Portfolio StrategyDrawdown

Returns a negative numerical value, indicating the current decline in equity for the entire portfolio from the peak value for the entire trading period.

Usage

Portfolio_StrategyDrawdown

Notes

• This function can only be used in signals intended to be used with the Portfolio Backtester.
• Use Portfolio MaxIDDrawdown to get the largest decline in equity for the entire portfolio during the whole trading period.

Example

Portfolio_StrategyDrawdown

Will return a value of -100 if the current decline in equity from the peak value is $100.