How to read Back Test report in Zerodha PI?

How to read Back Test report in Zerodha PI? Do you have any document which explains each item?

Please find attached report of example. It is back tested for one day with Minutes periodically. 

My questions are..

1) What is diff b/w ‘Total number of trades’ and ‘Average number of trades per month' ?
Total number of trades are less in counts and not matching with the actual counts for the day. But, actual counts of trades are matching with Average number of trades per month numbers.

2) How do you determine Number of profitable trades and loosing trades?

3) How do you calculate total profit, total loss and percentage of profit?

I am not able to calculate manually all these items by using each transactions(long & short) are highlighted in report.
Please advice.

Overview of Back Test Outputs


Total Number of Trades
Total number of trades including buy, sell, and exit trades.


Average Number of Trades per Month
Average number of trades per month, including buy sell, and exit trades.


Number of Profitable Trades
Total number of profitable trades since the beginning of the back test.


Number of Loosing Trades
Total number of un-profitable trades since the beginning of the back test.


Total Profit
Total profit since the beginning of the back test.


Total Loss
Total loss since the beginning of the back test.


Percent Profit
Percentage of profitable trades in since the beginning of the back test.


Largest Profit
Largest single-trade profit.


Largest Loss
Largest single-trade loss.


Maximum Drawdown
The maximum account drawdown, defined as the percent retrenchment from equity peak to equity valley. A drawdown is in effect from the time an equity retrenchment begins until a new equity high is reached.


Maximum Drawdown (Monte Carlo)
Same as Maximum Drawdown, except the test is repeated 5,000 times, with each test introducing a small random slippage. Preferred over regular drawdown.

For the Documentation and more details regarding Pi  go to Pi -> Help -> Help Contents

Find the explanation for all backtest metrics in the below link. It is same for Zerodha as well as Amibroker:

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