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