Returns a negative numerical value, indicating the largest decline in equity for the entire portfolio during the trading period.
Usage
Portfolio_MaxIDDrawdown
Notes
- This function can only be used in signals intended to be used with the Portfolio Backtester.
- Use Portfolio StrategyDrawdown to get the current decline in equity for the entire portfolio from the peak value for the entire trading period.
- Use Portfolio NetProfit, Portfolio GrossProfit and Portfolio GrossLoss to get the net profit, gross profit and gross loss for the whole portfolio for the whole trading period.
Example
Portfolio_MaxIDDrawdown
Will return a value of -500 if the largest decline in equity during the entire trading period was $500.