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Instrument Performance Results Question

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    Instrument Performance Results Question

    Does anyone know how:

    Total Net Profit
    Gross Profit
    Gross Loss
    Percent Profitable

    are calculated?

    Reason I'm asking I have for example an instrument that I made $10 on for that month. There was 1 trade of 20 ES futures. Buy @ 1844.50 and sell @ 1845.00.

    The profit should be 10 bucks but the performance tab shows

    Total Net Profit = $500.00
    Gross Profit = $500.00
    Gross Loss = $0.00
    Percent Profitable = 100.00%

    I'm running in simulation mode and I'm a bit confused as to where these numbers (profits in particular) are coming from.

    Any help will be appreciated

    #2
    Hello,

    The ES E-mini S&P 500 Futures are $12.50 per tick therefore if you are trading 20 contracts with a profit of two ticks this appears to be the correct value of $500.

    Let me know if I may be of further assistance.
    Christopher J.NinjaTrader Customer Service

    Comment


      #3
      Thanks a lot NinjaTrader_ChristopherJ

      Thats very helpful. I'm new to trading futures and your explanation made perfect sense.

      Generally I'm looking things up but if you or anybody can add their 2 cents its much appreciated.

      To expand my original example using your explanation, the price went from 1844.50 to 1845.00. As you have explained, this movement of 0.50 = 2 ticks with a tick size of 0.25 per tick.

      1 tick = $12.50 so 0.50 in this case = $25.00

      So these prices 1844.5 and 1845.00, what are they? As in since they are not indicative of the actual realized dollar amount, what are they proxies for? (Please let me know if my question isn't clear enough)

      Also must E-mini futures be traded per tick size?

      Comment


        #4
        The ES trades in quarters therefore from 1844.00 to 1844.25 would be 1 Tick. You can see what each instruments tick size within the Instrument Manager which can be accessed by going to the Control Center->Tools->Instrument Manager.
        Christopher J.NinjaTrader Customer Service

        Comment


          #5
          Thanks Chris

          Do you guys have anywhere describing these fields and their calculations in the performance output?

          Performance
          Total Net Profit = This one you already explained
          Gross Profit
          Gross Loss
          Profit Factor
          Cumulative Profit
          Max. Drawdown

          If not can you or anybody please share your thoughts

          Comment


            #6
            I have provided a link below to our Help Guide that goes over Statistic Definitions:

            http://ninjatrader.com/support/helpG...efinitions.htm
            Christopher J.NinjaTrader Customer Service

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