How is my Drawdown calculated?

Drawdown is calculated by looking at your normalised profit percentage and applying this to your assumed balance of $100. Normalised profit percentage is calculated as (Profit + Commission + Swap)/Open Equity, please note that commission is always negative however swaps can be positive or negative depending on the direction of the trade. Drawdown is then calculated using the following formula: High Water Mark - Latest Normalised Balance on Close + Floating PnL.