Hello,
I also found that calculating
MAE(Maximum Adverse Excursion) and MFE(Maximum Favourable Excursion) could be very useful
There is 2 way to calculate MAE / MFE : on client side or on server side
Maybe the Myfxbook EA could calculate MAE and MFE and publish it on the website
or as scalpguy said calculate it on the server side.
I see that Mt4i has MAE MFE graph
They say MAE/MFE data is approximate but I don't know if they get this value on MT client side or on the server side.
After getting MAE/MFE you could draw
MAE_pips = f(outcome pips)
MAE_pips = f(MFE_pips)
MAE_pips = f(MFE_currency)
You could also draw a kind of candlestick plot
Each clandlestick is a trade
open = 0
close = outcome_pips
min = MAE
max = MFE
I also consider that floating operation should be considered.
Regards