What is the MFE MAE ETD Column in Strategy Analyzer
Attached the resort generated in Strategy Analyzer -Trades Can you point me to documentation where I can find all this details related to MFE MAE ETD Column
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Hello footer lines,
Thanks for your post.
MAE returns a value representing the average maximum run-down your trades experience. This information helps you gauge how poorly your entry conditions predict upcoming price movement directions. A low percentage here is desirable since it would imply that the price movement after you enter a position follows the direction of your intended trade.
MFE returns a value representing the average maximum run-up your strategy experiences. This information helps you gauge how well your strategy’s entry conditions predict upcoming price movements. A high percentage here is desirable since it would imply high profitability opportunities.
ETD returns a value that is useful in 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.
See this help guide page for more information about Statistics Definitions: https://ninjatrader.com/support/help...efinitions.htmBrandon H.NinjaTrader Customer ServiceComment
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