Abbreviation: SystemEquityLong
Category: Trading Strategy: System Information
Input Parameters:
| Name | Range | Default |
| Trading Strategy | ||
Calculation:
(Gross Long Profit ) – (Gross Long Loss ) + Open Long Position Profit
For long trades,
Open Position Profit = (current closing price – entry price) * shares – entry & exit commissions
Note that the entry price incorporate any specified slippage and/or point value.
Discussion:
Returns the total dollars profit/loss for all previous trades combined with any open position profit/loss. When graphed, provides a useful means of analyzing, troubleshooting and improving a trading strategy.