Hello! The screenshot shows that the maximum number of bars in the drawdown, before updating the maximum equity, is about 4500. For a minute chart, this is roughly 4 days. However, if you look at the timeline, you can see that the drawdown period on it is stretched for about a year. Why is that? Where is the truth? Still, the period of being in a drawdown is a year or 4 days ?
Rename
The period this system is under water is over a year, of course. The Y axis label is misleading. Truth is, the series are plotted not just bar by bar but with an increment being the minimum of 1 and Equity.Count / 20,000. For daily data it's usually 1. A 1-min backtest on cryptos adds up about 525K bars a year so for a 6 year backtest like this, the increment would be 3,150K / 20 ~= 158 bars. Multiply by 4,500 to get 708K, divide by 1,440 and get ~490 days of drawdown.
On a related note, the Extended Scorecard (PowerPack extension) always shows the exact period as "Longest Drawdown" (in bars):
https://www.wealth-lab.com/extension/detail/PowerPack
https://www.wealth-lab.com/extension/detail/PowerPack
Thanks for the report, Eugene fixed this issue for Build 10!
Your Response
Post
Edit Post
Login is required