It is often difficult to compare the drawdowns from iteration to iteration during development because the DD scale is dynamically changing (as a % of chart? or...).
A special setting could allow to fix the scale to X$ with N steps.
Thank you.
Re: FR: Allow to fix the scale of DDs on a chart
[Re: Zheka]
#483569 06/16/2113:2306/16/2113:23
plot ("DDmin", -200,MAIN+AXIS2,BLACK+TRANSP); does not seem to do the job.
Actually, makes it worse: a line at -200 guarantees that the DD is at least that and Zorro adds even more room beneath the -200 line. (when the max DD is -100)
Is there a different way to make it work like you suggested?
Re: FR: Allow to fix the scale of DDs on a chart
[Re: Zheka]
#483574 06/16/2114:2506/16/2114:25
I believe we are still talking past each other. When you look at a chart, you see numbers on the right and numbers on the left. Left is the asset price and right is the money on your account. The axis runs from min to max. You can scale it all the way you want with your mouse. But that won't affect the proportions on the chart. Only way to reduce the DD proportion is writing a better strategy.
Re: FR: Allow to fix the scale of DDs on a chart
[Re: Zheka]
#483586 06/17/2114:0206/17/2114:02
...And the whole purpose of this simple Feature Request - a 9-message thread by now - was to make chart proportions - between profit and dd - adjustable.
Specifically, be able to fix the maximum displayed DD in absolute - in $$ - rather than it being determined as a "proportion" of the chart/ relative to profit (so it seems).
Re: FR: Allow to fix the scale of DDs on a chart
[Re: Zheka]
#483587 06/17/2115:2706/17/2115:27
X is automatically set so that the chart shows the full range. For what purpose do you want not to see the full range, compared to just not plotting the equity?
Re: FR: Allow to fix the scale of DDs on a chart
[Re: Zheka]
#483602 06/19/2112:4106/19/2112:41
I do want to see the full range, but current Zorro's definition of the "full range"/automatic scaling is kinda "imperfect"....If Equity range is -450 to +10000 ,why would Zorro have it from -2000?
IMHO, a more practically useful approach would be to add some 20% of each "side" separately, i.e. 20% to the maxDD below and 20% to the equity high above.
Then the right axis range will be from -540 to 12000, all information is clearly visible at a glance and there is no need to waste time commenting/un-commenting ColorEquity=0.
But my original feature request was about the ability to set a hard limit on the displayed DD range, in absolute.
With automatic scaling, gridlines change as well..and gridlines are quite useful to QUICKLY judge e.g. average drawdown or equity development for a certain market period...
Re: FR: Allow to fix the scale of DDs on a chart
[Re: Zheka]
#483607 06/21/2108:1606/21/2108:16
I hope it does not look almost the same. When set at -540, it will be discernible better (unlike in the pic above) and gridlines step will be smaller - so it we be possible to judge the average/max level of a dd in a certain period better.
On a second thought, I realize that if maxDD is very small relative to the total eq range, then indeed - as you say - such slight magnification will hardly make a significant difference and ColorEquity=0 is the way to go.
However, in most situations during development the relation is smaller and such suggested automatic scaling will be enough out of the box.
Ideally, the profit and dd should be scaled separately: fixed split of the chart space - 80(profit)/20(dd) , profit axis is from 0 to +(Y+15-20%) , dd axis scale is from 0 to - (X+15-20%)...both will be clearly visible, guaranteed That's how other trading sw does it.