Hi there,
I have just been scrolling through MyfxBook and I find the Systems fascinating but I don’t know what some of the ratios represent …although I can guess.
Is there an explantion paper somewhere that i could read please …and i guess it would cover the systems in MQL5.
many thanks
Yes, start with the School of Pipsology under the Education tab on this forum. Use a reliable search tool to seek out an explanation of ratios. If you still haven’t found what you are looking for, ask a question on this forum, but be specific. for example, ask the question "what is the meaning of a PIP, or “what does a Sharpe ratio mean”. Please do the research first because you will find more and more that you do not need to ask those questions. But if you still don’t understand, do ask. It is like starting over at school. You don’t know what you don’t know and you then find it difficult to ask questions. Remember, there is no such thing as a stupid question. There are only stupid people who do not ask for help.