Hey guys, it does not really mean how it is calculated. I know that it is a ratio between winning trades and losing trades :)
But if your SL and TP are different(and they are) this will mean that these criteria could be misleading.
For example, if you have SL 2 times bigger then the TP, it will mean that one negative trade will equal to 2 positive trades. And it will be different for any strategy…