Topic: profit per day

hi

how can i calculate the profit per day??  (calculus)

regards

Re: profit per day

You don't need to calculate it. It is displayed under Account Statistics at the top right.

Re: profit per day

yes, I know it, but i want to konow what is the matemathic behind it? I have some ideas, but I think that I need the "formula", not the number

Re: profit per day

I would imagine it is the Account balance - Initial account / number of days in the test period.

Re: profit per day

yes, I do it, but the result isn't the same, i think that in the FSB is an "special formula" or something like that, i mean, with other variable.

Re: profit per day

well, i tHINK thats cause Fsb use trading days, so 1 month=21 trading days, aprox.

Re: profit per day

This page has the source code:
https://github.com/PopovMP/Forex-Strate … tistics.cs

It looks like:  Balance / days in test

Re: profit per day

When we use Pips:
ProfitPerDay = BalanceInPips / TestedDays
- BalanceInPips is actually the total profit since starting pips balance = 0. For 5 digit account BalanceInPips = gained 5 digits points.
- TestedDays = days in the interval from FirstBar to the NewestBar. FirstBar is not the OldestBar but the bar from where the backtest starts. It depends on the max period of used indicators.

ProfitPerDay for currency representation is:
ProfitPerDay  = (MoneyBalance - InitialAccount) / TestedDays