Strategies

Strategies group related trades for performance tracking and analysis. They help you measure how different trading approaches perform over time.

Why Use Strategies?

1. Performance Tracking - Measure win rate, profit factor, and returns per strategy
2. Organisation - Group trades by methodology (momentum, mean reversion, etc.)
3. Comparison - Compare performance across different approaches
4. Automation - Link signals to strategies for systematic tracking

Strategy Types

UTM supports several strategy type categories:

Type	Code	Description
Trend Following	tf	Follow market trends, buy breakouts
Mean Reversion	mr	Trade reversals to average price
Momentum	mom	Trade based on price momentum
Rotation	rot	Rotate between sectors/assets
Arbitrage	arb	Exploit price differences
High Frequency	hft	Rapid, short-term trades
Discretionary	disc	Manual trading decisions
Custom	custom	User-defined methodology

Creating a Strategy

Step 1: Navigate to Strategies

Go to Strategies in the main menu.

Step 2: Create New Strategy

Click New Strategy and fill in:

Field	Description
Name	Descriptive name (e.g., "MACD Crossover")
Type	Strategy category (see types above)
Description	Optional notes about the methodology
Account	Default account for this strategy
Active	Enable/disable the strategy

Step 3: Configure Settings

Optional configuration:

Setting	Description
Max Position Size	Limit position size per trade
Risk Per Trade	Maximum risk percentage
Symbols	Restrict to specific symbols

Linking Trades to Strategies

Via Signals

Include strategy ID when creating signals:

{
  "symbol": "AAPL",
  "action": "openLong",
  "quantity": 100,
  "strategyId": "your-strategy-uuid"
}

All resulting trades link to this strategy.

Via Manual Orders

When placing orders manually:

1. Open order entry dialog
2. Select strategy from dropdown (optional)
3. Submit order
4. Resulting trade links to strategy

Retroactive Assignment

Assign existing trades to a strategy:

1. Open trade details
2. Click Edit
3. Select strategy
4. Save changes

Strategy Performance

Metrics Tracked

Metric	Description
Total Trades	Number of completed trades
Win Rate	Percentage of profitable trades
Average Win	Average profit on winning trades
Average Loss	Average loss on losing trades
Profit Factor	Gross profit ÷ gross loss
Net P&L	Total profit/loss
Return %	Percentage return on capital
Max Drawdown	Largest peak-to-trough decline

Performance Views

Navigate to a strategy's detail page to see:

• Summary: Key metrics at a glance
• Equity Curve: Performance over time
• Trade List: All trades in this strategy
• Statistics: Detailed breakdown

Filtering by Date

Analyse performance over specific periods:

• Last 7 days
• Last 30 days
• This month
• This year
• Custom range

Strategy Comparison

Side-by-Side View

Compare multiple strategies:

1. Go to Strategies
2. Select strategies to compare (checkboxes)
3. Click Compare
4. View metrics side by side

Key Comparisons

Compare	Purpose
Win Rate	Consistency of profits
Profit Factor	Risk-adjusted returns
Max Drawdown	Worst-case scenarios
Return %	Overall effectiveness

Best Practices

Naming Conventions

Use clear, descriptive names:

• ✓ "MACD Daily Crossover - Tech Stocks"
• ✓ "RSI Oversold Bounces"
• ✗ "Strategy 1"
• ✗ "Test"

One Strategy Per Methodology

Don't mix different approaches in one strategy:

• ✓ Separate "Momentum Long" and "Mean Reversion Short"
• ✗ Combining all trades in "My Trades"

Paper Test First

Before using a strategy with real money:

1. Create the strategy
2. Link to a paper account
3. Run signals and track performance
4. Analyse results
5. Move to live when confident

Automation Integration

TradingView Alerts

Send alerts to UTM with strategy assignment:

{
  "symbol": "{{ticker}}",
  "action": "openLong",
  "accountId": "your-account-uuid",
  "quantity": 100,
  "strategyId": "your-strategy-uuid"
}

Exit Rules

Strategies can have default exit rules:

{
  "strategyId": "day-trading-strategy",
  "exitRule": {
    "minutesBeforeClose": 0,
    "orderType": "moc",
    "timeInForce": "cls"
  }
}

Exit rule timing options (mutually exclusive):

• submitAt: Submit exit at specific time (HH:MM format, e.g., "15:30")
• minutesBeforeClose: Submit N minutes before market close (0-30)
• Neither: Submit exit immediately when entry fills

All trades in this strategy will auto-close at market close.

Common Issues

Trades Not Linking

Check:

• Strategy ID is correct (UUID format)
• Strategy is active
• Signal includes strategyId field

Performance Not Updating

Verify:

• Trades are closed (open trades don't count in some metrics)
• Date range includes the trades
• Refresh the page

Missing Metrics

Some metrics require minimum data:

• Win rate needs at least 1 closed trade
• Profit factor needs both wins and losses
• Drawdown needs equity history

Deleting Strategies

warning

Deleting a strategy does not delete associated trades. Trades will become unlinked and can be reassigned.

To delete:

1. Open strategy details
2. Click Delete
3. Confirm deletion
4. Trades remain but lose strategy association