# Strategy Profit indicators and how they're calculated

Let’s take a look at the 2 main Strategy Profit indicators and how they're calculated - Total Profit % and Today’s Profit %.

## Total Profit %

In the simplest case, Total Profit % indicator reflects the percentage change of the Initial Equity - if the manager didn't deposit to or withdraw funds from the Strategy account. Initial Equity of a Strategy is the amount of funds allocated toward the Strategy by the manager at the moment of Strategy creation.

However, if there were Deposits/Withdrawals made by the manager to/from the Strategy, they will be taken into account. In this case, Total Profit % is calculated as a compound percentage of all separate Profit or Loss percentages of all periods between one deposit/withdrawal to the next one.

An example of a Strategy Total Profit % calculation is provided in the table below along with an explanation.

### In this example:

1. A Manager created a Strategy with an Initial Equity of \$100. They made a profit of \$50 (+50%): the Strategy's Equity became \$150.

2. The manager then deposited an additional \$100 deposit, bringing the Equity to \$250. After this, the manager earned an additional \$50 in profit. However, this \$50 profit was made on top of the Equity of \$250 after the last deposit, thus it was a 20% profit. Compounded with (not added to!) the previous 50%, the Total Profit % became 80% — see calculations in the table below.

3. The manager then withdrew \$200 from the Strategy, leaving it with \$100 Equity. They further suffered a loss of -\$50 or -50%. Compounded with (again, not added to!) the previous +80%, the Total Profit % became -10% — see calculations in the table.

It is important to note that in this example the Total Profit earned was +\$50 (positive), but Total Profit % was -10% (negative).

 Deposit (+) or Withdrawal (-) Equity after D/W P/L in the selected period Total P/L, \$ Profit % in the selected period Compound Product Total Profit,% 1.Initial Equity: \$100 \$100 +\$50 +\$50 +50% 1.5 +50% 2.Deposit: +\$100 \$250 +\$50 +\$100 +20% 1.5*1.2=1.8 +80% 3.Withdrawal: -\$200 \$100 -\$50 +\$50 -50% 1.8*0.5=0.9 -10%

## Today's Profit %

Today’s Profit % indicator reflects the change in Equity since the start of the current day (as opposed to the change of Initial Equity).

### Example:

1. A Strategy manager allocated \$100 toward his Strategy. This is the Initial Equity.

2. The Strategy manager has traded for some time and has made a \$60 profit (60%). The Equity of the Strategy has already grown from \$100 to \$160. The Total Profit % = 60%

3. The trader decides to trade again and makes a \$5 profit bringing their Equity to \$165.

The \$5 increase in Equity from \$160 to \$165 will result in:

• Increase of initial \$100 Equity by \$5 = 5% increase of Total Profit %

• Increase of today's Equity by \$5 from \$160 = 3.12% increase in Today's Profit % (because \$5 is 3.12% from \$160)

Based on the information above, when reviewing Strategy statistics it is important to keep in mind that Total Profit % and Today's Profit % are different indicators the value of which will differ from one another based on numerous factors:

• Initial Equity of a Strategy

• Deposits to a Strategy

• Withdrawals from a Strategy

• Equity changes due to realized and unrealized P/L, trade fees and overnight financing