After several e-mails between ZuluTrade support and me, we still are arguing about DD calculation.
Gee, these people really do not want to see it!!! Even it is taking about 4 days to answer my every single e-mail.
“Robin Hood – PAMM: On the 4th of May everything is OK, and on the end of that day I have 1494 pips. Problems are with next 3 deals on the 5th of May!
“After opening next 3 positions there worst DD is 142, 102 and 72 (I am taking them from Hi – Low graph) .
So 1493 – 142 -102 – 72 = 1177 right? On your chart is 898 pips. “
For the 12th of May in “Robin Hood – Live” is the same story.
On the chart DD is shown down to the 85 pips but my trades are closed on the Stop Loss. So it is logical DD be just to the size of the stop loss. Which is” Profit before deals” – “Loss from last simultaneously opened deals” or 1753 – ( 167 + 127 +148 + 135 + 116 + 155 ) = 905 pips !!! BIG difference from what is on the chart at the moment.
It is clear that your algorithm is doing it WRONG! “
Look their explanation to my questions about the DD.
“Below follows the calculation of your Drawdown on the dates you mentioned for your two accounts, bearing in mind that the Drawdown graph displays the difference between your profit (Accumulated Pips) and maxDD at that time (calculated by adding the Low of currently open trades).
With regards to your account Robin Hood PAMM, on May 5th you had Accumulated Pips of 1213.2, while the Lows of your 5 positions open on that day had the result of 29+143+102+72+2=348; the difference between them is 865.2 pips, very close to 898.9 as shown in the graph (as mentioned earlier, such minor differences are to be expected due to the calculation time).
With regards to your account Robin Hood Live, on May 12th you had Accumulated Pips of 905.2, while the Lows of your 5 positions open on that day had the result of 155+116+135+148+127+167=848; the difference between them is 57.2 pips, which is close to 85.9 as shown in the graph (as mentioned earlier, such minor differences are to be expected due to the calculation time).”
So what are they doing?!
On every update they extract once the loss on the opened deals from my Profit and one more time they are taking out the Lows.
Do you see any logic?! I DO NOT!!!
Once again – this is their “algorithm”.
They are extracting the loss from every open deal 2 times.
1/ On every update “Accumulated Pips” is equal to “Profit” – “Open Positions”
2/ and after that they are extracting the “Lows” from the same positions once again.
So actually they are doing it twice.
I see NO logic in this. What about you?