How to review MAE in $ amount

[Research101]

In the trade performance there is an average MAE (for single trade position?). I'm not sure if it's the same thing, but i'm trying to find out what is my maximum drawdown during an open (multiple) positions in $ amount aka the largest unrealized loss it reaches. How can i check for that?



Hope to get better understanding on the trade performance to assess my risk.

Thanks.

[NinjaTrader_ChrisL]

Hi Research101, thanks for writing in. The definitions for every statistic in the platform is defined here with a formula:

https://ninjatrader.com/support/help...tics_definitio ns.htm

There is no running drawdown, only Max, so your strategy would need to calculate that on its own while in an open position. It can be a simple C# varaible that keeps track of the lowest Unrealized PnL while in any given position.

Kind regards,
-ChrisL