What is the difference between Max Trade DD and Max Sys DD ?
Trade Drawdown% is the largest percent loss% (MFE-MAE) faced in any single trade. Max System Drawdown is the largest throwback%(highest value-lowest value) of portfolio Equity( Initial capital + Book net P/l + MTM P/l ).
Largest Loss and Max Trade DD should be equal right(but here it differs)?
They would be equal only if you have max consecutive loss is 1. Largest loss represents the loss made in one trade, while drawdown considers multiple trades.
Max system DD is -107565 .is it mean If this had happen @ Intial Period My entire capital of 1lk get vanished?
Exactly. You should do Monte Carlo analysis to check what is the probability of vanishing your whole capital if trading sequence is changed.
If other things are ok , Is this system worth to go live?
System looks decent. Please post the equity curve and complete backtest report for further analysis.
Read more about analyzing the Amibroker backtest report below: