Drawdown calculation

Created at 14 Jan 2021, 12:57

Joined 29.12.2019

Drawdown calculation
14 Jan 2021, 12:57

Good afternoon,

may I know how do you calculate the "max balance drawdown"?

On the 7th of January my max BDD was at 22.84% and my balance was 513 USD.

On the 8th of Janaury I placed a total of 4 trades for a total closed PNL of -24.54USD and a total balance of 478.69 USD, but my max BDD went from around 22.84% up to 48.78%.

How is that possible?

On MyFX the max DD is still to 22.84%, as it should be.

@quantumtrading

Replies

PanagiotisCharalampous
14 Jan 2021, 13:02

Hi quantumtrading,

Can you please provice us with the strategy name?

Best Regards,

Panagiotis

Join us on Telegram

@PanagiotisCharalampous

quantumtrading
14 Jan 2021, 13:32

https://ct.icmarkets.com/copy/strategy/10527

@quantumtrading

quantumtrading
22 Jan 2021, 17:06

RE:

PanagiotisCharalampous said:

Hi quantumtrading,

Can you please provice us with the strategy name?

Best Regards,

Panagiotis

Join us on Telegram

Any update about this issue please?

@quantumtrading

quantumtrading
17 Feb 2021, 11:38

RE:

PanagiotisCharalampous said:

Hi quantumtrading,

Can you please provice us with the strategy name?

Best Regards,

Panagiotis

Join us on Telegram

Once again I am kindly requesting an update on this.

@quantumtrading

PanagiotisCharalampous
17 Feb 2021, 12:38

Hi quantumtrading,

There were some issues in cTrader Copy stats. The team is working on fixing them.

Best Regards,

Panagiotis

Join us on Telegram

@PanagiotisCharalampous

quantumtrading
22 Feb 2021, 16:38

RE:

PanagiotisCharalampous said:

Hi quantumtrading,

There were some issues in cTrader Copy stats. The team is working on fixing them.

Best Regards,

Panagiotis

Join us on Telegram

Thanks a lot for the answer. ETC?

@quantumtrading

PanagiotisCharalampous
23 Feb 2021, 08:36

Hi quantumtrading,

We do not have an ETA at the moment.

Best Regards,

Panagiotis

Join us on Telegram

@PanagiotisCharalampous

PhoenixCapital
17 Mar 2021, 05:37 ( Updated at: 21 Dec 2023, 09:22 )

RE:

PanagiotisCharalampous said:

Hi quantumtrading,

We do not have an ETA at the moment.

Best Regards,

Panagiotis

Join us on Telegram

Hi Panagiotis,

I am having a similar issues as well.

Also with the ROI which is based on equity figures, not balance/gains figures which is misleading.

Strategy is https://ct.icmarkets.com/copy/account/1189401-icmarkets

@PhoenixCapital

PanagiotisCharalampous
17 Mar 2021, 17:18

Hi to both,

Equity calculation issues have been resolved in recent update.

PhoenixCapital

I am having a similar issues as well.

Please provide more information so that we can investigate. What kind of issues? The equation used to calculate ROI can be found here.

Best Regards,

Panagiotis

Join us on Telegram

@PanagiotisCharalampous

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