Performing Optimization: Difference between revisions
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<div style="background-color: #E3FBE5;">Since '''MultiCharts 10''' that is possible to start optimization from '''Chart Analysis''' toolbar (see [[MultiCharts_Work_Area#Hiding_and_Redisplaying_Toolbars]]) by clicking on the '''Optimize Strategy''' button: [[File:toolbar2_ChartAn_125.png]]</div> | <div style="background-color: #E3FBE5;">Since '''MultiCharts 10''' that is possible to start optimization from '''Chart Analysis''' toolbar (see [[MultiCharts_Work_Area#Hiding_and_Redisplaying_Toolbars]]) by clicking on the '''Optimize Strategy''' button: [[File:toolbar2_ChartAn_125.png]]</div> | ||
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== Custom Criteria == | == Custom Criteria == | ||
There are two types of criteria: standard and custom. | |||
Custom Criteria lets the user create his own criteria. Instead of choosing from a pre-defined list like in | <br>Standard Criteria lets the user select a criterion from a pre-defined list. For example, if the user selects Net Profit, the optimization will find the parameters that generate the highest Net Profit. | ||
<br>Custom Criteria lets the user create his own criteria. Instead of choosing from a pre-defined list like in Standard Criteria, the user can script his own criteria. E.g., suppose the user wants to find the parameters that maximize the Net Profit / Max Drawdown ratio. This ratio isn't pre-defined under Standard Criteria, so it won't be in the drop-down list. However, this ratio can be created using Custom Criteria. | |||
It is also possible to add additional criteria such as number of trades and winning percentage. | It is also possible to add additional criteria such as number of trades and winning percentage. |