View Full Version : What is ETD in performance report?
caeltrade
08-15-2006, 08:51 PM
According to the help, ETD is the average end trade drawdown. What is that?
NinjaTrader_Vincent
08-15-2006, 10:45 PM
Hi,
Please read the following:
http://ninjatrader.mywowbb.com/view_topic.php?id=716&forum_id=5&highlight=end+tra de+drawdown
Vince
caeltrade
08-15-2006, 11:02 PM
If I trade a 1 lot with a profit target at 10 ticks and a stop at 10 ticks, and the profit target is hit. Is the ETD then zero?
NinjaTrader_Dierk
08-15-2006, 11:29 PM
You need to understand MFE = max favorable excursion (related to MAE = max adverse execursion) concept. ETD is what you give back after reaching MFE until you finally exit.
I don't have the Sweeney book but I think MFE is the best price I could have got after entry. ETD sounds like the MFE less the actual exit.
In the case where my profit target is hit (before the stop), the MFE must be equal to the exit price and ETD is zero. Is this correct?
BTW, does NT have a ETA on version 6?
NinjaTrader_Dierk
08-15-2006, 11:57 PM
MFE (and MAE) usally are percentage values and not actual prices. Apart from that you are correct: ETD would be 0.
ETA NT6: Fall 06
MrTicks
09-29-2010, 05:16 AM
MFE (and MAE) usally are percentage values and not actual prices. Apart from that you are correct: ETD would be 0.
ETA NT6: Fall 06
Hi Dierk,
Are there any third party applications that I could feed the data into from the NT performance report that could help optimise stop loss and trailing stop levels? I have used the optimiser to help twek systems but as I use ATM calls in my strats, I have to edit the strats being optimised with stop loss and trail stops that accurately reflect my real trading systems. The optimiser is a good tool for me but am looking for something to examine actual performance.
So if there is anything you could recommend in terms of additional software or perhaps on online optimiser, I would really appreciate it.
Thanks,
Gavin.
NinjaTrader_Bertrand
09-29-2010, 05:52 AM
Hi Gavin, I'm not sure I follow you here - ATM's can't be back tested unfortunately, so using an external optimizer would not change it.
MrTicks
09-29-2010, 06:12 AM
Hi Gavin, I'm not sure I follow you here - ATM's can't be back tested unfortunately, so using an external optimizer would not change it.
Ok Bertrand thanks, was afraid you'd say that. Will focus on optimising strats with a manual stop loss call.