ARMFOnline trading account analysis and trade review in FX Blue
Free online trading account analysis closes a task people usually pay for: a review of closed trades by the depth of the drawdown inside the position. That figure answers the two questions that trouble any trader — whether the stop sits too close and whether the profit is taken too early. Plus panels for faster order handling and a simulator of manual trading on history right inside the terminal.
FX Blue is an add-on to MetaTrader plus a web review service: the plugins work inside the terminal, the account analytics in the browser. It decides nothing for the trader and does not trade by itself unless you deliberately install the copier.
MAE and MFE: two numbers the report does not have
The terminal report knows only the entry price and the exit price. Between them the trade was alive: it went into the red, came back, reached its maximum profit. Two values describe that life and convert it into decisions about stops and targets. In English-language reports they are called MAE and MFE: mae and mfe in trading are the worst excursion against the position and the best excursion in its favour during the life of the trade.
| Indicator | What it measures | Which decision it suggests |
|---|---|---|
| The worst excursion into the red | how deep the trade sank before the close | whether the distance to the stop is enough |
| The best excursion into the green | what maximum profit the trade reached | whether the profit is taken too early |
| The excursion on winning trades | the drawdown of trades that ended in profit | the minimum stop at which the system survives |
| The excursion on losing trades | how far the trades closed at the stop went | whether there were chances or the stop was doomed |
The practical conclusion is usually one of two. If winning trades regularly sank almost to the stop, the distance is chosen too tight and noise will keep knocking positions out. If the best excursion into the green is systematically twice the actual result, the problem is not the stops but the early exit.
Online trading account analysis: what the web part shows
Online trading account analysis here is arranged as a set of slices over one and the same trade history. The value is not in a single chart but in the fact that the slices are compared with each other and reveal the unevenness of the system.
Profit and number of trades for each currency pair. It often turns out that the whole result is made by one pair while the rest eat the commission.
where the money isThe result by hour and by day of the week. A losing interval turns into a rule faster than any other observation.
when to tradeHow the result depends on time in the position. Shows whether the system works as designed or turns into sitting out losses.
how to holdTwo lines on one chart: the gap between them is a measure of the unaccounted risk the account carried between the entry and the exit.
what was riskedFX Blue Trading Simulator: manual trading on history
The built-in MetaTrader tester checks expert advisors, not the human being. The simulator sits on top of the tester and turns it into a training ground: the chart is played back at a chosen speed and you send the orders by hand, as in real trading.
A sensible order is this: the rules are tested in the simulator, the habit of following them on a demo account in real time, and the size of the risk is chosen only after that.
Order management panels
The query fx blue trade manager usually leads to the panels for faster trade handling — there are several of them in the set and they differ in interface density. For risk management one feature matters: the size and the protection are set in one window rather than in two actions.
| Panel function | What it replaces | Why it is about risk |
|---|---|---|
| Calculating the size from the risk amount | a manual calculator | removes the arithmetic error in a moment of haste |
| The stop and target at the moment of opening | a second step after the entry | the position is not left without protection for a second |
| Closing part of the size with a button | typing the size by hand | partial taking is done by rule, not by mood |
| Close everything on the instrument | going through positions one by one | a fast exit when the daily limit is reached |
| Hidden stops on the terminal side | stops on the broker's server | a debatable technique: with a lost connection there is no protection |
The last row is the only one where the tool gives more than a plus. A stop that exists only in your terminal disappears together with the internet. For forex with its gaps at the opening of the week that is a serious drawback.
Trade review: what people ask most often
- Will there be anything to pay
- The plugins and the web review are given away for free. The project has existed for many years and earns from partner relations with brokers rather than from traders.
- Is a separate account needed
- No. The plugins are installed into your terminal, and the web analytics connects to an existing account with a view-only password.
- Does it work with MT5
- Yes, there are versions for both platforms, although the set of functions differs a little between them.
- What is the worst excursion into the red
- The maximum depth to which a trade went against you before the close. A measure of how close the stop was to triggering.
- Does the simulator replace a demo account
- No. It accumulates statistics faster but does not reproduce the waiting and the emotions of real time.
- Can the panels be put on a live account straight away
- Technically yes, but any tool that sends orders is first tested on a demo: the interface rarely makes mistakes, the hands often do.
Frequently asked questions
What FX Blue is and who needs it
It is a family of add-ons to MetaTrader plus a web review section: panels for faster order entry, a simulator of manual trading on past quotes and statistics on closed trades. It is most useful to traders who have already accumulated history and want to understand what is happening in it.
How the trade review differs from the terminal report
The report gives the total: profit, number of trades, drawdown. The review shows the behaviour of the trades between the entry and the exit — how deep they sank and what maximum profit they reached.
How to use the worst excursion to set the stop
Look at how deep the winning trades sank. If most of them came right up to the stop, the distance is chosen too short and part of the future trades will be knocked out by noise for no reason.
What to do if the best excursion into the green is much larger than the result
That is a sign of an early exit: the trades reached a profit you did not take. The solution is not moving the target at random but testing a new exit rule on history.
Does the simulator run inside the terminal or separately
Inside: it starts together with the built-in strategy tester and plays the history back, letting you open trades by hand.
Does the simulator account for spread and swap
Yes, the costs are modelled, so the result is closer to the real one than a simple chart replay in the terminal or on a web platform.
Are the plugins safe for a trading account
The plugins work in your terminal with your rights. Hidden stops are a separate question: they exist only locally and disappear when the connection drops, so for forex this is a debatable mode.
Is an investor password needed for the web analytics
Yes, the connection is made with a view-only password. No review service needs the trading password.
Can you do without these tools
You can: the review is done in a spreadsheet if the journal has fields for the drawdown depth and the maximum profit. But almost nobody fills those two fields in by hand — and that is where the value of an automatic review lies.
How does a panel differ from the built-in order window
In speed and in the bundle: the size for the risk amount, the stop and the target are set at once. In the built-in window the size is typed by hand, and the protection often stays a second step that gets forgotten.
Is the set suitable for algorithmic trading
It is designed for manual trading. For algorithms the built-in tester and your own advisor code are used.
What to check after installing any plugin
One trade of minimum size on a demo: whether the actual loss at the stop matched the calculated one. This is the only check that catches every setup error at once.
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