Docs / Hedge-fund Squads

Reading a Squad's performance

The Performance view replays a Squad's calls on the chart they were made against — decision markers with the points each earned, a running score, and a rail that grades every call.

A Squad is only worth following if its calls have been paying off, and the Performance view is where you check. It puts every call the Squad has made on the exact chart it was made against — so you see not just that it said long, but what the market looked like when it said it, and what happened next.

Open a Squad and pick Performance from the view toggle. You can also land here straight from a Squad card on the dashboard, or from the Performance button on a finished deliberation's verdict banner.

One market at a time#

Everything in the view is scoped to one market. The market tabs above the view show each market the Squad covers with a small dot in the colour of its current call; pick one to focus it. Next to the tabs, each market's badge shows the standing call — LONG, SHORT, HOLD, RISK OFF or NO CALL — its cumulative points once at least one call has been graded, and when that market next deliberates.

There is no way to run a deliberation on the spot. A Squad wakes on its cadence and nothing else, because a decision is graded against the price move between it and the next one: two decisions taken inside the same price bar have no move between them at all, so the earlier one would be scored on a zero — counted as a wrong call when nothing had happened yet. The cadence guarantees the price has moved on. To make a Squad decide sooner, shorten its interval in Config.

A stale chip appears on a badge when the Squad has not woken in twice its interval — a warning that strategies gating on decision_age_minutes will be ignoring it.

What the chart shows#

The main pane is the market's candles on the Squad's configured timeframe, with the Squad's own indicator readings drawn dimly behind them — the same lines the specialists were actually given, so you can judge a call against what the Squad could see at the time.

The decision markers#

Every call is stamped onto the bar it was made against, with the points it earned once it was graded:

MarkerCallPlacement
Green Longbelow the bar
Red Shortabove the bar
Dim Holdon the bar
Risk offabove or below, by the side it exits

Risk-off is deliberately a square rather than an arrow, so "get out" never reads as "go the other way". The newest call shows its glyph without points — a call is only graded when the next one lands.

Below the candles, a cumulative points line runs the score forward — green while the total is positive, red while it is negative. Before anything has been graded this pane is simply absent, and the legend says so: no graded decisions yet — a call is scored when the next one lands.

The decisions rail#

Entering Performance opens the right-hand rail on its Decisions tab.

The scoreboard#

At the top, the market's record at a glance: the current call, total points, and a standing in plain words — Paying off when the points are positive, Losing money when negative, Neutral in the dead zone around zero. Under it, six stats:

  • Scored calls — how many calls have been graded. The newest call is always still pending, so a market with exactly one decision shows 0.
  • Accuracy — the share of graded calls that scored positive.
  • Recent form — points over the last 20 graded calls, so a Squad that has turned a corner shows it here before the total does.
  • Streak — consecutive wins or losses, counting back from the newest.
  • Last call — how long ago the standing call was made.
  • Next wake — countdown to the next scheduled deliberation, or paused.

The decision table#

Below the scoreboard, one row per call: when it was made, the call, the price it was stamped at, and the points it earned — or the word pending for a call not yet graded — with the price move it was graded against underneath. Hover a row to see the confidence the call carried.

Two things make the table more than a list:

  • Click a row and the chart centres on that call's candle, so "why did it go short there?" is one click from the answer.
  • Transcript jumps to the Floor with that deliberation loaded, when the call has a full debate behind it — the argument, not just the outcome.

How the points work#

Each call is graded against the price move to the next call: right during a big move earns more than right during a small one, up to a cap, and holds are graded against the Squad's last directional call at half weight. A hold with no direction behind it — after a risk-off, or before the first long/short — shows a dash instead of points and does not count toward accuracy. The full scoring rules, the deadband, and how to trade the score from a strategy are on cadence, decisions and the track record.

TIP

Read Recent form against the total. A Squad with a healthy total but negative recent form is living off old wins; one with a poor total and strong recent form may have learned something — its memories will often tell you what.

Before there is data#

A Squad that has never deliberated on a market shows an empty chart and No decisions yet in the rail; one with a single call shows everything except a score. That is honest, not broken — the record only exists once calls have been made and graded. Put the Squad on a cadence and the record builds itself.

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