concept
Overview
A Study asks a measurable question over a Definition’s collected events — “what usually happens in the next N bars?” — and returns stats you can review and pin on chart.
Studies live under a Definition. They do not run on your trade journal (that is trade studies).
What a study produces
Aggregates — win rate, average R, MAE/MFE, percentiles
Cohorts — split by payload field (direction, session, filter flag)
A finished run you can open in event review or put on chart
The flow
Define the setup
Collect events into a dataset
Author the study question
Run over instrument, range, timeframe
Pin results on your Terminal chart
Where to click
Research → Definitions → [definition] → Studies
List shows attached studies and recent runs.
Agents
Conductor can draft studies and queue runs. You approve before results land. Same study builder you would open yourself.
What good looks like
One Definition, one dataset, one study answering “hit rate to 1R within 15 bars” — result pinned on your live ES chart during London.
Important distinctions
Research study = over Definition events (market setups).
Trade study = over your trades (journal) — see Trade studies.
Indicator = draws on chart; does not by itself answer cohort statistics.
Next
Create a study — author the question
Run a study — execute and read results
In-terminal pins — show results while trading