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Request to Add Expectancy Metric in Trading Journal

Feature Request

Hi Team,

I hope you’re doing well.

First of all, I really appreciate the effort you’ve put into building the trading journal. The Profit Factor feature is very useful for evaluating overall system performance.

I would like to suggest adding one more important metric called “Expectancy”, which can further enhance the effectiveness of the journal.

What is Expectancy?
Expectancy helps traders understand the average profit or loss per trade. It gives a clear idea of whether a trading system is actually profitable over time.

Simple Formula:
Expectancy = (Win Rate × Average Win) – (Loss Rate × Average Loss)

Why it is important:

  • It shows how much a trader can expect to earn (or lose) per trade on average

  • It helps in evaluating if a strategy has a real edge

  • Even with a low win rate, a system can be profitable if expectancy is positive

  • It complements Profit Factor by giving a more practical, per-trade insight

For example, two traders can have the same Profit Factor, but very different expectancy — which directly impacts long-term growth.

Adding this metric will help users make better decisions and understand their trading performance more deeply.

Hope you consider this suggestion. Looking forward to future updates!

Thanks & Regards,
harshal bare.

Posted by Harshal Bare ·
Status: Completed2 comments

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Comments2

  • journalplus

    Team•

    May 12

    Hi @Harshal Bare ,

    Thank you for the thoughtful note, your explanation of Expectancy and why it complements Profit Factor was spot on. Honestly, this is something we should have shipped alongside Profit Factor from day one.

    Quick update: Expectancy is now live on the Analytics page, right next to Profit Factor.

    We’re using the exact formula you suggested:

    Expectancy = (Win Rate × Avg Win) − (Loss Rate × Avg Loss)

    We also added a couple of small touches on top:

    • The value is shown in your account currency, per trade, so it’s immediately understandable without any mental conversion.

    • For traders who are early in their journey, we show: “Settles after ~20 trades (X so far)” beneath the metric — a small reminder not to over-interpret a very small sample size.

    If you’re comfortable with it, I’d love to credit you in our release notes as:
    “Suggested by Harshal Bare”

    Your suggestion is what pushed this higher up the queue.

    Thanks again for taking the time to send such a clear and well-reasoned request. Feedback this precise is genuinely rare, and we pay close attention to it.

    If you spot more opportunities like this, please keep them coming.

    Cheers,
    Javed
    Founder, JournalPlus

    • Harshal Bare

      •

      May 12

      Thank you so much...
      Really appreciate you implementing the suggestion so quickly.

      I’m happy to see Expectancy added alongside Profit Factor. The extra touches you added also make it very easy to understand…..thank you.
      Wishing continued growth to JournalPlus and the team.