16. Formulas and Calculations

All calculations are based on a $10,000 account over a two-year period, except the Return on Investment

Average Loss Amount = Total Amount Lost / Total number of Losses

Average Trade Length = Sum (Length of all Trades) / Total number of Trades

Average Win Amount = Sum of all winning Trades / Total number of winning Trades

Buying Power = Number of Shares to Trade * Signal Price

Longest Trade Length = Length of the longest Trade

Number of Losses = Total number of Losses

Number of Shares to Trade = Risk per trade / Risk per share

Number of Wins = Total number of Wins

Profit Factor = Total Profit / Total Amount Lost

Profit Target = Signal Price + (Trade Reward Multiplier * Average Daily Range)

Return on Investment (Annualised) = Total Profit / Last Position Size / 2

Signal (BUY to open) Price = High of first signal bar + $0.01

Stop Loss = Signal Price - (Trade Risk Multiplier * Average Daily Range)

Total Profit = Sum of all winning Trades (For the last 2 years)

Win % = Total number of Wins / (Total number of Wins + Total number of Losses)