Tracking max intra-trade profit, max intra-trade drawdown and closed P&L, per trade #3
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TradingDominion
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Each trade should plot 3 data points:
a) max intra-trade profit
b) max intra-trade drawdown
c) closed P&L
You then turn the above into plot lines in order to show the info over the span of many trades.
This will assist with being able to determine viable levels for a profit target and max loss for the backtest.
Sample plot:
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