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Expectancy

Expectancy combines win rate with average win and average loss into a single number: a positive expectancy means the strategy makes money on average per trade, in R terms, over the sample it was computed from. A small sample can produce a misleadingly high or low expectancy — see the sample-size gate that governs when this product treats a Kelly-based suggestion as reliable enough to show at all.

Expectancy_R = (WinRate × AvgWin_R) − ((1−WinRate) × AvgLoss_R)

This explains what expectancy measures. It isn't investment advice — see the disclaimer.