Calculate Maximum Favorable Excursion (MFE), Maximum Adverse Excursion (MAE)
1 replies
fiverr
8 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.
mikeyc
8 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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