MultiCharts: Trading Software for Automated Trading and Backtesting

Posted: **May 23 2016**

In the Optimization Report--

How is Max Intraday Drawdown calculated?

Thanks!

Posted: **May 23 2016**

Hello hoimlet,

Drawdown is the max loss you could have reached if you closed the trade at the max loss.

Posted: **May 23 2016**

Suppose:

On Day 1 there are two trades. Trade 1 drawdown is $100. Trade 2 drawdown is $70. Will Max Intraday Drawdown in the Optimization Report be $100 or $170?

Posted: **May 24 2016**

Hello hoimlet,

None of the two. Please study the description from the report window:

Max Intraday Drawdown
---------------------------------
Displays the greatest loss drawdown, from the previous highest equity run-up, bar to bar looking across all trades, during the specified period.
If a new bar equity run-up high occurs, the low equity value is reset to 0 so that the next maximum drawdown can be calculated from that point.

You can roughly see this value on a detailed equity curve graph by looking from the highest peaks to the lowest peaks moving forward.

MultiCharts: Trading Software for Automated Trading and Backtesting

Optimization Report - Max Intraday Drawdown

Optimization Report - Max Intraday Drawdown

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Re: Optimization Report - Max Intraday Drawdown [SOLVED]