Hi,
I am trying to understand my MT4 detailed statement which i dont really pay attention to until recently. Most of it is a cake walk (mean i know what it is), but there a few that i do not understand.
So can anybody help me by explaining what is the meaning and the calculation for profit factor, expected payoff, absolute drawdown, maximal drawdown & relative drawdown?
I attach the example of the MT4 detailed statement part for easy reference.
Any help is highly appreciated.
Thank you very much.
I am trying to understand my MT4 detailed statement which i dont really pay attention to until recently. Most of it is a cake walk (mean i know what it is), but there a few that i do not understand.
So can anybody help me by explaining what is the meaning and the calculation for profit factor, expected payoff, absolute drawdown, maximal drawdown & relative drawdown?
I attach the example of the MT4 detailed statement part for easy reference.
Any help is highly appreciated.
Thank you very much.