One of the most useful features of MT4 Tracker is that it gives you the ability to exclude certain strategies and then recalculates the account’s performance. In this way — that is, by comparing the account’s performance with / with out certain strategies — then you can decide which strategies to remove from your portfolio going forward.

The image below shows a couple of ways to exclude strategies. One way is to scroll down the Table View and select each strategy, one-by-one, and view its performance chart. If you don’t like its performance then click the ‘Exclude’ checkbox corresponding to that strategy. A second way is to right-click inside the Table View and a pop-up menu will appear with a few options — e.g. exclude a collection of strategies whose Expectancy, Profit Factor, Win Percent or Return/DD Ratio is below a threshold value that you specify.

Also, you can click on the column headers — e.g. Net Profit, Win Percent, Profit Factor, Expectancy — to sort the strategies from best-to-worst (or vice versa). In this way it may become more apparent which strategies are “keepers” and which should be excluded.

In the example below we show the balance chart for the portfolio “Before” and “After” excluding those strategies whose Return/DD Ratio is < 3. If you examine the statistics for the portfolio as a whole, you can see the improvement can be fairly dramatic when poor-performing strategies are removed.