MaxDD statement
Max Drawdown Monitor Indicator
100% FreeRuns on MetaTrader 5 on a computer · 9 KB
A specialized technical tool designed to track and monitor maximum drawdown levels with high precision on chart screens. In the Yakuzza test on XAUUSD (M15) for September 2026, the indicator operated on the MetaTrader 5 platform without errors.
Yakuzza test result
We ran this indicator in the MetaTrader 5 Strategy Tester on XAUUSD (M15) over September 2026. It loaded and ran without errors.
How to install
Open MetaTrader 5, then File -> Open Data Folder. Go into the MQL5 folder, then Experts for a robot or Indicators for an indicator, and drop the file there. Restart the platform and you will find it in the Navigator panel.
Library last updated:
Questions about MaxDD statement
Is MaxDD statement free?
Yes. MaxDD statement is free to download on Yakuzza, with no subscription and no card. You only need a free account to download it.
Does MaxDD statement work on MT4?
No. The file in our library is built for MetaTrader 5 (.ex5), so it will not load in MetaTrader 4. MetaTrader 5 is free from your broker.
Which symbol and timeframe should I use?
The developer does not list fixed settings. We tested it on XAUUSD M15, so that is a safe place to start on a demo account.
Has MaxDD statement been tested?
Yes. We ran it in the MetaTrader 5 Strategy Tester on XAUUSD (M15) over September 2026 and it ran without errors.
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