Using Optimization Report
After an optimization process is complete then a detailed Strategy Optimization Report is available for reviewing.
The Strategy Optimization Report allows to review the results of all the test combinations tested (in tabular view).
Columns represent 18 strategy performance fields as well as all the inputs which were optimized during the current run for each inputs combination tested.
Each row represents a set of test results for a given inputs combination.
Contents
Accessing Strategy Optimization Report
To open a Strategy Optimization Report:
- Apply a strategy to a chart.
- Run an optimization. The report will be opened as soon as the optimization is completed. After that the report of the completed optimization can be accessed from the View menu -> Strategy Optimization Report, or from the Chart Analysis -> Strategy Optimization Report .
Strategy Optimization Report can be viewed as a Spreadsheet, 2D or 3D Graph.
Spreadsheet view
Report Fields
The performance indices include:
Net Profit
Gross Profit
Gross Loss
Total Trades
% Profitable
Winning Trades
Losing Trades
Avg Trade
Avg Winning Trade
Avg Losing Trade
Win/Loss ratio
Max Consecutive Wins
Max Consecutive Losses
Avg # of Bars in Winners
Avg # of Bars in Losers
Maximum Intraday Drawdown
Profit Factor
Return on Account
Input Values
Sorting the Strategy Optimization Report
It is possible to sort out the Optimization Report by any combination of 3 criteria in either Descending or Ascending order.
To modify the sorting order:
- In the Optimization Report set the criterion and sorting order from the Sort by drop-down list.
- Repeat for the second drop-down list.
- Repeat for the third drop-down list.
- Check “Use as Default” to save settings for future use.
Applying an Inputs Combination to a Chart
It is possible to apply the inputs combination that produced the best results during the current optimization run to the strategy.
To apply the best inputs combination:
- Double-click required row in the report.
- Click Yes in the confirmation window appeared.
Saving the Strategy Optimization Report
To store optimization report data for every chart through any chart copy or workspace save operations after being generated, click Preferences, select the Workspaces tab and check the Store Optimization Report check box.
Exporting the Strategy Optimization Report
It is possible to export the Optimization Report to a comma-separated file, which is preferred for importing into a spreadsheet application for further analysis.
To export the Optimization Report:
- In the Optimization Report click Save as button.
- In the Save As dialog window appeared navigate to the required file location.
- In the File Name field type in the file name.Note: By default the file name includes date and time information.
- Click Save.Note: The entire report information will be saved to the file.
Viewing the Strategy Optimization Report in the Optimization Result Visualizer
Exported Optimization Reports can be viewed in a separate application without any other MultiCharts components installed.
The links to download Optimization Results Visualizer:
32-bit: ORVisualizer32bit
64-bit: ORVisualizer64bit
Double click on the Optimization Report file will open it in the Optimization Result Visualizer application.