+1 888 340 6572
MultiCharts Project Management
previous_open_issue.png
Go to the previous open issue
previous_issue.png
Go to the previous issue (open or closed)
star_faded.png
Please log in to bookmark issues
feature_request_small.png
Open Feature request MC-385

Feature request: optimize on resolution/time frame

action_vote_minus_faded.png
27
Votes
action_vote_plus_faded.png
next_issue.png
Go to the next issue (open or closed)
next_open_issue.png
Go to the next open issue
Description

Allow the resolution of a chart (minutes, ticks, points, etc) to be used as an input for optimization so that the range of values can be easily tested without having to manually run the same optimization over and over with the different resolution and variables inputs.
 
The advantages of this feature are three-fold. First, it allows us to quickly get an idea on which resolution the strategy works best - according to the goals (profit, drawdown, number of trades, etc) of the user. For example, would an resolution of 500 ticks give the best risk/reward, or would 600 tick be better? What about 450, or 575? Perhaps 625 yields even better results?
 
Second, it gives an idea of the robustness of an strategy idea - perhaps the strategist is lucky with his default time frame and the strategy performs mediocre on different chart resolutions. Does the strategy for example performs good on a 60 minute chart, but loses a lot of money on other time frames?
 
Third, it gives an idea of the robustness of the indicators and the relative impact of each one on the performance. If a indicator is optimized from 10 to 100 on various resolutions, but performs equally well or bad on these time frames, it can be argued that this is a redundant rule. Should the indicator only performs well on a couple of time frames, while losing a lot of money on others, this gives a strong indication that this is a overfitted rule. 
 
To summarize: being able to optimize on different resolutions gives a better idea of the performance of the strategy, and enables us to get a better idea of the robustness of our strategy.

Steps to reproduce this issue

n/a

Comments (7)
#0
user-offline.png  JoshM (Jura)
Apr 10, 2012 - 03:00

With the new MultiCharts 64bit, I suppose the memory usage of this requested feature isn't a problem any more. So, any update regarding this important feature? :

#0
user-offline.png  JoshM (Jura)
Apr 10, 2012 - 03:00

With the new MultiCharts 64bit, I
suppose the memory usage of this requested feature isn't a problem any
more. So, any update regarding this important feature? :)

#0
user-offline.png  Guest (Guest)
Feb 07, 2014 - 06:04

Any update for this great feature

#0
user-offline.png  Guest (Guest)
Mar 05, 2014 - 02:47

My vote for this feature. I have been doing it using Neoticker, Tradestation 9.5 has also implemented this. People will start moving platforms if you don't innovate

#0
user-offline.png  Guest (Guest)
Jan 06, 2015 - 06:20

been working on this idea?
Would be very useful.
Regards

#0
user-offline.png  Guest (Guest)
Feb 22, 2015 - 06:12

This feature would be great, and is something Multicharts is severely lacking. Please add it if you can!

#0
user-offline.png  Guest (Guest)
Feb 25, 2015 - 20:14

Been hoping for this for years!

History
Issue basics
  • Type of issue
    Feature request
  • Category
    Usability
  • Targeted for
    MultiCharts 12
  • Status
    Confirmed
User pain
  • Type of bug
    Not triaged
  • Likelihood
    Not triaged
  • Effect
    Not triaged
Affected by this issue (3)
People involved
Times and dates
  • Posted at
  • Last updated
Issue details
  • Resolution
    Not determined
  • Severity
    Normal
Attachments (1)
Commits (0)
There are no code checkins for this issue
Duplicate issues (0)
This issue does not have any duplicates