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Definition of
Technical Terms on
Trading System Results
Total
Profit - How much money this stock earned when traded with the
selected system. If this is a negative number, it indicates a loss.
Buy and
Hold Profit - The profit resulting from a buy and hold strategy. A
buy and hold strategy assumes that you buy on the first day loaded in
the chart and hold the position. The profit is calculated by using the
price on the first day and the price on the last day. Entry commissions
are taken into account.
Performance - A percentage measure of how much profit or loss the
system generated based on its initial equity. For example, if you start
with $1000 and you end up with $1100 performance is 10%.
Total
Trades - The total number of trades that were generated by the test.
Total
Profitable Trades - The total number of profitable trades that were
generated by the test.
Total
Unprofitable Trades - The total number of unprofitable trades that
were generated by the test.
Highest
Profit - The highest profitable trade generated by the test.
Lowest
Profit - The lowest profitable trade generated by the test.
Average
Profit - The average profitable trade generated by the test.
Highest
Loss - The highest losing trade generated by the test.
Lowest
Loss - The lowest losing trade generated by the test.
Average
Loss - The lowest losing trade generated by the test.
Average
Profit/Average Loss - The average profitable trade generated by the
test divided by the average losing trade generated by the test.
Largest
Drawdown - The largest equity dip in the equity line during the
entire duration of the test.
Most
Consecutive Winnings - Longest Consecutive Winnings
Most
Consecutive Losses - Longest Consecutive Losses
Average
Trade Length when winning - Details, measured in bars, about the
length of the profitable trades that happened during the test.
Average
Trade Length when losing - Details, measured in bars, about the
length of the unprofitable trades that happened during the test.
Most Number
of Days out of the market - The Longest number of bars during which
the test didn't have any open trades.
Average
Number of Days out of the market - The Average number of bars during
which the test didn't have any open trades.
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