HELP ,I want to use Monte Carlo method in Multicharts
HELP ,I want to use Monte Carlo method in Multicharts
Hi. I would like to use Monte Carlo method to do some analysis 。 How could I do in Multicharts. Please give me some examples. Thanks a lot~
- Henry MultiСharts
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Re: HELP ,I want to use Monte Carlo method in Multicharts
Hello Lishan,
Unfortunately there is no prebuilt Monte Carlo method analysis in MultiCharts.
You may want to submit a feature request to the Project Management of our web site so other users can vote for it: https://www.multicharts.com/pm/
Unfortunately there is no prebuilt Monte Carlo method analysis in MultiCharts.
You may want to submit a feature request to the Project Management of our web site so other users can vote for it: https://www.multicharts.com/pm/
- furytrader
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Re: HELP ,I want to use Monte Carlo method in Multicharts
Another solution would be to buy the Market System Analyzer from Adaptrade - it costs about $350 but it allows you to import a trade list and run Monte Carlo simulations on it (along with a host of other things, like testing different sizing strategies, etc). Here's a link:
http://www.adaptrade.com/MSA/index.htm
http://www.adaptrade.com/MSA/index.htm
Re: HELP ,I want to use Monte Carlo method in Multicharts
Yes. I agree with furytrader. Market System Analyzer is an excellent tool. It also tests aggressive position sizing methods. It isn`t free but sometimes available for a little less than $350. Try to contact developer privately.
Equity Monaco is a free position size calculator / simulator by TickQuest. It accepts a file in ASCII format of closed trade results, and performs Monte Carlo analysis.
Also there are many Monte Carlo Add-Ins for Microsoft Excel, some of them at no cost.
Thank you
Equity Monaco is a free position size calculator / simulator by TickQuest. It accepts a file in ASCII format of closed trade results, and performs Monte Carlo analysis.
Also there are many Monte Carlo Add-Ins for Microsoft Excel, some of them at no cost.
Thank you
- furytrader
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- Location: Chicago, IL
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Re: HELP ,I want to use Monte Carlo method in Multicharts
Those are good suggestions. I'm pretty sure that Market System Analyzer can be used as a trial version for 15-30 days (I think).