formula for maximum adverse excursion

Discussion in 'Technical Analysis' started by banu, Jan 18, 2007.

  1. banu

    banu

    can any give me the formula for maximum adverse excursion
     
    #1     Jan 18, 2007
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  2. WolfVector

    WolfVector

    if (MarketPosition = 1) then
    . MAE = (LowestLow – EntryPrice)/EntryPrice
    else if (MarketPosition = -1) then
    . MAE = (EntryPrice - HighestHigh)/EntryPrice;
     
    #2     Jan 18, 2007
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