Firstly, we would like to clear up some common misconceptions about resetting your Max Drawdown. If you do this, you are not setting your warning, soft-stop and hard-stop levels to 0 but instead you are setting your current equity value to 0%.
Suppose we have a user called Santi. If he has $5,000 and a hard-stop level set at 20%. If Santi's equity value reaches $4.000 he will reach his hard-stop level.
If he resets his Max DD, this would mean that $4,000 becomes the new 0% and Santi's new hard stop level will be 3,200 (20% of 4,000)