Performance Summary: Percent Profitable — TradingView (2024)

FAQs

What is percent profitable in TradingView? ›

The percentage of winning trades generated by a strategy. Calculated by dividing the number of winning trades by the total number of closed trades generated by a strategy.

The amount of money a trading strategy made for every unit of money it lost (in the selected currency). This value is calculated by dividing gross profits by gross losses.

The overall profit or loss (in the selected currency) achieved by the trading strategy in the test period.

TradingView says it's profitable and now plans to grow by expanding its brand globally. Along with offering its services to customers directly, it also wants to partner and integrate with major brokerage platforms.

Expressed as a percentage, it represents the portion of a company's sales revenue that it gets to keep as a profit, after subtracting all of its costs. For example, if a company reports that it achieved a 35% profit margin during the last quarter, it means that it netted $0.35 from each dollar of sales generated.

An NYU report on U.S. margins revealed the average net profit margin is 7.71% across different industries. But that doesn't mean your ideal profit margin will align with this number. As a rule of thumb, 5% is a low margin, 10% is a healthy margin, and 20% is a high margin.

To close a long position, it is necessary to place a sell market order, so the Profit&Loss will be calculated as the distance between the Bid price and Entry Price multiplied by quantity. Thus, the formula for a long position is: (Bid price - Average Fill Price)*quantity.

Profit Factor is defined as the sum of all winning trades divided by the sum of all losing trades. A Profit Factor above 1.50 is considered good enough and above 2.0 it is considered ideal. A strategy with profit factor less than 1.20 suggests too bigger a risk taken for making money.

OVERVIEW: This indicator aims to effectively show us the percentage change of the price within the time frame we have chosen. What is the purpose of this indicator? This indicator shows how the price changes for each bar at different time frames we have chosen.

TradingView was founded in 2011 by Konstantin Ivanov (CTO), Denis Globa (CEO) and Stan Bokov (COO). TradingView is headquartered in New York and has its European market headquarters in London.

What is the gross profit in TradingView? ›

Gross Profit is the profit that the company receives after deducting the costs associated with the sale of its products, for example, manufacturing costs. It is usually indicated in the income statement before the transfer of selling, general and administrative expenses.

Directly from the chart, you can quickly set your Take Profit and Stop Loss levels to align with your trading strategy. If you have an active trade, simply hover over it and drag the Take Profit to your desired level for execution.

But in general, a healthy profit margin for a small business tends to range anywhere between 7% to 10%. Keep in mind, though, that certain businesses may see lower margins, such as retail or food-related companies.

Win rate is how many trades you win, as a percentage, out of the total number of trades placed. Winning 5 out of 10 trades is a 50% win rate. Winning 30 out of 100 is a 30% win rate. Most professional traders have a win rate near 50% or less.

Approximately 1–20% of day traders actually profit from their endeavors. Exceptionally few day traders ever generate returns that are even close to worthwhile. This means that between 80 and 99 percent of them fail.