Support Board
Date/Time: Tue, 04 Feb 2025 06:51:39 +0000
Help with exit efficiency calculation
View Count: 943
[2020-01-02 18:34:14] |
User379717 - Posts: 10 |
Hello, I'm trying to manually calculate the exit efficiency based on the formula listed on this page and its not adding up to the SC program. Trade Activity Log: Trades Fields Descriptions Please see screenshot. focus on the first record. I've copied the formula below based off the docs. The calculation is as follows Denominator = FlatToFlatMaximumOpenPositionProfit - FlatToFlatMaximumOpenPositionLoss.
ExitEfficiency = (Denominator == 0) ? 0.0 : (ClosedProfitLoss + Commission - FlatToFlatMaximumOpenPositionLoss) / Denominator. here is my calculation by hand 2.5 = 7.50 - 5.00 2.5 = (.17+1.08-(-5)) / 2.5 so my exit efficiency is 250%? I tried another calculation removing the double negative 2.5 = 7.50 - 5.00 -1.5 = (.17+1.08-5) / 2.5 Still doesn't add up. Can someone point out what I am doing wrong with my calculation? SC says it should be 41% exit efficiency |
sc-exit-efficiency.png / V - Attached On 2020-01-02 18:28:22 UTC - Size: 10.1 KB - 250 views |
[2020-01-03 01:08:04] |
User379717 - Posts: 10 |
I'm an idiot. I figured out what was wrong. FlatToFlatMaximumOpenPositionProfit - FlatToFlatMaximumOpenPositionLoss should be 7.5-(-5) which is 12.5 not 2.5. the calculations work now.
|
To post a message in this thread, you need to log in with your Sierra Chart account: