Hope you all are having a great year.
I am testing a forex trading system and I see a different profit number in back testing than what i actually get in trading. Let me explain with an example of AUDCAD paid.
In the system profit is calculated as movement in price * position value.
in the example below it would be (0.9462 - 0.9368473) * 420240.03 = 3930.38
However in trading I see that the actual profit is (trade entry - trade exit) * position value / exit rate. In the example i have pasted above the profit would have been (0.9462 - 0.9368473) * 420240.03 = 3930.38 / 0.9462 = 4153.85.
I suspect the problem is to do with the settings i have used. Following are the setting.
Please can you help me understand what I am doing wrong here?