Add a column for draw down on each trade, there are 11 columns at present. Each draw-down must be marked in pips or % of equity , whatever might be suitable.

GridsForPips posted:
Thought about it, what you want is a column that shows how much DD a History trade created before closing in profit?


yes, one could do also do it graphically , it quantifies the risk/reward ratio. As a general rule if you make 10pips profit your drawdown should be no more than 10pips for a 1:1 profit ratio. Each trade's pip:drawdown ratio is then weighted as a % of deposit or equity. Every single weighted trade is then combined and then averaged for a single parameter which we shall call
Weighted pips gain : weighted draw down (pip-gain-factor). Thus a standard lot trade that employed 10% of equity for a gain of 10pips for a draw down of 10 pips will have a higher positive pip-gain-factor than a micro lot trade that generated 100 pips for a a draw down of 10 pips.

One could take either the equity or initial deposit to generate this pip-gain-factor, we must discuss this further.

But, again this makes gridbased systems look bad, because of the nature of gridsystems.

Mine is about historical highs and lows, Moving Averages and dynamic centerline trading very small lots, which can generate huge DD against profitpips, although the strategy is profitable in the log run...(I hope)

Cheers

Soeren

http://www.forexfactory.com/showthread.php?p=4011537#post4011537
Let's focus on this point a bit here. Can you disclose here how you have audited for each of your 'managers' the following:
   1. Operational risk
   2. Investment risk
   3. Liquidity risk
And can you disclose the full audit protocol and audit trail for each of your managers?
Furthermore can you disclose the individual investment and risk processes of each of your managers?

Poster cloggie from FF has some additional insights we could incorporate. We need to have a database of every winning system from collective2.com, tradency, currensee , myfxbook.com and zulutrade.com in CSV format. Program a python, excel or ruby script on code.google.com that will allow one thus to automatically scan through thousands of systems to reduce the system that generates returns for acceptable risk to be identified and placed in some ranked order.

Zulutrade.com trading history can be downloaded using a screen scraper and windows automation script. We would all agree that it is getting annoying having to click through endless pages of systems only to discover the broker is from Russia.

Basic % increase / decrease per per closed trade I feel would be the best ..........