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Gross Profit x Gross Loss x Net Profit

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    Gross Profit x Gross Loss x Net Profit


    Hi

    Running NT8 backtesting, it seems the Gross Profit contains contains the Gross Loss, and the First minus the Second is the Net Profit.

    This may be part of Accounting as a science, but I cannot figure out why Loss is computed as Profit....

    Maybe naming it as Gross Volume ( in $) would work for the better as it can easily be understood as an overall Volume with no negative or positive signal.

    Thanks
    G


    #2
    Hello,

    The gross profit is calculated by SUM(profit * quantity) of all winning trades.
    The gross loss is calculated by SUM(profit * quantity) of all losing trades.

    The net profit is the difference between these two values.

    I've included further links to these definitions below if interested:
    https://ninjatrader.com/support/help...efinitions.htm

    Please let us know if you have any further questions.
    Ryan S.NinjaTrader Customer Service

    Comment


      #3
      Thinking about that under this perspective, Yes, I can visualize that now... Seems very reasonable indeed.

      Thanks,
      G

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