Select Net Profit as % of Drawdown (Trade Close to Trade Close)
Displays the percentage return of the Select Net Profit to the greatest loss drawdown, from the previous highest equity run-up, closed trade to closed trade, (including commissions and slippage if specified) looking across all trades, during the specified period. Select Total Net Profit as % of Drawdown (Trade Close to Trade Close) = Select Total Net Profit divided by Maximum Drawdown (Close to Close).
Select trades are designed to adjust the results of a strategy by removing all positive and negative outlying trades. An outlying trade is defined as any trade that has a profit or loss 3 standard deviations greater than the average trade.