Operations > Control Center > Account Performance Tab > Efficiency Graphs |
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Following are the formulas for the calculation of some of the efficiency performance graphs.
Assume the following: - Enter long at price of 100 - Market moves down to a price of 90 - Market moves up to a price of 130 - Exit at a price of 110
Entry Efficiency is Calculated as:
(maximum price seen - entry price) / (maximum price seen - minimum price seen) = (130 - 100) / (130 - 90) = 75% = The entry took 75% of the trade range
Exit Efficiency is Calculated as:
(exit price - minimum price seen) / (maximum price seen - minimum price seen) = (110 - 90) / (130 - 90) = 50% = The exit took 50% of the available trade range
Total Efficiency is Calculated as:
(exit price - entry price) / (maximum price seen - minimum price seen) = (110 - 100) / (130 - 90) = 25% = The trade represented only 25% of the trade range
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