Expected payoff

The average profit or loss generated by each closed position within the strategy. This metric represents the statistical "expectancy" of the strategy—the amount you can expect to gain or lose on an average single trade.

Exclusions: This value is derived from realized results only and does not include current floating profits or losses from open positions.

Strategic value: A positive Expected payoff indicates a winning strategy over the long term, while a negative payoff indicates a losing strategy where the average trade results in a net loss.

Calculation Formula

The Expected payoff is calculated by dividing the total Net P&L by the number of total completed trades.