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Re: Profit/Loss Index Calculation



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Ton:

Perhaps the formula is something like this:

(P-L)/(P+L)*100.

This will vary between +100 and -100.

Your formula gives infinity if L=0.

regards

Lionel
----- Original Message -----
From: A.J. Maas <anthmaas@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Friday, October 29, 1999 5:28 PM
Subject: Re: Profit/Loss Index Calculation


> For Ratio results:
>
> The P/L-ratio:
> Divide the Profit outcome by the Loss outcome (eg "Profit/Loss")
>   -when on the good site the outcome will be plus ("+", eg positive)
>   -when on the bad site this will be minus ("-", eg negative)
>
> Regards,
> Ton Maas
> ms-irb@xxxxxxxxxxxxxxxx
> Dismiss the ".nospam" bit (including the dot) when replying and
> note the new address change. Also for my Homepage
> http://home.planet.nl/~anthmaas
>
>
> ----- Original Message -----
> From: Bruce K. Anderson <bruceka@xxxxxxxx>
> To: <metastock@xxxxxxxxxxxxx>
> Sent: donderdag 28 oktober 1999 21:35
> Subject: Profit/Loss Index Calculation
>
>
> > Does any know the math for the Profit/Loss Index that is produced in
the
> > Detail Summary Report after testing a trading system?  I can not
determine
> > the formula for the +100 to -100 range that is produced on the report.
> >
>
>