What does these terms actually mean and how to calculate them?

Beginner Questions
1

Hello … i am a little bit confused with these terms. Every time i import a statement, i simply bypass these terms because i can’t understand them :60: . But i am sure they are really important.

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  1. Profit Factor
  2. Expected Payoff
  3. Absolute Drawdown
  4. Maximal Drawdown
  5. Relative Drawdown
  6. Difference between Maximum and Maximal

What does these terms actually means and how to calculate them.
Happy trading to all Fx-men :slight_smile:

2

I believe you’re looking for this link. :wink:

What the Numbers in the Expert Testing Report Mean - MQL4 Articles

3

Thank you very much Huck. that answers to my question. I have bookmarked the page and now i am ready to read it thoroughly with a cup of tea :smiley: