Understanding drawdown

[brucelevy]

What does drawdown mean in the analyzer? Is it like a cumulative drawdown and if its a percentage, what is it a percentage of?

Thanks

[outsource]

What does drawdown mean in the analyzer? Is it like a cumulative drawdown and if its a percentage, what is it a percentage of?

Thanks

It's Max. Values incurred on Long and Short side.If % it's usually counts from the recent peak - peak to trough.

[NinjaTrader_Brandon]

Hello brucelevy,

Thanks for your post.

At the link below you can see all the statistic definitions, including Max Drawdown

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