0
Before you start
Two quick checks. Tick them as you go.
Words you'll see. Required = a check that counts as a break when you answer it no. Optional = a check that the weekly review does not count as a break.
Guide · Journal and dashboard · about 15 minutes
Set up a playbook.Write your setup down, then check it on every trade.
A playbook is your written setup: when you take it, where the stop goes, and where you take profit. You add the checks you want to answer on every trade. The checks are yours to write. The journal counts a missed required check as a break, and leaves unanswered checks alone.
~15 minstart to finish
6 stepstick each one off
Your rulesyou write the checks
Freefor the journal
✓
A playbook changes nothing at your broker.
It is a note and a checklist in your journal. You can archive one when you stop using it. If a step doesn't look like the picture, that's normal: open the "Not seeing it?" box under it.
1
Name the playbook
Start a new one from the Playbooks page.
- Open Playbooks and choose New playbook.
- Type a Name, such as London FVG retrace.
- In What it is (optional), write the setup in a few lines: when you take it, where the stop goes, where you take profit.
Keep it short. A playbook you can read in a minute is one you will use.
Not seeing it?
I can't find New playbook. Open Playbooks from the site menu. The button sits at the top of the list.
2
Add the rules to check
Each check is one question you answer on a trade.
- Under Rules to check on every trade, add a rule, such as Higher-timeframe bias agrees.
- Mark each rule Required or Optional.
- Keep to a handful of rules. Many rules are harder to answer honestly.
Required means a no answer counts as a break. Use it for rules you are not willing to skip.
Not seeing it?
The playbook says it has no rules yet. Add at least one rule under Rules to check on every trade. The list shows the rules you add.
3
Save it
The playbook is ready to attach to trades.
- Check the name, the setup and the rules.
- Save the playbook. It appears in your active list.
Not seeing it?
It isn't in the list. Refresh the Playbooks page. Check the save went through, then open it again.
4
Attach it to a trade
Pick the playbook on the trade.
- On a trade, choose Trade playbook and pick your playbook.
- Answer its checks in the Playbook section of the trade.
Unanswered checks are not counted as breaks. Answer the ones you can see clearly.
Not seeing it?
The playbook isn't in the Trade playbook list. Check it is active, not archived. Archived playbooks are kept out of that list.
5
Read the results, and keep them in context
Results by playbook appear in the weekly notebook.
- Open the weekly notebook. Find Saved playbooks · results.
- Look at Repeated recorded rule breaks as well as the results.
- Remember that small samples are observations, not established edges.
A playbook result over a few trades can change a lot with one more trade. Read it with the sample size in mind.
Not seeing it?
Results show nothing yet. A playbook needs closed trades with it attached before results appear.
Your safety nets
Three ways to keep playbooks useful.
1
Keep it short
A few clear rules are easier to answer honestly.
2
One setup at a time
Separate playbooks keep the results from blurring together.
3
Archive, don't delete
Archive a playbook you have stopped using. It stays in your history.
Risk warning: A playbook is your own written setup and checklist. It is not investment advice, and results recorded against it are not a guide to future results. MetaTrader and MQL5 are trademarks of MetaQuotes Ltd.; PrecisionFX is not affiliated with or endorsed by MetaQuotes.