Daily Compound Interest Rate

[Glenn]

Hi David,

Could you please tell me how the "Daily Compound Interest Rate" value is calculated ie: a formula.

I have read in the manual that you use Total Net Profit and the Total Trade Duration but can't work it out. Thanks.

Cheers Glenn

[Glenn]

Worked it out in Excel...

=(POWER((Finishing Capital/Starting Capital),1/Total Trading Duration))-1

I want to compare actual trading results with backtested results.

Cheers Glenn

[David Samborsky]

Yes you got it. Simple compound interest law.