Indicator · MT4 & MT5 · formerly Report by Magic / P&L by Magic

Which strategy is actually paying?

Strategy Compare puts every EA running on the account on its own row, grouped by magic number, and keeps the score: profit for the open positions, today, this week, this month and since the first trade, plus pips, win rate, profit factor, max drawdown and the worst losing streak. It reads your history, it never sends an order.

MT4 & MT5Needs Allow DLL importsAny broker, any symbolRead only, never trades

The whole thing in twenty seconds: full and compact views, light and dark themes, and the statistics card that opens when you click a strategy.

Strategy Compare dashboard: account result, portfolio equity curve and two lines of numbers per strategy

The account result on top with the portfolio equity curve, then two lines per strategy: the money on the first, percentages, pips and trade stats on the second. Click any header to sort.

What it does

The report MetaTrader never gives you.

The terminal shows you the account. Strategy Compare shows you the strategies inside it.

Portfolio

One row per strategy

Open, today, week, month and all-time profit, shown as money, percent or both. Totals for the whole account on the top line.

Naming

Magic numbers become names

Call 8001 “London breakout”. Give the same name to several magics, or to a whole range like 8000-8999, and they merge into a single aggregated row.

Quality

Beyond the profit column

Win rate, profit factor, pips, average trade, max drawdown tracked live on open positions and the worst losing streak on closed ones.

Drill-down

DETAILS opens the full file

Per-strategy equity curve, monthly calendar, win and loss streaks, hour and weekday breakdown, Asia / London / New York sessions and the last trades in a list.

Filters

Only what you care about

Include or exclude magic numbers, hide strategies with no activity in the last N days, set custom pip sizes for metals, indices and crypto.

Comfort

Themes and clean chart

Several colour themes, adjustable fonts, and a clean-chart mode that leaves the price alone while the panel does the talking.

Strategy Compare statistics card for a single strategy: equity curve, 18 statistics, calendar and last trades

Every row has a DETAILS button. It opens the full history of that one strategy - statistics, calendar and trades - without touching the chart.

The table

What each column means.

ColumnReadsNotes
OPENFloating P&L of the positions still runningBroker credit and bonus are excluded
TODAY / WEEK / MONTHRealized profit in the periodMoney, percent of balance, or both
ALL TIMERealized profit over the whole historyAlways computed on the full history, even when the row is filtered
PIPSNet pips of the strategyCustom pip size for metals, indices, crypto
WIN %Share of closed trades in profitPer strategy, not per account
PFProfit factor, gross win over gross lossAbove 1.00 means the strategy is net positive
MAX DDDeepest drawdown reachedTracked live on open trades and kept across restarts
MAX LOSSWorst losing streak on closed tradesThe number the equity curve never shows you
Screenshots

Straight from the product page.

Click any image to open it full size.

Free vs PRO

Same dashboard. One of them carries an ad.

The free edition pays for itself with a small sponsor banner rotating inside the panel. PRO removes it and hands updates over to your MQL5 account.

Free edition
  • The full dashboard, every metric, every theme
  • MT4 and MT5, both included
  • A rotating sponsor banner inside the panel
  • Updates announced on the Telegram channel, installed by hand
PRO · ad free
  • No sponsor banner. The panel is yours
  • Five activations, automatic updates from MetaTrader
  • Free demo on the MQL5 Market before you pay
  • MT4 and MT5 are two separate products
Install

Two minutes.

  1. Download the ZIP for your platform from the buttons above and unpack it. Inside there is the indicator and the PDF guide - the same manual is readable online.
  2. In the terminal open File → Open Data Folder, then drop the file into MQL4/Indicators or MQL5/Indicators.
  3. Restart the terminal, drag Strategy Compare onto any chart, tick Allow DLL imports in the Common tab, and let it read the history.
Good to know

It is an indicator, not an EA: it never opens, closes or modifies a position, and it does not need automated trading enabled.

Closed history is cached and looked up by hash, so a few thousand trades cost close to nothing in CPU time.

Renamed from Report by Magic / P&L by Magic. Same tool, same author, clearer name.

Start free. Drop the ad when it earns its place.

Run the free edition on your live account tonight. If you end up keeping the panel open every day, the PRO edition removes the banner for good.