Thank you, Xplorer . I hope others will respond.

bruno010 

Hi, I backtest a strategy with Strategy Analyzer on NinjaTrader. I have unexpected results to be true. Example: In a month I get $ 1.523 796.00 !!! for the period 1 May 2015 to 29 May 2015 (1 month). So I look at the details of the trades and I see that the results are wrong. Example: - 3 Long (3 x 50000) on USDJPY with entry and exit 119.78 to 119.82. Normally, the real result is 4 pips only. The backtest result gives me a gain of 3 x $ 1997.00 !!!. Attached 2 copies screen results (summary and detail). How to interpret these results?. Where is the error. Thank you for your explanations. ]

The result is correct, but your position isn't what you think it is.

First the math:
50000 x 119.82 - 50000 x 119.78 = $2000
$2000 - $3 commissions = $1997

Second step:
And now you can check if you really wanted to enter on 50000 x 119.82, let alone 3 times.


P.S.: To do a cross-check if it isn't only a faulty currency unit, select e.g. a €-denominated
asset like the CAC40 or the FDAX. If the analyzer unit stays $, the USDJPY result in the analyzer
(erroneously) is USD instead of JPY. You can also test that on sim.

I just realized :

For a standard Forex lot (100000), the pip is worth 0.0001 for EURUSD, but for the USDJPY, the pip worth 0.01.
So for a lot of 50,000, the pip USDJPY worth 50,000 x 0.01 x 4 pips = $ 2,000 - $ 3 = $ 1,997.

Sorry for the confusion regarding the pip value relative to the relevant currency pair.

Thank you all for your answers.