See your Profit/Loss
There are a few values in order to assess the state of your account in UniTrader.
P/L pips – The difference in pips between the Open price and Current price for each position.
Calculation: P/L Pips =
- Sell: = (Open Price – Current Rate) * 10^k * Amount;
- Buy: = (Current Rate - Open Price) * 10^k * Amount;
P/L – Profit or loss in the base currency for the transaction.
Calculation: P/L =
- AAA/USD: P/L Pips / 10^k;
- USD/AAA: P/L Pips / (10^k * (Ask(USD/AAA) + Bid(USD/AAA)) / 2);
- AAA/BBB -> USD/BBB: P/L Pips / (10^k * (Ask(USD/BBB) + Bid(USD/BBB)) / 2);
- AAA/BBB -> BBB/USD: P/L Pips / (10^k) * (Ask(BBB/USD) + Bid(BBB/USD)) / 2;
Net P/L – Profit or loss in the base currency for the transaction taking into account commissions, transaction fees and swaps. Calculation: Net P/L = P/L + Commission + Transaction Fee + Swap;
Equity – Figure at the closing position. Calculation: Equity = Balance + Summary P/L;
Used Margin – The amount of money in your account that is currently used to keep positions open.
Calculation: Used Margin = ∑(open positions) Margin;
Margin = Amount * Lots * Open Price * Cross Pair / Leverage;
Usable Margin – The amount that is currently available to open new positions; note that if you are gaining or losing on open positions, the amount of usable margin will differ accordingly. Calculation: Usable Margin = Equity – Used Margin = Balance + Summary P/L – Used Margin;
You can see summarized P/L in the following places of the workspace:
On the Trading Panel:
In the Account Information Window:
Also in the Open Positions window you are able to view each open position’s P/L individually.
In the Close Positions window you can see P/L for closed positions individually.
Also in the Close Position Dialog you can see P/L Pips, P/L and Net P/L for current position.