Fade Trade Grader

A winning fade with no rejection bar and a stop inside the wick is a bad trade that paid. Grade the process, not the outcome. Enter the fade, tick the 10 things a range fade is supposed to have, and get a letter grade for how you traded it. Log it with the R it made, and after 20 or so the journal answers the only question that matters: are your A-grade fades the ones making the money? The checks are the same rules the other tools on this site trade by: edge, rejection, stop past the extreme, midpoint first. The log is kept in this browser only; copy it out whenever you want it somewhere else.

How it grades. 100 points across 10 checks. Entry at the edge, inside 15% of the range width (15). A rejection bar or a reclaim close behind the entry, not a naked limit (15). Stop past the pattern extreme, not inside the wick (15). First target at the midpoint (10). The range was inside its fade window: not the first 30 minutes, not a trend day, not 3 or more tests old (10). Size matched the plan, no doubling (10). Exit followed the plan: target, stop, or a rule, not a feeling (10). No add against the position (5). Trade was in the plan before the bar closed, not chased (5). Notes written within 10 minutes of the close (5). A is 90 or more, B 75, C 60, D 45, F under 45. R = (exit − entry) / (entry − stop) for a long, flipped for a short. The journal tracks the average R of A and B trades against C, D and F trades. When the good-process number is higher, the rules are working and the losses are variance. When it isn't, the rules are wrong for you, and that's worth knowing more than any single trade.

Educational tool only, not financial advice. The log is stored in this browser only. Clear your site data and it's gone, so copy it out.

Built by Jason Parker, founder of Trading Ranges.

Built by Jason Parker, founder of Trading Ranges.