How come PositionPerf >MFE?

• 01/06/2022 at 12:10 PM #184747
  Khaled

  Hello everyone,

  May be something I didn’t understand correctly about MFE, but I’m struggling to understand how a position performance on backtest can be greater than the MFE, which is by definition the  Maximum Favourable Equity.

  I checked the position size. For the last trade it’s 1.7 lots and the second to last one it’s 1.6 lots. So, if I take last trade 145/1.7=85 <> 80 shown on the backtest. Second to last trade (5 jan. 15:35) : 187/1.6=116 <> 74.

  Is it a sign that my System is unstable?

  Thanks in advance for your help

  

  Khaled

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  01/06/2022 at 1:28 PM #184753
  PeterSt

  Hi Khaled, might it help you, in a list of 182 closed trades on 24 trading days, I found 5 of those myself. They are all from the same date (Dec. 16).
  I looked into a couple of these trades and I don’t see anything special about them.
  The first one going odd is the first started trade of that day. Maybe a glitch ?

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  Khaled

  

  PeterSt

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  01/06/2022 at 7:37 PM #184782
  Khaled

  Thanks Peter for sharing your insight!

  

  Khaled

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  01/14/2022 at 9:04 AM #185400
  Nicolas

  I spotted a problem in MFE/MAE calculation last year, but I thought it were solve since then. I will check something and let you know. Please ping me if you have no news quickly.

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  Khaled

  

  Nicolas

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  01/15/2022 at 1:01 PM #185558
  GraHal

  MFE was wrong in April 2018 and it appears has gone wrong again or never got fixed?

  https://www.prorealcode.com/topic/max-fav-excursion-mfe/

   

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  Khaled

  

  GraHal

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  01/15/2022 at 3:21 PM #185568
  Khaled

  There are basic errors in ProOrder that are scary. Cannot trust the whole system. I’ve a system where there is barely one division, which cannot be “division by zero”, but still get the error message from time to time. I think someone wrote on this forum that the only valid backtest is to test your System live in Demo. It remains a good charting and manual trading plateforme though and I’m not sure the competition is better.

  

  Khaled

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