Performance Metric Questions

[GrumpyTrader]

Hi,
I've created a performance metric that is the StdDev of Profits. It differs from the internal Stddev calculation in that it isn't on a per unit basis. It just uses the raw net profit values irregardless of position size.

My question is with regard to calculating the non currency values (%, pips, etc). I'm not sure what the base is to calculate the values (i.e. what the denominator should be). It doesn't seem to be original equity. Can you guide me through it with the attached indicator?

[NinjaTrader_ChelseaB]

Hi GrumpyTrader,

I'm looking into this for you and I will let you know what I find.

I appreciate your patience.

[NinjaTrader_ChelseaB]

Hi GrumpyTrader,

Thank you for your patience.

I've inquired with my lead about how this should be done and found the following:

You would need to make a different calculation for each performance unit on each trade incorporating the formulas found in the help guide.

http://ninjatrader.com/support/helpGuides/nt8/en-us/?profit_and_loss_calculation_modes.htm

http://ninjatrader.com/support/helpGuides/nt8/en-us/?performancemetric_values.htm