> > > I'm looking forward to the implementation of "Average Profit to Drawdown > (APD)". Eugene, where can I find the formula for this? I have seen a > discussion about APD on the Collective2 site but actually not found the > formula itself. > > > Here is the APD discussion: http://www.collective2.com/forum?apd-discussion-ii
The way I calculate it is this: 1. For every trade, calculate the maximum open trade drawdown. For example, if the position was down as much as $200 down before it was closed with a $200 profit, the max open trade drawdown is $200. 2. Sum all all maximum open trade drawdowns. Let's call it ADD (all drawdowns) 3. Divide total net profit by ADD. The resulting ratio is APD (Average Profit to Drawdown). -- You received this message because you are subscribed to the Google Groups "JBookTrader" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/jbooktrader. For more options, visit https://groups.google.com/groups/opt_out.
