Profit Factor Calculator

Six-step workflow

1. Copy current values from the official account, platform, or journal.
2. Keep every unit consistent; do not mix ticks, points, pips, dollars, or percentages.
3. Enter the planning assumptions without changing them to force a preferred answer.
4. Calculate and read every output, including the warning below the headline number.
5. Verify instrument specifications and binding firm rules at the official source.
6. Save the result with its date and compare it with what actually happened.

Understand the output

Formula: Profit factor = gross winning dollars ÷ gross losing dollars. Net result subtracts losses and entered costs.

Worked example: $6,400 of gross wins divided by $4,200 of gross losses gives a 1.52 profit factor before considering whether one outlier dominates the sample.

Common mistakes: using net wins in the numerator, excluding losing fees, ignoring outliers, and comparing unlike strategies.