Bluntaxe - you are quite correct, and that's how I calculate it....

Bluntaxe - you are quite correct, and that's how I calculate it. The Blue bars represent the BUY SIGNAL, and I take the entry on the open of the next bar and it's the same for the SELL - I take the open of the next bar following the SELL SIGNAL for profit & loss calculations.

For the trade you highlight in the box, I have done exactly that. The exit arrow is RED indicating a loss which is documented as an 8.2% loss on my chart (your enlargement up has chopped off the P&L figures at the bottom of the chart). Profitable trades are indicated by a GREEN down arrow.

The very last trade in your picture is a 2.4% profit as per the bars.

I'm very happy to share any of these calculations with you.

Rgds