Profit Factor – The ratio of a strategy’s gross profit to its gross loss. A profit factor above 1.0 means the system is profitable overall. For example, a profit factor of 2.0 indicates the strategy makes twice as much total profit as total loss.
Profit Factor – The ratio of a strategy’s gross profit to its gross loss. A profit factor above 1.0 means the system is profitable overall. For example, a profit factor of 2.0 indicates the strategy makes twice as much total profit as total loss.