How to Optimize by Sharpe Ratio? how to set a custom fitness value?

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shargo
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How to Optimize by Sharpe Ratio? how to set a custom fitness value?

Postby shargo » 27 Mar 2023

I read MC Wiki manual and some posts about optimizing by Sharpe ratio, but I don't know how exactly to do it.

I know the pre-built signal !optimize by Sharpe ratio!

I know adding !optimize by Sharpe ratio! to the study in my work chart, clicking Optimize, and then setting optimization parameters.

Then, should I select optimizing with Custom Criteria or with Custom Fitness Value?

Do I need to edit the Custom Criteria by clicking the button "Edit", or just let it be blank?

How should I edit the Custom Criteria, if I want to Optimize by Sharpe Ratio?


In addition, what is the difference between optimizing with Custom Criteria and with Custom Fitness Value?

Custom Criteria can be edited in the Edit window? but how to define/set Custom Fitness Value?

I know the keyword SetCustomFitnessValue,

https://www.multicharts.com/trading-sof ... tnessValue

but still don't realize how to use this function.

Can I Only define the Custom Fitness Value in the parentheses after this keyword?

Thanks for your information in advance.

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