Question on max drawdown

[bill2w3@gmail.com]

I love your software !!
Question: when backtesting trading systems - the page comes up where you put in the ticker symbol and select the trading systems you want to test - on this page are two fields under "Stops" - one field says "Maximum Loss" and the other field says "Maximum Drawdown" - I can see why "Maximum Loss would be a percentage but I don't understand why "Maximum Drawdown" would also be a percentage - shouldn't that be a number representing a certain amount of money - but there is a percentage sign on BOTH of these fields ??
Second Quesrtion: I purchased the 6 month lease and I will be creating a lot of custom trading systems - when I switch to the lifetime lease in a few months will I have to re-do all my trading systems or would they be transferred into my new lifetime lease ??  thank you again

[Sacha]

It is good to hear that you are loving it. Thanks for choosing Stockalyze.

Draw down is how far below the stock has come down from it's peak. For the same reason why maximum loss has to be in percentage this too has to be in percentage. If it is not in percentage then absolute value e.g. $5 will not make sense for different stocks that trade at $10 and  $500.

Your trading systems we be safe as long as you don't uninstall Stockalyze.

Let me know if you have any more questions.

Happy Stockalyzing,
Sacha