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Hi Brad:
There are three computations for drawdown. The Max TradeStation DD, The
Max Mark-to-Market DD, and the Max Closed Trade DD. You should know how
TradeStation computes DD. If you have a trade that goes long, is $5000 in
the hole 3 days later, is up $20000 10 days later and closes out with a
$10000 profit, TS would report a $5000 DD. The Mark-to-Market DD would be
$10000. The Closed Trade DD would be $0.
At 06:14 PM 7/16/00 -0400, you wrote:
>If any of you are using the stats scanner from Inside Edge
>Systems will you please explain the meaning of the three
>different outputs for drawdown--MaxTSDrawdown, MaxMTMDrawdown
>and CloseTradeDrawdown.
>
>I've been trying to figure it out from the code but I'm getting
>blurry-eyed and confused.
>
>Thanks for your attention.
>
>--
>Brad
Bill Brower
Email: 1000mileman@xxxxxxxxxxxxxx
Web Site: insideedge.net
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