How to Read Backtesting report

Important thing to be considered at backtesting report:

  • Bars in test — the amount of the modeled history data in bars
  • Modeling quality — the quality of ticks modeled during testing in percents
  • Profit factor — the ratio between gross profit and gross loss in percents. The one value means that profit equals to loss
  • Expected payoff — This statistically calculated index represents the average profit/loss factor of a trade. It can also be considered for representing the expected profit/loss factor of the next trade
  • Absolute drawdown — the largest loss is lower than the initial deposit value
  • Maximal drawdown (%) — maximal loss of the local maximum in the deposit currency and in percents of the deposit
  • Profit trades (% of total) — the amount of profitable trade positions and their percentage in the total trades
  • Loss trades (% of total) — the amount of profitable trade positions and their percentage in the total trades
  • Average consecutive wins — the average amount of profitable positions in consecutive profitable series
  • Average consecutive losses — the average amount of unprofitable positions in consecutive unprofitable series