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How DD is calculated in simpletrader website ?

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  • How DD is calculated in simpletrader website ?

    Hi everybody,

    I have found a strange thing in this signal:
    https://www.simpletrader.net/signals...o=view&id=4934

    DD in simpletrader website is just 8.25% but then if you check the myfxbook DD is 61.18%
    http://www.myfxbook.com/members/stea...s-back/1462115

    is this maybe an error in myfxbook? or the DD is calculated different in simpletrader?

  • #2
    If the SimpleTrader ea was not connected to the account during the dd, it will calculate the dd of past using the day open and close, so the dd might was intraday only that is why it wasn't calculated correctly

    Sent from my Nexus 6 using Tapatalk

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    • #3
      Originally posted by Okda View Post
      If the SimpleTrader ea was not connected to the account during the dd, it will calculate the dd of past using the day open and close, so the dd might was intraday only that is why it wasn't calculated correctly

      Sent from my Nexus 6 using Tapatalk
      This scares me a lot because it means real DD can be counterfeit.

      Comment


      • #4
        Yes it is, same thing for myfxbook ea by the way
        The trader of this account if he deleted the account and re-edit again, the 60% dd will be gone
        But seems he is still a newbie to figure that out
        Unlike fmam for example

        Sent from my Nexus 6 using Tapatalk

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