What is a Compass™ Score?
Compass uses a range of metrics to calculate your Compass™ Score. Understanding these metrics helps you identify strengths and weaknesses:
Win Rate: Percentage of profitable trades. A higher win rate indicates that your strategy often closes in profit.
Profit Factor: Gross profits divided by gross losses. Values above 1.5 suggest your winners outweigh your losers.
Average Win/Loss ratio: Mean profit vs loss per trade. A positive average indicates that your winning trades are larger than your losing trades.
Max Drawdown: Maximum decline from a peak in your equity curve. Lower drawdowns indicate better risk management.
Recovery factor: Ratio of net profit to max drawdown. Higher value reflects resilience and the ability to bounce back.
Consistency Score: Variation in your daily trading performance.
How to interpret a Compass™ Score?
Look at the overall score. A higher Compass Score suggests consistent, risk‑adjusted profitability. The score is scaled relative to your historical performance.
Analyse component metrics. Click each metric on the dashboard to view a breakdown by tag, day of week or market regime.
Identify patterns. Note periods or tags where you consistently underperform. Journaling helps highlight behavioural patterns such as revenge trading or overconfidence.
Set improvement goals. Focus on specific metrics-such as lowering drawdown or improving your average win/loss-by adjusting your trading plan.
Consistent documentation and proper setup with key metrics tracking are crucial for maximising the benefits of trading journal software. Compass™ helps automate this process, but disciplined review is still necessary.
How can I share my Compass™ Score?
Your Compass Score suggests your risk‑adjusted profitability, your win rate, and your consistency. Feel free to share your Compass Score to your friend’s, mentors and to your community. Just tap on the “Share” button on the right-bottom side of the Compass Score card.