Max Balance Drawdown / Max Equity Drawdown

Max Balance Drawdown / Max Equity Drawdown - These are backtest metrics showing the largest drop in balance or equity, respectively. “Max Balance Drawdown” is the maximum decline in the account balance from peak to trough, and “Max Equity Drawdown” is the equivalent in equity (including floating P/L). Lower values indicate the strategy had less severe drawdowns. These appear in the Trade Statistics after backtesting.