I was wondering what everyone considers a good drawdown percentage for automated strategies.
I am currently running a strategy with a profit factor of 4.65 and a drawdown of 1.6 percent on the YM dow jones mimi. It was about $560 max drawdown in dollar amount.
Is this considered good ? It has low net profit right now of around $3500 for the last month and was tested real time on sim account. I had to test real time due to the renko bars. I am testing both calculate on close and its opposite.
What kind of numbers do you look for in your testing ?
thanks
for your help as I try to enhance my strategies.
Sincerely,
Shane
Comment