Source: ForexYard
System – Generic System Name – This is the default system name of the selected trading system that you added to your portfolio.
*Pips – Net pips accumulated by the system during the selected time frame.
*Pips/Trades – Equivalent to the average pips per trade. It indicates the average profit target on a system
MP – Max Positions – Is the number of positions that a system can hold in that system pair simultaneously. E.g. a system with 6 max positions can open 6 positions at the same time, therefore if a client trades this system at 0.1 lot, there is the potential that they could have 6 positions open at 0.1 lot (60k).
Pair – This is the currency pair that is being traded in the selected system.
# Trades – The total number of trades placed during the selected time frame.
*APT ($) – Average Profit Trade – Is a calculation of the gross profit divided by the number of profitable trades in USD terms.
ATT – Average Trade Time – Is the average holding period in hours of each trade.
Start Date – The day the system was added to the platform.
*Profit Factor – Shows how many times the gross profit exceeds the gross loss. The larger is this value, the better.
*ALT ($) – Average Losing Trade – Is a calculation of the gross loss divided by the number of losing trades in USD terms.
*LLT ($) – Largest Losing Trade – Is the trade that resulted in the largest loss in USD terms.
*Profit ($) – Profit or loss generated by a system using 100K trade sizes including carry costs.
*Max DD – Maximum Draw Down – The largest drop from net balance peak to net balance valley.
*LWT ($) – Largest Winning Trade – Is the trade that resulted in the largest profit in USD terms.
DIS – Days in System – The number of days since the system generated its first trading signal.
*PO – Pay Off – The expected Pay Off (the average profit per trade) is calculated by profit divided by the total number of trades.
*RAR – Risk Adjustment Rate – Is a direct measure of the return in pips divided by the maximum drawdown. For example, a RAR of 4 means that the system’s returns are 4 times greater than its maximum drawdown.
*Win % – The number of winning trades divided by the number of losing trades during the selected time frame.
Terms with an ( * ) beside them represent a field in which an average is made inside the FSA system. This average is not a gaurantee of profits/losses.
Risk Disclosure: The Forex Strategy Automator (FSA) does not gaurantee the profits shown in the averages calculated by its systems, and ForexYard does not take responsibility for any such losses. These averages represent a HYPOTHETICAL calculation, not an exact figure. Oftentimes, the actual results can be drastically different from these hypothetical calculations.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Forex Market Analysis provided by ForexYard.
© 2006 by FxYard Ltd
Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading.