Bug? Or Misleading? - Unexpected Equity Drawdown value and percent

Created at 20 Jun 2018, 13:27
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jaredthirsk

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Joined 18.12.2015

Bug? Or Misleading? - Unexpected Equity Drawdown value and percent
20 Jun 2018, 13:27

Hi,

I'm making a bot that keeps positions open a long time and trying to make ones that have low equity drawdown percent.  

 

As you can see, the equity is around 4000 and drops to around 3600 which is a drawdown of around 10%.

However, cTrader 3.0 is telling me my max equity drawdown is only 0.66%, or $6.57.  That's off by a factor of 15!!

Is there some magical definition of 'equity drawdown' that I am not aware of or is this a bug?  Is Equity drawdown only updated when a position is closed?  (or any other event? Such as opened?)

 

Spotware, I can send you my bot code if you want to repro yourself.  But it's just a bot that keeps adding trades in a market that is trending over a long term.

Thanks

@jaredthirsk
Replies

PanagiotisCharalampous
21 Jun 2018, 09:36

Hi Jared,

Thanks for pointing this out. We are having a look at it. Any change you could share the cBot with us?

Best Regards,

Panagiotis

@PanagiotisCharalampous

jaredthirsk
21 Jun 2018, 11:58

RE:

Panagiotis Charalampous said:

Hi Jared,

Thanks for pointing this out. We are having a look at it. Any change you could share the cBot with us?

Best Regards,

Panagiotis

Sure, is there a way I can send it to you?

@jaredthirsk

PanagiotisCharalampous
21 Jun 2018, 12:09

Hi Jared,

Please send it at community@spotware.com.

Best Regards,

Panagiotis

@PanagiotisCharalampous

jaredthirsk
21 Jun 2018, 15:40

RE:

Panagiotis Charalampous said:

Hi Jared,

Please send it at community@spotware.com.

Best Regards,

Panagiotis

I sent it in.  Thanks for looking into it.

@jaredthirsk
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