Please FIX the wrong %DD. It ıs not reflecting the truth!! Votes Results
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Please FIX the wrong %DD. It ıs not reflecting the truth!! Discussion
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walker36

Medlem sedan May 13, 2011  1341 poster Steve Walker (walker36) Sep 15 2011 at 10:51
%DD is not correct in any account

Trade The Trend! Defend To Price!
soulfire

Medlem sedan Jul 20, 2011  23 poster soulfire Sep 24 2011 at 00:24
I agree. Why not add daily Equity Drawdown % as a second statistic underneath the current daily Balance drawdown %?

This statistic is equally as important. A system may look safe with a closed trades drawdown of just 10% but may be high risk with actual open equity drawdowns of 60%. Is this currently displayed anywhere other than visually on the chart?

This is critical to comparative analysis of the risk and safety of different systems.

SnapTradeFX

Medlem sedan Jul 30, 2011  71 poster SnapTradeFX (SnapTradeFX) Sep 28 2011 at 11:08
Absolutely, I totally agree, this is a very very good way to judge how reliable systems are and if they are actually applying the strategy they boast.

Riding waves always leads to a fall
soulfire

Medlem sedan Jul 20, 2011  23 poster soulfire Oct 05 2011 at 07:20
A parallel issue to this is the delay in showing the latest drawdown figures visually on the chart.

The chart only updates each day if a trade is closed on that day - so if no trades have been closed there is no chart information shown. This is a problem as a system may be slipping into deeper equity drawdown each day which is hidden until a trade is closed and the chart updates.

It would be good for the chart to update each day even without a closed trade so we can see that even if the balance line remains static the yellow line is changing to reflect the varying equity amount.

walker36

Medlem sedan May 13, 2011  1341 poster Steve Walker (walker36) Oct 05 2011 at 07:52
agree!


   soulfire posted:
   A parallel issue to this is the delay in showing the latest drawdown figures visually on the chart.

The chart only updates each day if a trade is closed on that day - so if no trades have been closed there is no chart information shown. This is a problem as a system may be slipping into deeper equity drawdown each day which is hidden until a trade is closed and the chart updates.

It would be good for the chart to update each day even without a closed trade so we can see that even if the balance line remains static the yellow line is changing to reflect the varying equity amount.

Trade The Trend! Defend To Price!
daily_martingle

Medlem sedan Apr 18, 2011  239 poster Adolf (daily_martingle) Oct 08 2011 at 18:52
personally one time i had an account which monitored it in myfxbook , i had 60% DD but at the end of the day all trades closed it profit , it on myfxbook control panel DD was 2% .

*** I am a human and I'm not strange of humanity ***
ForexScam

Medlem sedan Mar 28, 2011  1008 poster ForexScam Oct 25 2011 at 12:00

   daily_martingle posted:
   personally one time i had an account which monitored it in myfxbook , i had 60% DD but at the end of the day all trades closed it profit , it on myfxbook control panel DD was 2% .


exactly.

I think real time drawdown is right around the corner.

Since we have live data quotes in the Footer Tool Bar, MFB is streaming real time. This was the needed ingredient to add Real Time DD statistics.

I know that some brokers quotes will not match this stream, and perhaps we'll need a Warning: sign mentioning that ' This system's data feed does not match our Real Time Feed, therefore statistics are not 100% accurate.'

The other concern would be that the users system could avoid updating while in excessive DD, and then update their system once the DD period is over. If this is the case, MFB would have to run all preexisting trades against historical data to configure 100% accurate statistics..... any other ideas?


One Pip At A Time: Pipinvestment
daily_martingle

Medlem sedan Apr 18, 2011  239 poster Adolf (daily_martingle) Oct 25 2011 at 13:44

   ForexScam posted:
   
   daily_martingle posted:
   personally one time i had an account which monitored it in myfxbook , i had 60% DD but at the end of the day all trades closed it profit , it on myfxbook control panel DD was 2% .


exactly.

I think real time drawdown is right around the corner.

Since we have live data quotes in the Footer Tool Bar, MFB is streaming real time. This was the needed ingredient to add Real Time DD statistics.

I know that some brokers quotes will not match this stream, and perhaps we'll need a Warning: sign mentioning that ' This system's data feed does not match our Real Time Feed, therefore statistics are not 100% accurate.'

The other concern would be that the users system could avoid updating while in excessive DD, and then update their system once the DD period is over. If this is the case, MFB would have to run all preexisting trades against historical data to configure 100% accurate statistics..... any other ideas?




sure
like zulutrader. no one cant escape from DD , they are monitoring your account even your pc in turned off , or your MT4 platform is closed

*** I am a human and I'm not strange of humanity ***
walker36

Medlem sedan May 13, 2011  1341 poster Steve Walker (walker36) Oct 25 2011 at 13:52
the update frequency is the key. for updating accounts MFB dont need the trader computer due it has the investor pass. so the issue is the MFB should scan all accounts frequently and the BETA version accounts should be used.


Trade The Trend! Defend To Price!
ForexScam

Medlem sedan Mar 28, 2011  1008 poster ForexScam Dec 09 2011 at 20:25
bump

One Pip At A Time: Pipinvestment
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