22. 4. 2021

5 1

MAFE Profit Factor

I got the idea from @clonex (SQX Programming) Edge Ratio snippet and also from Timothy Masters idea to use intra trade data for profit factor score.

Each trade is counted as three separate trades:
For a profit trade it counts the open-trade -> MAE as a small loss then MAE-> MFE as a large win then MFE -> close-trade as a small loss.
For a loss trade it counts open-trade -> MFE as a small win then MFE -> MAE as a large loss then MAE -> close-trade as a small win.

EDIT Bug fixed

Subscribe
Notify of
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Oliver
17. 9. 2021 11:50 pm

Bentra – have you looked at his indicators he advocates such as his CMMA?