History data Grid

[pgabriel]

What does ETD stabd for in history grid...?

[NinjaTrader_Chris]

Miscellaneous Support

Hello,

ETD stand for the average end trade drawdown.

[pgabriel]

In the Performance ...trades ....tab ....the last column in the grid...

[KBJ]

Could you elaborate on how this is calculated?

Let me guess... If this is the amount of drawdown that happens during a trade, that sounds like for a long trade, it would be calculated by taking the entry price and subtracting the lowest-low between the entry and exit of the trade. If this is to be displayed in "Points", this difference is then multiplied by the amount of profit made per point (Instrument.MasterInstrument.PointValue).

Is this correct?

Why is the word "average" found in the description?

KBJ

[NinjaTrader_Dierk]

ETD = end trade drawdown = what you give back from your max favorite excursion until you finally exit the trade.

Sample:
- enter long at 100
- market goes to 110 -> MFE = 10
- market goes back to 107 -> ETD = 110 - 107 = 3

[KBJ]

That makes perfect sense. Thanks for the example.