# Instrument statistics¶

## Definitions¶

- The number of trades which have been done between and .
- The position closing price at moment : .
- The number of closed positions during the life of a strategy.
- The sum of profit or loss of the strategy: .
- The total sum of all closed positions with positive : .

- The total sum of all closed positions with negative : .
- The number of closed positions with positive value: .
- The number of closed positions with negative value: .
- The price with which a trade was done at moment , by the strategy.
- The quantity that strategy buys or sells at the moment .
- In each step of a strategy can either buying or selling an asset. The value of describes strategy’s position at moment .
- The maximum price with which a trade was done by the strategy up to the moment : .
- The minimum price with which a trade was done by the strategy up to the moment : .
- The best possible trade at moment : .
- The sum of the best possible trades: .
- The worst trade to be done at moment : .
- The sum of the worst possible trades: .

## Simple statistics¶

**Test Period From**- This is the time when the first trade was done by the strategy, its symbol is .
**Test Period Until**- This is the time when the last trade was done by the strategy, its symbol is .
**Best Trade**- This is the best position closing price, it is defined as follows

**Worst Trade**- This is the worst position closing price, it is defined as follows

## Average trade statistics¶

**Average Trade**- It is the average profit or loss of all the transactions made by the strategy. It is defined as follows

**Average Winning Trade**- It is the average price of closed position with , it is defined as follows:

**Average Loosing Trade**- It is the average price of closed position with , it is defined as follows:

**Ratio Average Win Average Loss**- It is the ratio between the expected profitable trade and expected unprofitable trade. It is defined as follows:

**Average maximum favorable excursion**- It is the average of best possible trades. It is defined as follows

**Average maximum adverse excursion**- It is the average of the worst trades. It is defined as follows:

**Average End Trade Drawdown**- It is the difference between the maximum excursion average and the average trade. It is defined as follows:

## Number of trades¶

**Total Number of TRADES**- Total number of all trades done by the strategy is equal to .
**Total Number of Short Trades**- Total number of short trades done by the strategy. It is defined as follows:

**Total Number of Long Trades**- Total number of long trades done by the strategy. It is defined as follows:

**Total Number of Winning Trades**- It is a number of closed positions which are profitable.

**Total Number of Loosing Trades**- It is a number of closed positions which are unprofitable.

**Percent of Profitable Trades**- It it the ratio, expressed in percents, between the number of winning trades and all trades. It is defined as follows:

## Profit/loss statistics¶

**Gross Loss**- It is a sum of all unprofitable closed positions. It is defined as follows:

**Gross Profit**- It is a sum of all profitable closed positions. It is defined as follows:

**PnL%**- It is the precentage change in the portfolio value, when the strategy is finished. It is defined as follows:

**Profit Factor**- It is a ratio between the ratio between total profit of all closed positions and the total loss of all closed positions. It is defined as follows:

**Net Profit**- It is the difference between the gross profit and the gross loss. It is defined as follows:

**Last Price**- It is the last market price of an instrument when the strategy is done. Its symbol is .
**Closed PnL**- Overall profit reduced by loss of all closed positions. Expresses actual accounted revenue of strategy at some moment . Calculated basing on all actual transactions (the volume and price of transaction are known). Denoted as .
**Estimated PnL**- Theoretical profit reduced by loss concerning only open positions, estimated basing on current market price and volume of instruments kept in strategy’s portfolio. Denoted as .
**Total PnL**- This statistic is defined as a sum of the two previous statistics.

## Other statistics¶

**Trading Period**- Length of period between strategy start and it’s finish.
**Longest Flat Period**- Length of longest period in which closing trades did not give any profit.
**Average Time In Market**- Average time of position being open, calculated among all already closed positions.