hard · Volume Profile Analysis

The 'MAR Ratio' and 'Ulcer Index' are mentioned as performance quality measures.

In the context of a Volume Profile strategy, what does a high 'Time Under Water' signify?

  1. The strategy has a very high win rate
  2. The strategy is highly profitable and efficient
  3. The strategy only works in ranging markets
  4. The strategy experiences long periods of drawdown before returning to peak equity

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