Episode 7: Excursion Metrics & PEE Sequence Analysis

Academy Lesson 8 (Episode 7) covers excursion metrics and PEE sequence analysis — MAE, MFE, MAPE, MFPE, and post-exit timing context.

What Are Excursion Metrics?

Price-path analysis beyond entry and exit. While open: MAE, MFE. After exit: MAPE, MFPE. PEE sequence adds timing context.

MAE, MFE, MAPE, and MFPE Explained

MAE — max adverse while open. MFE — max favorable while open. MAPE — max adverse post-exit. MFPE — opportunity cost after exit.

Why Excursion Analysis Matters

Quantifies drawdown tolerance, winner development, stop placement, and early exits — normalized in R for Kill List ranking.

Introduction to PEE Sequence Analysis

MFPE first = fear exit signature. MAPE first = well-timed stop. Connect sequence to exit tags and compliance bands.

How to Apply Excursion Metrics in Your Reviews

Step 3 of completed trade workflow. Manual or auto-fill. Checklist: four metrics in R, MFE capture %, PEE sequence, exit tag.

Common Mistakes When Using These Metrics

Missing post-exit window, dollar-only metrics, timestamp errors, ignoring PEE sequence, no weekly aggregation.

How AI Can Enhance Excursion Analysis

AI Council surfaces MFPE clusters, MFE capture trends, and Kill List candidates from structured excursion data at scale.

How The Final Tape Uses Excursion Metrics

Exchange OHLCV auto-fill, PEE derivation, Exit Quality Score, Reports sort/filter, AI Council integration.

Action Plan: Start Using Excursion Analysis

Download tracker; log excursions on next trade; weekly MFE capture review; one Kill List rule from top MFPE pattern.

Next Lesson in the Series

Continue to Checklist Deep Dive — setup rules become a live compliance engine.