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Hello, I don't understand how "Z-Score" formula can work without such variables as win/loss (or average win/loss) per trade.
If I have double more wins than losses, but my losers are 5 times greater than winners, will I get a correct result using this formula?
Does anybody use this formula and can explain me this?
Does anybody use this formula and can explain me this?
This is not needed for trading, look at it as a curiosity and don't spend time on it!
But heed the warning about all or most of your profits coming from one trade, or very few trades. I developed an EA some years ago which did just that!
