Separate Profit Factor for Short and Long operations
Profit Factor = Gross Profit / Gross Loss. Go through your trades and compute it for longs and for shorts. What's the problem?
William Roeder #:
Profit Factor = Gross Profit / Gross Loss. Go through your trades and compute it for longs and for shorts. What's the problem?
Thanks William!
Should I code it out of OnTester() after reaching the last date of the backtesting, right? I was thinking of a smart solution that wouldnt be too process consuming...
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Hey there!
How can I calculate separate profit factors for long and short operations in OnTester()?
I want to refine my scenarios considering those ones in which both profict fators for short and long operations are nice enough (separately). However, as long as I have a consolidated profit factor, it is really common to have a very good consolidated profit factor, but with bad results when I analyzed short operations. It means that the long operations are compensating the short operations... So, in order to avoid such thing, I need to manually run each scenario aiming to find that one with good results for both trend.
In the library, there the bult-in formulas consider only consolidated results as far as I know.
Thank you all!