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MAE, MFE, ETD, etc. signficance and interpretations

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    MAE, MFE, ETD, etc. signficance and interpretations

    Hello Support and Fellow Developers,

    I'm looking for detailed information on MAE, MFE, ETD, etc. I have read the definition page.
    https://ninjatrader.com/support/help...efinitions.htm [Edit: Fixed URL]

    I understand the definitions in concept but what I would like to learn more of the significance and how to interpret the graphical information.

    I just ran a strategy in Market Replay over nearly 4 months of data. I got good results but I have several large trade losses that I'm looking to eliminate to minimize drawdown. I think the following graphs are very helpful, but I'm not sure how to get the most from them.

    In short, can someone please provide a website/webpage/video that elaborates on these statistics?

    Thank you!
    Matt


    For the below graphs, I'm entering 4 different trade types (1 to 1, trailing, etc.) for every trade entry setup. Hence there are quite a few trades.
    Click image for larger version  Name:	image.png Views:	7 Size:	120.5 KB ID:	1223748​​
    I think what this ^ graph is saying that once a trades reaches about $300 in loss, cut the trade off and take the loss.


    Click image for larger version  Name:	image.png Views:	7 Size:	109.9 KB ID:	1223747
    I think what this ^ graph is saying is that once I reach about $1000 in profit, I need to do better in trailing so as to not result in a loss. It appears that I had a trades in about $1300, $2000, and $2600 of profit that resulted in a loss.

    Attached Files
    Last edited by StealthM93; 11-15-2022, 02:52 PM.

    #2
    Hi Matt, thanks for posting. The statistic definitions for all performance metrics can be found in the help guide here:


    This page gives a formula for each statistic so you can proof the results manually if you wish.

    Kind regards,
    -ChrisL
    Chris L.NinjaTrader Customer Service

    Comment


      #3
      Hi StealthM93. I want to learn also about those parameters. If Someone has anything to offer , much obliged.

      Comment


        #4
        Originally posted by NinjaTrader_ChrisL View Post
        Hi Matt, thanks for posting. The statistic definitions for all performance metrics can be found in the help guide here:


        This page gives a formula for each statistic so you can proof the results manually if you wish.

        Kind regards,
        -ChrisL
        Thanks Chris. I also read it. But need more. Thx.

        Comment


          #5
          Hi Chris,

          Thank you, that is the same link that I provide in my original post (now fixed). So, as I said, I understand the concept but looking for proper interpretation. Hopefully, the community here can be of assistance. I looked at some YouTube videos and they helped. But, I would be very appreciative of elaboration from our fellow strategy developers.

          Kind regards,
          Matt

          Comment


            #6
            Hi Isaac, thanks for posting. Can you specify the question that you have? Please provide as much detail as possible so I can help as effectively as possible.

            Kind regards
            -ChrisL
            Chris L.NinjaTrader Customer Service

            Comment

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