Maximum Adverse Excursion vs. Largest Loss

[aaadetos]

Morning y'all!
I'd like someone to kindly explain why the largest loss may exceed the maximum adverse excursion.
So when I pull up the analysis tab in Strategy Analyzer, I like to look at the Profit/Loss vs. MAE chart to see where it makes sense to set a stop-loss for the strategy But I often see that the reported largest loss often exceeds the MAE. Maybe there's something I don't understand about the MAE?

From the help guide, MAE (max. adverse excursion) is defined as worst price trade reached – entry price.
So why does the Largest Loss exceed the MAE? The Largest Loss should happen at the worst price reached , no?
Does the chart actually plot on the x-axis, the maximum adverse excursion or the AVERAGE Maximum Adverse Excursion? If the later is the case, the charts need to be updated to avoid this confusion. Otherwise, kindly explain this phenomenon, please.

Thank you!

[NinjaTrader_ChrisL]

Hello aaadetos, thanks for writing in.

The chart is plotting the average MAE. The chart could be more clear on that aspect, Ill suggest a change for this. If you switch to the Trades view or Analysis>Trades view of the strategy analyzer you can look at a trade-by-trade breakdown of each trade statistic.

Kind regards.

[aaadetos]

Thanks Chris. Also when you request the change, could you maybe also suggest that other default charts be added: P/L vs. MAE for instance? Or the ability to pick and choose what to plot? or change the axes variables? I think a lot of your clients would benefit from this. Thanks again!

[NinjaTrader_ChrisL]

Hello aaadetos, thanks for your reply.

Noted. I will submit a feature request to our development team and follow up with the feature tracking ID.

Thanks in advance for your patience.

[aaadetos]

Thanks Chris!

[UltraNIX]

Add my vote as well, it's useful.