Can @Streak explain formula for Backtest P&L % circled in below snapshot
It is Cumulative Return / Initial Capital X 100
No Initial capital for the specific scrip, that is the initial price of the stock.
so you mean capital employed i.e. Stock price x Qty Traded
@Streak What is meant by R in the backtest result ? Screenshot_20200823-212612~2|690x270 is it the return of underlying in the period ?
Yes, it is the amount of returns to stock/insturment would have generated on a buy and hold method during the backtesting period.