List of trades: Favorable excursion

The  favorable excursion of the trade according to the strategy, as well as the maximum percentage gain.

Let's look how its value is calculated:

In this trade, we entered a long position on Bitcoin (BTC/USD) at a price of $105,585.2, and exited the trade at a price of $107,613.3.

While the position was open, the highest price reached was $110,719.0.

The Run-up is calculated as follows:

$110,719.0 (Highest Price) - $105,585.2 (Entry Price) = $5,133.8

The percentage value is calculated as:

(5,133.8 (Run-up) / 105,585.2 (Entry Price)) × 100% ≈ 4.86%

You can find the favorable excursion value in the Strategy Tester in the Favorable excursion column on the List of trades tab