Trade performance ETD

[ScottI]

Hello, I am confused and need clarification. If my profit says $100 on a trade, and the ETD says $25, does this mean the end result was that it took $25 away from my trailing drawdown (so I was up $125 and let it come back to $100 when it closed)?
Similarly if I have a loss of ($200) on a different trade, but ETD says ($250) this also means that it took the $200 loss AND AN ADDITIONAL $50 from trailing drawdown?
Therefore if I add up ETD for winners and losers, that tells me what it took away from trailing drawdown for the day irrespective (or NET of) of wins?
Thank you for your time...

[NinjaTrader_ChristopherJ]

Hello Scottl,

Thank you for posting.

Correct this statistic returns a value that is 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.

Let me know if I may be of further assistance.