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And you divide the profit per month by the maximum drawdown and get a normalised criterion for all cases.
PS GROSS NET account differs from each other only in the withdrawal of funds from the account
GROSS account differs from NET account drastically.
The difference is in the methodology of closing orders, in the accounting of opening prices, in the possibility of having opposite orders (Gross) and the lack of such possibility (Net).
Recovery factor
"The recovery factor is calculated as the ratio of the absolute profit to the maximum drawdown.
The recovery factor is not suitable for comparing signals because it is not standardized in time.
"The recovery factor is calculated as the ratio of the absolute profit to the maximum drawdown."
Recovery factor is not suitable for comparing signals because it is not standardized in terms of time.
and do you want it calculated per day, month or hour?
it doesn't matter, as long as everyone is rationed the same... The alarms have adopted a month-by-month calculation.
Will the future versions of MT5 include the possibility of opening counter positions (locking) ? Or is one "average" position for an instrument made on purpose (to increase profits of forex brokers or for other reasons) and will not be changed in the future. This drawback outweighs all the advantages that MT5 has in comparison with MT4, because it prevents the application of many trading strategies and leads to losses where MT4 made a profit. Why did they do it this way and not leave it as it was?
There are MT5 Dealing Desk
which provide a service with a lock on MT5
open two instruments in one account
EURUSD.M1 - here we sell
EURUSD.M2 - here we buy
and there is no problem for lovers of LOCK
There are MT5 DILINES
which provide the service with a lock on MT5
there are two instruments open in one account at once
EURUSD.M1 - sell here
EURUSD.M2 - buy here
and there is no problem for lovers of LOCA
Yura, there is a better way. You can implement an order panel similar to MetaTrader4 terminal directly into MetaTrader5 and trade lots directly from it.
:-), Vasily ...
no way will help if you don't have the technical capability
:-), Vasily ...
no way will help if there is no technical possibility