Intratrade Drawdown Calculations

[CaptainFill]

Hello,

Is there any way that I can calculate intra-trade drawdown on trades?

Thank you!

[NinjaTrader_JC]

Hello CaptainFill,

Yes, you may use the "TradesPerformance" reference to be able to get the "DrawDown". We have an example of it that you may view on our Help Guide at the following link.

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?drawdown.htm

Happy to be of further assistance.

[nathanfranke]

I just checked and the TradesPerformance drawdown is most certainly inter-trade, not intra-trade. It can be closely estimated with MFE and MAE though, but not perfectly since peaks and troughs can be anywhere within that range of MFE and MAE.