Gross Profit x Gross Loss x Net Profit

[bouncetherubble]

Hi

Running NT8 backtesting, it seems the Gross Profit contains contains the Gross Loss, and the First minus the Second is the Net Profit.

This may be part of Accounting as a science, but I cannot figure out why Loss is computed as Profit....

Maybe naming it as Gross Volume ( in $) would work for the better as it can easily be understood as an overall Volume with no negative or positive signal.

Thanks
G

[NinjaTrader_RyanS]

Hello,

The gross profit is calculated by SUM(profit * quantity) of all winning trades.
The gross loss is calculated by SUM(profit * quantity) of all losing trades.

The net profit is the difference between these two values.

I've included further links to these definitions below if interested:

https://ninjatrader.com/support/helpGuides/nt8/statistics_definitions.htm

Please let us know if you have any further questions.

[bouncetherubble]

Thinking about that under this perspective, Yes, I can visualize that now... Seems very reasonable indeed.

Thanks,
G