> ## Documentation Index
> Fetch the complete documentation index at: https://docs.traseq.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Reading Backtest Results

> Understand the Summary, Rules, Trades, Analytics, and Charts tabs on the results page.

After a backtest finishes, the results page gives you a complete picture of
how the strategy performed. Here's what each tab shows.

## Summary

The Summary tab highlights the key performance metrics at a glance.

| Metric              | Description                           | How to interpret                                                             |
| ------------------- | ------------------------------------- | ---------------------------------------------------------------------------- |
| **Return %**        | Total return over the backtest period | Positive means profitable; higher is better                                  |
| **Max Drawdown**    | Largest peak-to-trough equity decline | Smaller is better — shows worst-case risk                                    |
| **Total Positions** | Number of trades taken                | Too few may mean overly strict conditions; too many may suggest over-trading |
| **Win Rate**        | Percentage of profitable trades       | Look at this together with profit/loss ratio, not in isolation               |
| **Sharpe Ratio**    | Risk-adjusted return                  | Above 1 is solid, above 2 is strong                                          |
| **Profit Factor**   | Total profit divided by total loss    | Above 1 means the strategy is net profitable                                 |

## Rules

The Rules tab displays the exact strategy configuration used in this backtest:
entry conditions, exit conditions, entry action, and exit action.

## Trades

The Trades tab lists every individual trade from the backtest.

| Column          | Description                       |
| --------------- | --------------------------------- |
| **Entry Time**  | When the position opened          |
| **Exit Time**   | When the position closed          |
| **Side**        | Long or Short                     |
| **Entry Price** | Price at entry                    |
| **Exit Price**  | Price at exit                     |
| **PnL**         | Profit and loss amount            |
| **PnL %**       | Profit and loss percentage        |
| **Duration**    | How long the position stayed open |

## Analytics

The Analytics tab gives you deeper statistical insights:

* **P\&L histogram** — distribution of trade profits and losses
* **Duration distribution** — how long positions stayed open
* **MAE/MFE scatter plot** — worst and best unrealized P\&L per trade
* **Monthly returns heatmap** — performance broken down by month

## Charts

The Charts tab shows everything in one visual view:

1. Price candles with trade markers
2. Equity curve
3. Drawdown depth

> Note: Charts often reveal patterns — like clustered losses or drawdown
> timing — that are hard to spot from numbers alone.

## Quick actions

From the floating action bar, you can:

* **Run Again** — rerun with different parameters
* **Compare** — add this result to a comparison set

## Next steps

* [Comparing Multiple Backtests](/guides/tutorials/compare-backtests)
* [Run Your First Backtest](/guides/tutorials/first-backtest)
* [System Templates](/guides/tutorials/system-templates)