Calculate Maximum Favorable Excursion (MFE), Maximum Adverse Excursion (MAE)

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5 years ago #114848

Hi there,


Is it possible to implement MFE and MAE calculations in your next Quant Analyzer release? Attached is the code from MQL4 forum. 



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5 years ago #135701

You can only calculate MAE and MFE if you know the prices inbetween opening and closing a trade.  Since the feed into QA is usually just a list of open and close prices, you cannot calculate the MAE and MFE values.


The MQ4 script uses MT4 M1 bars to make the calculations, QA doesn’t have a price feed.


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