The system based functions will not work from indicators. You need to use the Processor API based functions. You can use the market object by using the thismarket object.
' TradersStudio(r) (c) 2005-2007
' Shows how to access Market object from a session
' It uses Thismarket
Sub TS_PlotDrawdown()
Plot1(Thismarket.Equity(BarNumber).Drawdown)
End Sub