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Max DrawDown % Calculation
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Max DrawDown % Calculation
Can you explain how Max DD% is calculate? See example in attached file. Tks2 PhotosTags: None
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In attached picture you can see max DD = $ 3,119 and max DD%= 2.48%. It makes no sense. Could you explain it better please? Thank you and sorry
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Hello wagner4691,
What is the trade with the greatest cumulative profit and what value is the cumulative profit for that trade?
What is the trade with the lowest cumulative profit after this?
From the help guide:
"As an example, your account rises from $25,000 to $50,000. It then subsequently drops to $40,000 but rises again to $60,000. The drawdown in this case would be $10,000 or -20%. Take note that drawdown does not necessarily have to correspond with a loss in your original account principal."Chelsea B.NinjaTrader Customer Service
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Hello wagner4691,
Thanks for your reply.
MaxDrawdown as a percent is similar to Cumulative Profit as a percent where the values are "reinvested" to create the statistic. Internally, the calculation itself uses Cumulative Profit as a percent as opposed to converting the value from another Display Unit.
As it is built off of Cumulative Net Profit as a percent, you can reference the Trades grid to see Cumulative Profit where draw down was greatest. This is then used for Max Drawdown as a percent.
Demo - https://drive.google.com/file/d/1plg...w?usp=drivesdk
Cumulative Net Profit (calculated as a percent) - https://ninjatrader.com/support/help...mulativeProfit
We look forward to assisting.JimNinjaTrader Customer Service
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