Profit factor is total winnings divided by total losses. A profit factor of 1.45 means for every £1 lost, £1.45 was gained. Below 1.0 the system loses money.
It is a quick read on edge durability, but it should be paired with sample size and drawdown: a high profit factor over ten trades means little.
See it on your own trades.
Merlin computes the metrics and rule distances above from your imported history, and checks your next trade against them before you enter.
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Firm figures reflect published rules at the time of writing. Firms revise rules often, so verify against the firm's site before relying on them.
Merlin's gauges derive from closed trades. Your firm watches live equity including open positions.
MerlinTrade is independent trading-journal software and is not affiliated with, endorsed by, or sponsored by any prop firm. All trademarks belong to their owners.