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Clearer chart of drawdown example:
http://www.metastocktools.com/URSC/chart-3.png
--- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva" <josesilva22@xxx>
wrote:
>
> Check out this chart from the February issue of MSTT
> ( http://www.metastocktips.co.nz ):
> http://www.metastocktools.com/URSC/t-chart-3.png
>
> In this example, maximum drawdown is measured as 17% (and not 11%
> from 0% profit, as measured by some traders). The basic profit
> indicator code used in this example can be found at
> http://www.metastocktools.com/#metastock under "System/signal
> indicators" section, "Profit curve" link.
>
> I would use either this profit indicator or Roy's TE indicators to
> measure profit/drawdown, and stay clear of the System Tester.
>
>
> jose '-)
> http://www.metastocktools.com
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, chichungchoi <no_reply@>
> wrote:
>
> Does anyone know where to look for maximum drawdown in Metastock's
> Summary report?
> Is Maximum Drawdown equal to highest Loss under unprofitable Trades?
> or
> Is Maximum Drawdown equal to long / short Adverse under Maximum
> Position Excursions?
>
> Does anyone have any idea?
> Thank for any suggestion
> Eric
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