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Posts: 2

Topic: EA Studio Journal

Pls can someone inform me that once you have run a strategy and have exported the journal to excel how is the profit/loss coloum calculated

Re: EA Studio Journal

The Proft / loss values are calculated during the backtest and exported as final values.

The formula for calculation of the profit is basically this:

LongProfit = EntryAmount * (ClosePrice- PosPrice) * PointValue / AccountExchangeRate - Commission;
Where:
PosPrice is corrected at every bar with the corresponding Swap.
AccountExchangeRate is needed to convert the symbol's underlying currency to the Account currency.
The ClosePrice and the PosPrice use Bit or Ask depending on the position direction in order to take into account the spread.

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