Forex profit calculations

AmiBroker
#1

Hi All

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

image

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.

image

I suspect the problem is to do with the settings i have used. Following are the setting.

image

image

Please can you help me understand what I am doing wrong here?

Regards,
Abhijit

#2

Hi

Adding the settings screen as well

image

Thank you for taking the time to read and will be great if you can advise.

Regards,
Abhijit

#3

You need to read this: http://www.amibroker.com/kb/2006/08/09/amibroker-for-forex/