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Why
does the PTP Calculator not show the current profit on Historical
PTPs ?
The
calculation of the Profit shown on the 'Entry Point Line'
is the difference between the 'Current Close' and the 'Entry
Point'.
Whilst the trade is active this figure is very useful.
However if one looks at a historical PTP Calculation the
difference between the Current Close and the Historical
Entry Price is meaningless as the trade will have closed.
TESS
uses the Trailing Stop to judge whether to display the 'Profit
Figure'.
If the trailing stop is breached then it assumes that the
trade is over and therefore does not display a profit figure.
As the real close price could be different to the trailing
stop by using scalps and other exit points it is best to
show no value at all.
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Reference:
Q080427f
Written : 27 April 2008
Revised :
TESS Real Time - Version 1.1.08
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