How is "Expected Payoff" in the Tester calculated and is a figure of 1459.97 exceptional?

 

I am busy creating my first EA and had the following results:

Total net profit 169356.07 Gross profit 735527.38 Gross loss -566171.31

Profit factor 1.30 Expected payoff 1459.97

How is the "Expected Payoff" calculated?

Which is more important: The Profit Factor or the Expected Payoff?

 

Profit Factor

and lets not forget Drawdown along the way!

-BB-

 

Never really understood what all those other numbers mean.

I keep an eye on net profit, and the only thing I focus on is Drawdown. Ultimately, which ones are more important or not depends on your strategy.

For eg, I was testing an EA which included hedging as one of its strategies. Its drawdown was nothing to get excited about. Neither was its net profit.

Reason: