Average Entry efficiency

Entry efficiency formula

Average Entry Efficiency = Sum((Maximum Possible Difference in Prices For This Entry)/
(Profit Potential))/Number Of Trades

Entry efficiency is defined as a maximum possible realized difference in prices from a trade that has the trade entry price expressed as a part of the total profit potential during that trade. Entry efficiency shows how well a system enters into a trade, if a signal is to go long — how close was the entry to the lowest point within the trading period, if the signal is to go short — how close was the entry to the highest point within the trading period