Strategy Analyze Cum Max Drawdown Incorrect

[JakeOfSpades]

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Check the cumulative max drawdown column, for the second day 1/6/2017 which it made $251.64 in net profit, shouldn't the max drawdown be 0? It was a winning day, it shows $-144 for the max drawdown. Or is the cum max drawdown per trade and not day?

[NinjaTrader_Jesse]

Hello JakeOfSpades,

The table that you are looking at is broken into statistics per day but the information is generated based on the trades that were placed in that period of time. The row you are highlighting had a loss even though it was still a profitable day so the draw down would still be calculated because there was some drawdown during that period. The first row shows 0 because there was only a profit and no loss at all so there was no drawdown.

The help guide statistics page gives an example of how this would happen, if we make the assumption that the period was a single day and then apply this that will be why you are seeing an amount of drawdown.

As an example, your account rises from $25,000 to $50,000. It then subsequently drops to $40,000 but rises again to $60,000. The drawdown in this case would be $10,000 or -20%. Take note that drawdown does not necessarily have to correspond with a loss in your original account principal.

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

[JakeOfSpades]

Hello JakeOfSpades,

The table that you are looking at is broken into statistics per day but the information is generated based on the trades that were placed in that period of time. The row you are highlighting had a loss even though it was still a profitable day so the draw down would still be calculated because there was some drawdown during that period. The first row shows 0 because there was only a profit and no loss at all so there was no drawdown.

The help guide statistics page gives an example of how this would happen, if we make the assumption that the period was a single day and then apply this that will be why you are seeing an amount of drawdown.



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

Ah ok so the drawdown is calculated per trade not day.