What is the meaning of Peak to Valley DD "%"?

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TDTOS said:
I am running a script I got from UseThinkScript but I am confused with the Peak to Valley DD "%" being given specifically what it means when the % number given is greater than 100%?

https://usethinkscript.com/threads/...acktesting-data-utility-for-thinkorswim.1624/
The thread was locked so I was unable to post my question there.
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https://usethinkscript.com/threads/... Drawdown (Peak to Valley calculation method)
https://www.investopedia.com/terms/m/maximum-drawdown-mdd.asp
 
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