Average MAE 0.43% in red
Average MFE 0.70% in black
Average ETD 0.73% in red
I have read the definitions but was interested to know how to interpret these numbers. What MFE number is considered good? is it relative to the Average Winning Trade ( in my case 0.96%)?
What is the significance of the color coding?
For example if you have 0 draw down on a trade during its lifetime will the MFE be 100%?
In which case 0.7 is pretty low.
Comment