Longest without a new peak
Shows the longest time the account waited for a new high.
This is a time metric, not a depth metric. It measures the longest stretch from a peak until the account made a new high again.
It is used to understand how much patience the account required. A small drawdown can still be hard to live with if a new high does not appear for months.
Short periods without a new peak are usually easier to sit through; long months or years point to a drawn-out recovery or sideways period. The current stretch matters too: if the account has not made a new high yet, the counter is still running.
Example: on January 1 the account peaked at $10,000, then fell to $9,400 and only reached $10,100 on April 1. The new high arrived after 90 days. If another recovery later took 140 days, 140 days becomes the longest time without a new peak.
How we compute it
We measure drawdown duration: the time from a peak until the account recovers that level. The reference includes the maximum historical duration and the current duration when a new peak has not yet been reached.