Where can I find the open maximum drawdown of a signal? - page 2

 
Eleni Anna Branou #:

The smaller drawdown in the below chart is the open/live drawdown of the account and the higher drawdown is the maximum drawdown, including closed positions, so the maximum difference between high/low of the account balance, since the signal was connected to MQL5.com.

Thanks! So the higher drawdown includes both open and closed trades? I'm a little confused because I thought that open drawdown is always higher than closed drawdown. My logic tells me that the drawdown on the below chart should always be the highest. I mean, the lowest price in an open trade is always lower than the close price (or equal, long trade).
 
sigja #:
Thanks! So the higher drawdown includes both open and closed trades? I'm a little confused because I thought that open drawdown is always higher than closed drawdown. My logic tells me that the drawdown on the below chart should always be the highest. I mean, the lowest price in an open trade is always lower than the close price (or equal, long trade).

Exactly.

 
Eleni Anna Branou #:

Exactly.

Thanks! :-)
Reason: