Hi Denis, I read the section on understanding drawdown
but was left confused. Is this the only formula used to calculate drawdown
(100 + Equity
Return %) / (100 + (n * Drawdown %)) ?
If so an you tell me where does n come from?
Do you know of any indicator that displays that magical number for us. If there is one I would sure like to have it. If there is none I may write it myself but would need to understand the math more.
So "n".....how is it determined?