With Price MAE (Maximum Adverse Excursion) and Price MFE (Maximum Favorable Excursion), you can now gain a clear understanding of your trade’s performance.
MAE: Represents the lowest(Price - Highest for Short Trade) point the trade’s price reached, showing where you made the most significant loss during the trade.
MFE: Represents the highest point(Price - Lowest for Short Trade) the trade’s price reached, showing where you made the most significant profit during the trade.
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