Question about Strategy Analyzer

[omermirza]

Hello,

In Strategy Analyzer, is there a way to see your drawdowns before your position closes?

For example, sometimes a position will stay open, be in the red and then recover for a profit. I want to see how far down the position goes before it becomes profitable.

Is this currently available?

Thanks,

-Omer

[NinjaTrader_BrandonH]

Hello omermirza,

Thank you for your post.

Max drawdown could be viewed when running a strategy in the Strategy Analyzer window. The maximum drawdown statistic provides you with information regarding the biggest decrease (drawdown) in account size experienced from the highest high seen.

See the attached image demonstrating where max drawdown could be viewed.

Let us know if we may assist further.

[omermirza]

Thank you but isn't that after the position closes? I want to see the running max drawdown - while a position is open.

[NinjaTrader_BrandonH]

Hello omermirza,

Thank you for your note.

That is correct. That value would be the max drawdown after the positions close. It would not be possible to see the running drawdown when backtesting the Strategy Analyzer.

If you would like to see the drawdown forming throughout the trades life you would need to use the Playback Connection and modify your strategy so that it prints out the Drawdown of each trade.

You could track individual trades by using OnOrderUpdate(). You would create an order object and assign the order to it in OnOrderUpdate(). Then, check if the order object is not null and that the order object is equal to the order and print out the Drawdown.

See the help guide documentation below for more information.
OnOrderUpdate() - https://ninjatrader.com/support/help...rderupdate.htm
Drawdown - https://ninjatrader.com/support/help...8/drawdown.htm
TradesPerformance Values - https://ninjatrader.com/support/help...ancevalues.htm
SampleOnOrderUpdate() - https://ninjatrader.com/support/help...and_onexec.htm

Let us know if we may assist further.

[omermirza]

Thanks - I'll take a look.