Now, let's look into what Max Drawdown is and how it impacts your profits. In TradingView and in trading and investing in general, "Max Drawdown" (or simply "Max Draw") refers to the maximum peak-to-trough decline in the value of a trading account or an investment portfolio over a specific time period, typically expressed as a percentage.
The Max Drawdown is a measure of the largest loss that an account or portfolio has experienced from its highest point to its lowest point. It is an important metric because it helps traders and investors assess the risk associated with a particular strategy or investment.
Here's how you calculate Max Drawdown:
The Max Drawdown is a measure of the largest loss that an account or portfolio has experienced from its highest point to its lowest point. It is an important metric because it helps traders and investors assess the risk associated with a particular strategy or investment.
Here's how you calculate Max Drawdown:
Now, let's look into what Max Drawdown is and how it impacts your profits. In TradingView and in trading and investing in general, "Max Drawdown" (or simply "Max Draw") refers to the maximum peak-to-trough decline in the value of a trading account or an investment portfolio over a specific time period, typically expressed as a percentage.
The Max Drawdown is a measure of the largest loss that an account or portfolio has experienced from its highest point to its lowest point. It is an important metric because it helps traders and investors assess the risk associated with a particular strategy or investment.
Here's how you calculate Max Drawdown:
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