
- Run 'TradeLogInstaller.msi' which will install the application along with shortcuts on the desktop and start menu. The application is called 'FXCM UK Trade Log'
When TradeLog is open, for most actions to work you will need to be logged into your FXCM account. Click 'Login' to do this (Note that TradeLog does not store the password for security)
Once logged-in, clicking 'Update account' will download all FXCM trades. This may take a few minutes as candle prices may also be downloaded so the GBP/point can also be calculated.
The summary screen displays completed trades' profits, total profit over time from completed trades, and some overall statistics.
All trades are shown here. Each trade can be assigned to strategies, annotated and viewed on chart.
Trades are grouped here to show results. Using the dropdown list, they can be grouped by month, strategy, market, etc.
The application uses the FXCM API to import user trades but this API does have some limitations
FXCM API doesn't provide details of stops/limits for closed trades. It is recommended that trades are imported into the trade log when they are still open so their stops/limits can be imported also.
This application can show all the changes to the stop/limit over time for each trade however FXCM API provides only the current stop/limit for open trades. It is recommended that whenever a trade has its stop/limit changed, TradeLog is updated with the FXCM account to ensure every stop/limit change is imported