MAE, MFE, ETD, etc. signficance and interpretations

[StealthM93]

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.

I think what this ^ graph is saying that once a trades reaches about $300 in loss, cut the trade off and take the loss.



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.

[NinjaTrader_ChrisL]

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

https://ninjatrader.com/support/helpGuides/nt8/NT%20HelpGuide%20English.html?statistics_definitions.htm

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

Kind regards,
-ChrisL

[IsaacBillion]

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

[IsaacBillion]

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

https://ninjatrader.com/support/helpGuides/nt8/NT%20HelpGuide%20English.html?statistics_definitions.htm

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.

[StealthM93]

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

[NinjaTrader_ChrisL]

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