This DAV shows the performance metrics calculated over the Sized Positions used to make the simulation. In order to make comparisons among the performance of the sub-strategies easier, it is possible to show side by side the performance of several sub-strategies. This can be achieved right clicking in the data grid and selecting in the contextual menu the option desired.

Simulation Performance Metrics shown:

• | General Data: |

o | Starting Capital: The capital at the beginning of the simulation. |

o | Ending Capital: The capital at the end of the simulation. |

o | Net Profit: The net profit of the simulation. Is equivalent to: 'All Trades Net Profit' + 'Cash Return' - 'Margin Interest' |

o | Net Profit %. |

o | APR %: The annualized net profit percentage rate of the simulation. |

o | Cash Return: The interests received by the unused cash in the account. |

o | Margin Interest: The interests paid for the cash borrowed on margin. |

o | Commissions: The total amount of commissions paid. |

• | All Trades: |

o | Trades: The total number of trades. |

o | Ignored Trades: The number of trades ignored in the simulation (no sufficient amount of cash in the trade entry bar). |

o | Trades Net Profit: The addition of the net profit of each trade. |

o | Avg Profit/Trade: The average profit for each trade. |

o | Profit/Trade %: The average profit Percentage for each trade. |

o | Avg Bars held: The average number bars that the positions are held. |

o | Avg Profit/Bar: The average profit for each bar held. |

o | Profit/Bar %: The average profit Percentage for each bar held. |

• | Winning Trades: |

o | Win Trades: The total number of winning trades. |

o | Win Trades %: The percentage of winning trades. |

o | Win Gross Profit: The gross profit of the winning trades (addition of the net profit of each winning trade). |

o | Win Profit/Trade: The average profit of the winning trades. |

o | Win Profit/Trade %: The average profit percentage of the winning trades. |

o | Win Avg Bars held: The number of average bars that the positions are held for the winning trades. |

o | Win Profit/Bar: The average profit of the winning trades for each bar held. |

o | Win Profit/Bar %: The average profit percentage of the winning trades for each bar held. |

• | Breakeven Trades: |

o | Breakeven Trades: The total number of breakeven trades. |

o | Breakeven Trades %: The percentage of breakeven trades. |

o | Breakeven Avg Bars held: The number of average bars that the positions are held for the breakeven trades. |

• | Losing Trades: |

o | Loss Trades: The total number of losing trades. |

o | Loss Trades %: The percentage of losing trades. |

o | Loss Gross Profit: The gross loss of the losing trades (addition of the net loss of each losing trade). |

o | Loss Profit/Trade: The average loss of the losing trades. |

o | Loss Profit/Trade %: The average loss percentage of the losing trades. |

o | Loss Avg Bars held: The number of average bars that the positions are held for the losing trades. |

o | Loss Profit/Bar: The average loss of the losing trades for each bar held. |

o | Loss Profit/Bar %: The average loss percentage of the losing trades for each bar held. |

• | Drawdown: |

o | Max Drawdown: The maximum drawdown. |

o | Max DD %: The maximum drawdown percentage. |

o | Max DD % Date: The maximum drawdown date. |

o | Longest DD: The duration of the longest drawdown period. |

o | Max CE DD: The maximum drawdown taking into account only the closed equity (the equity excluding unrealized profit/loss). |

o | Max CE DD %: The maximum drawdown percentage taking into account only the closed equity (the equity excluding unrealized profit/loss). |

o | Max CE DD % Date: The maximum drawdown date taking into account only the closed equity (the equity excluding unrealized profit/loss). |

o | Longest CE DD: The duration of the longest drawdown period taking into account only the closed equity (the equity excluding unrealized profit/loss). |

• | Trade Efficiency: |

o | Avg Entry Efficiency: Shows how good the average entry signal is in respect to the best possible entry for the trade. |

o | Avg Exit Efficiency: Shows how good the average exit signal is in respect to the best possible exit for the trade. |

o | Avg Total Efficiency: Shows how good the average trade is in respect to the best possible trade. |

• | Outliers: |

o | Positive Outliers: The number of trades with a net profit greater than 3 standard deviations of the average net profit. |

o | Negative Outliers: The number of trades with a net profit lower than 3 standard deviations of the average net profit. |

o | Outliers Avg profit: The average profit/loss of the outliers. |

o | Outliers Gross Profit: The sum of the profits/losses of all the outliers. |

o | Select Net Profit: The Trades added net profit excluding the outliers. Compare to 'All Trades Net Profit'. |

• | Other Ratios: |

o | Exposure %: The percentage of capital that was invested over the course of the simulation. |

o | New Highs %: Percentage of bars on which a new equity high is made. |

o | Profit Factor: The Gross Profit of the simulation divided by the Gross Loss. |

o | Recovery Factor: The Total Net Profit of the simulation divided by the Maximum Drawdown. |

o | Payoff Ratio: The average % profit per winning trade divided by the average % loss per losing trade. |

o | Ulcer Index: The Ulcer Index measures a portfolio's overall volatility. A lower Ulcer Index indicates less volatility and drawdown. |

o | Ulcer Perf Index: The Ulcer Performance Index (Peter Martin) is similar to Sharpe Ratio and rates a trading system's return above a safe cash rate against risk represented by Ulcer Index. |

o | Luck Coefficient: The Luck Coefficient, shows how the largest trade compares to the average trade. The smaller the value, the better. |

o | Pessimistic RoR: The Pessimistic Rate Of Return estimates the worst-expected return. |

o | Sharpe Ratio: The Sharpe Ratio measures the performance of a strategy favoring strategies that result in smoother equity curves. |

o | Sortino Ratio: The Sortino Ratio is similar to the Sharpe Ratio using only the downside deviation instead of standard deviation. |

o | Expectancy: Expectancy is the expected profit per dollar risked per trade. If the trade has a Stop Loss defined then this metric takes into account it. |

o | Wealth-Lab Score: A metric used in the Wealth-Lab software in order to allow strategy results to be compared with one another. |

o | Megan Ratio: The MEGAN ratio, (Oscar G. Cagigas) shows the maximum exponential growth annualized of the equity curve of a trading system, highlighting the system that generates more returns per year when the profits are reinvested. |

o | MAR Ratio: The MAR Ratio, is annualized percentage return divided by the maximum percent drawdown. |

o | Lake Ratio: The Lake Ratio created by Ed Seykota is based on viewing equity as series of peaks and valleys filled with rain. Reference: http://www.seykota.com/tribe/risk/ |

o | Inv Lake Ratio: The inverse of the Ed Seykota Lake Ratio. Reference: http://www.seykota.com/tribe/risk/ |

o | APD Ratio: The APD Ratio (Average Profit To Drawdown), used on the Collective2 website. Higher is better. Greater than 1 is exceptional. |

o | APAD Ratio: APAD is similar to APD in interpretation. is produced by dividing the average profit of winning trades by the average drawdown. |

o | Perf Ratio: The Performance Ratio (Thomas Hoffman) is the average profit per trade divided by its standard deviation. |

o | KRatio: The K-ratio, (Lars Kestner), evaluates the monthly performance of an equity relative to its risk, taking as the risk the standard deviation of the monthly returns on the investment. |