Drawdown metric in SQ

Hello, 

 

for the % drawdown value in the overview tab, 

 

1) Is this the max drawdown over the test period?

 

2) Is this closed trade drawdown, or a combination of open and closed trade drawdown?

 

Many thanks!

Hello,

 

% drawdown represents the entire testing period and close-to-close drawdown. If you look at the equity chart tab and switch “Drawdown” on you will also see the MAE – Maximum Adverse Excusion which can be higher than max % DD