Abbreviation: SystemDrawdown
Category: Trading Strategy: System Information
Input Parameters:
Name | Range | Default |
Trading Strategy | ||
Calculation:
(Largest Net Profit prior to trade entry) – (Net Profit prior to trade entry) – (Position Drawdown )
Discussion:
Returns the difference between the highest closed trade equity and the open trade losing equity. When graphed, provides a useful means of analyzing, troubleshooting and improving a trading strategy.