Support Board
Date/Time: Sun, 24 Nov 2024 15:15:51 +0000
Post From: Click/No Code Strategy Builder, Algo Portfolio Composer plugin for Sierra Chart
| [2024-10-19 06:02:14] |
| User61168 - Posts: 403 |
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Also, for me to understand correctly the importance of this, can you explain your use case as it relates to daily margin calcs?
There are many use cases to track the high/low equity watermark at the account level.- The biggest one is for max drawdown management and drawdown affects available margin (or buying power to add positions). - I cannot understand how anyone can efficiently design a scalein/out automated strategy without tracking high/low watermark of account equity (and not balance) to accurate measure risk exposure. - wouldn't you want to know the MAX profit potential as a statistical measure to optimally set your max daily/weekly/monthly max profit and loss targets? TAL gives only Max F2F profit and loss during a given period which does not paint the accurate picture. - "trade the equity curve" types strategies require tracking of high/low watermark for similar reasons. - Also essential in implementing money management strategies which is based on margin. knowing the extremities of account equity also helps in understanding account funding requirements or how much 'cushion' a strategy would require in best/worst case scenarios. Date Time Of Last Edit: 2024-10-19 06:06:56
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