Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
I am new to Forex trading. I am using an EA on demo account which has the following drawdown numbers from back testing. In simple terms, what do those numbers mean?
Absolute drawdown - the drawdown past your original starting point (if your account grew from £10,000 to £20,000 but then lost £15,000 you absolute drawdown would be £5,0000)
Maximal drawdown - the maximum loss sustained by the account (if your account grew from £10,000 to £20,000 but then lost £15,000 you maximal drawdown would be £15,0000)
Relative drawdown - same as above but shown as percent of the account
I am trying to understand that if I start with 10,000, then how much money I can invest with this EA without getting a margin call. This EA has stop loss of 210. Looks like I can invest 2000-2500 out of 10,000 and would never get a margin call. Correct?
its not how much you have in your account, but how big you trade relative to whats in your account but if your absolute drawdown is £3,000 then your probably going to be ok with £5,000
draw down is cummulative your several loss in trade. and draw down max is newest (highest) cummulative of your several losses in your trade.
relaive draw down is your average of draw down.
draw down is cummulative your several loss in trade. and draw down max is newest (highest) cummulative of your several losses in your trade.
relaive draw down is your average of draw down.
draw down be used for look for the max draw down and max draw down is used for count how much money will be need to start trade with effectively follow certainly trade system or your trade style.
Does anyone know of an EA that will record and display the maximum drawdown on my account balance for the day.
I am unable to monitor my PC and need to know the max drawdown that has occured whilst I have been away. Thanks.
It should display the results like this:
Maximum Drawdown for 19th Sept 22%
Maximum Drawdown on account balance - $ 1280