Compass™ is TradeSea™’s built‑in performance analytics engine. Instead of manually tracking your trades, Compass™ journals every fill and calculates a Compass Score—a composite score that combines behavioural metrics, statistical performance, risk‑adjusted returns and market‑regime analysis.
Why use Compass™?
Trading journal software helps traders record, analyse and improve their trading decisions through automated tracking and detailed analytics.
Key features of such software include trade logging, performance metrics, risk assessment tools, emotional state tracking, and broker integration capabilities.
Compass™ automates these practices and integrates them directly into your trading platform, so you can focus on execution.
Key Features of Compass™:
Automated trade documentation and organization utilizing a tag-based system.
A comprehensive Multi-factor Compass Score, integrating metrics such as win rate, profit factor, risk-adjusted returns, and drawdown.
Implementation of strategy-level tagging and analysis of market regimes.
Provision of shareable performance overviews for verification on social platforms or by evaluators.
Capability to import historical trade data from various brokers and trading platforms.
Detailed trade analysis across diverse time frames and financial instruments.
In addition, the Compass™ dashboard features headline metrics (Net P&L, Win Rate, Profit Factor, and Average Win/Loss ratio) prominently displayed at the top of the page. These statistics offer an immediate overview of your performance for the designated date range.
An interactive Compass Score chart graphically represents your essential metrics-including drawdown, recovery factor, and average win/loss - while a P&L performance calendar denotes profitable and unprofitable days within a calendar format. These visual instruments facilitate the easy identification of trends prior to engaging with detailed reports.