Edt

[Ragstoriches]

What is Average EDT?

[NinjaTrader_Emily]

Hello Ragstoriches,


Thank you for your post.


I am not sure about the Average EDT, although the Trade Performance window reports on the Average ETD. This means "Average End Trade Drawdown" and our help guide section (linked below) provides the following definition:

"This statistic returns a value that is useful in giving you a measure of how effective your exit conditions capture the price movements after your strategy enters a position. It shows you how much you give back from the best price reached before you exit the trade. A small number here is generally desirable since it would imply highly optimized exit conditions that capture most of the price movement you were after."

https://ninjatrader.com/support/helpGuides/nt8/index.html?statistics_definitions.htm#UnderstandingAverageEtd

If this is not the information you were looking for, please provide more details and we would be glad to help out.


Please let us know if we may be of further assistance.