no problem:

Distribution of Returns (in %): at-any-time returns are sorted (‘ranked’) from best (equals 100%) to worst (equals 0%), and than I determine where the median (not the average) trade with respect to a specific setup is ranked in comparison to the at-any-time distribution of returns. e.g. a rank of 70% means that 50% of all setup specific returns are ranked in the top 30% of at-any-time returns, means the setup-specific distribution of returns is significantly positively skewed. It more a less a direct comparison between the distribution of setup specific returns and at-any-time returns.

Efficiency Long: Represents the sum of all positive returns (in order to check to what extend of the total sum of at-any-time gains were the setup able to catch).

Growth rate -longs-: It’s simply the geometric growth rate of all winnig trades in order to check if -and what extend- the setup were able to catch the top at-any-time winnig trades (those with the maximum rate of change).

Best,
Frank

Good work, as usual, thank you.

I have a question about terminology. Could you define the following terms:

Distribution of Returns (in %)

Efficiency Long

Growth rate -longs-

My apologies if these were covered earlier, I may have missed them.

Thanks.