Average win/loss calculation vote results
Average win/loss calculation Discussion
Mar 22, 2010 at 17:54
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1 Replies
Mar 22, 2010 at 17:54
I'm not sure whether this has been discussed already, neither whether this is the right place to post this message. Sorry for any inconveniences though. The search did not result with any post related.
I wonder how the 'average win' and the 'average loss' are calculated in the Advanced Statistics tab. As it appears to me, only wins are taken for the average win value, and only the looses are taken for the average loss. Is this correct? Shouldn't it be more meaningful to calculate the average win/loss over the total number of trades in history/custom analysis?
Secondly. I suggest to add another section into the Community forum: Myfxbook. A place to post topics regarding this great website not necessarily suggestions.
Aimak
I wonder how the 'average win' and the 'average loss' are calculated in the Advanced Statistics tab. As it appears to me, only wins are taken for the average win value, and only the looses are taken for the average loss. Is this correct? Shouldn't it be more meaningful to calculate the average win/loss over the total number of trades in history/custom analysis?
Secondly. I suggest to add another section into the Community forum: Myfxbook. A place to post topics regarding this great website not necessarily suggestions.
Aimak
exquisite entries with calculated exits
Member Since Jul 31, 2009
1444 posts
Mar 22, 2010 at 18:08
Yes, your assumption is correct - average win shows an average win of all of your winning trades, the same goes for the average loss.
What you're asking for is actually an (average win : average loss) ratio, which will produce an average trade metric (in pips or deposit currency).
It's a good suggestion, so we'll definitely add it - thanks! 😄
Regarding your second suggestion - feel free to post any Myfxbook related discussions in the general area. If you have any special requests, just use the suggestion box, or send us a private message.
Thanks again!
What you're asking for is actually an (average win : average loss) ratio, which will produce an average trade metric (in pips or deposit currency).
It's a good suggestion, so we'll definitely add it - thanks! 😄
Regarding your second suggestion - feel free to post any Myfxbook related discussions in the general area. If you have any special requests, just use the suggestion box, or send us a private message.
Thanks again!
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