KALIFX MT5 Metrics – User Instructions

The KALIFX MT5 Metrics Tool collects your MetaTrader 5 trading performance and generates a detailed HTML report focused on a selected month. It calculates key metrics such as net profit, win rate, drawdown, and trade expectancy based only on the chosen period, ensuring accurate and relevant insights. The report includes an equity curve, day-by-day and weekday performance analysis, and a breakdown of recent trades within that month. The tool works with live accounts, demo accounts, or historical MT5 data, allowing you to evaluate your performance with precision for any specific time period.

What You Need

• MetaTrader 5 (MT5) installed
• A demo or live trading account
• KALIFX MT5 Metrics Tool
• MT5 running and logged into your account

How to Use – Step by Step

1. Launch MetaTrader 5 and ensure you are logged into your trading account.
2. Open the KALIFX MT5 Metrics Tool Python application.
3. Fill in the configuration fields in the GUI:
• Initial Balance: Starting balance for calculations.
• Account Symbol: Currency symbol for display (e.g., $ or R).
• Recent Trades Count: Number of recent trades to show in the report.
• Update Interval (seconds): How often the HTML report is refreshed automatically.
• Output HTML File: Name and location of the generated report file.
• Selected month: Period from which trade history should be analyzed.
4. Click ▶ START SERVICE to connect the tool to MT5 and begin data collection.
5. The tool will fetch your closed trades, calculate metrics, and generate an HTML report automatically.
6. Click 🌐 Launch next to the output file field to open the latest report in your browser.
7. Click ⏹ STOP SERVICE to stop the background updates safely.

Where the Report Is Saved

By default, the report HTML file is saved in the same folder as the script. You can choose a custom location and file name in the Output HTML File field.

Report Contents

• Equity curve chart based on the selected month
• Net profit, floating P/L, and account balance overview
• Win rate, profit factor, expectancy, and streak analysis
• Day-by-day performance for the selected month
• Weekday profit/loss distribution (Mon–Fri breakdown)
• Recent trades from the selected period
• And more

Important Notes

• Ensure MT5 is running and logged into the correct account before starting the service.
• The report is generated based on a selected month; only trades within that period are included.
• The tool only reads closed trades; open trades are not included in the report.
• Data is fetched efficiently in chunks within the selected period to ensure stability.
• Reports auto-refresh in the browser based on the update interval you set.
• The tool supports both demo and live accounts for consistent performance tracking.

Common Use Cases

• Analyzing trading performance for a specific month
• Evaluating key metrics such as win rate, drawdown, and expectancy within a chosen period
• Identifying strong and weak trading days using daily and weekday breakdowns
• Generating clean HTML reports for sharing or record keeping
• Reviewing equity trends and consistency over a selected month

Need a MetaTrader 4 (MT4) version? Reach out and we’ll provide a compatible KALIFX MT4 Metrics Tool.