456
edits
Changes
Jump to navigation
Jump to search
no edit summary
Basing on the trades placed in the chart the performance report can be calculated to comprehensively analyze the strategy performance measures as well as trades list and statistics.There are over 100 performance indices available for analysis including about 30 charts.
<br/>There are two types of reports available in MultiCharts: Strategy Performance Report and Trading Performance Report. They were designed for different purposes. Depending on the current goal one needs to use the appropriate type of report. See more information in the [[Comparison of the Reports]] table.
<div style="background-color: #E3FBE5;">Note: Only one performance report can be opened at a time.</div>
<br>
== Accessing the Strategy Performance Report ==
To access a Strategy Performance Report:
# [[Understanding_Strategies|Apply a strategy]] to a chart.
# In the main menu select '''View''' then click '''Strategy Performance Report'''.
== Accessing the Trading Performance Report ==
To access a Trading Performance Report:
# Plot a chart with the desired data range.
# Open the [[Chart Trading]] Panel. Connect the Broker Profile. Select the account that was utilized to place orders.
# In the main menu select '''View''' then click '''Trading Performance Report'''.
== Viewing Performance Report ==
In MultiCharts the Performance Report features a tri-panel design.
Left panel is a navigation structure while the upper right one displays performance data.
<div style="background-color: #E5F6FF;">Tip: Upon left-clicking on any performance index its description will appear in the lower right panel.</div><br>
<div style="background-color: #F8D3CD;">Attention: Portfolio Trader Strategy Performance Report and MultiCharts Strategy Performance Report contain slightly different analysis parameters and display options. Further description is based on MultiCharts Strategy Performance Report functionality</div>
=== Viewing Performance Indices ===
To view performance indices:
# In the left panel select a performance indices section [[File:14_Icon_Table.gif]] to review.
# In the right side move cursor on a performance index required. The cursor will change into '''Description''' [[File:12_Cursor.gif]] cursor then left-click.
# In the lower right panel a text description will appear. Click '''Close''' [[File:13_Close.gif]] button to close the description panel.
# Use '''Back''' [[File:Scroll Left new.png]] and '''Forward''' [[File:Scroll_Right.png]] toolbar buttons to move between the Performance Report sections.
<br>
=== Viewing Performance Charts ===
To view performance charts:
# In the left panel select a performance chart [[File:15_Icon_Chart.gif]] to review.
# Click '''Zoom In''' [[File:Zoom In new.png]] or '''Zoom Out''' [[File:Zoom Out.png]] toolbar buttons for zooming charts in an out respectively. Click '''Reset Zooming''' [[File:Reset Both Scales new.png]] to reset a zoomed chart.
# Use '''Pan''' [[File:08_Hand.png]] or '''Cross''' [[File:Show Hide Cross.png]] cursor modes for moving charts or precise reviewing chart values respectively.
# Use '''Back''' [[File:Scroll_Left_new.png]] and '''Forward''' [[File:Scroll Right.png]] toolbar buttons to move between the Performance Report sections.
<br>
== Understanding Report-Chart Synchronization ==
MultiCharts allows the user to visually match the trades from a Strategy Performance Report with their signals on the chart.
For strategies that have hundreds of trades over a long data series, it may be cumbersome to manually match a trade in the Strategy Performance Report to the chart.
The user would have to use the scroll button to find the trade in the data series.
Report-Chart Synchronization simplifies this process. Trades on the chart are automatically highlighted when the user hovers his mouse over a trade in the Strategy Performance Report.
To learn more about this feature, see [[Using_Performance_Report#Setting_Display_Properties|Setting Display Properties]]
<br>
== Setting Performance Report Properties ==
It is possible in MultiCharts to set financial and display settings for the Performance Report.
Financial settings allow to better analyze the strategy performance with different costs, statistic and risk level settings.
Display settings allow to configure visual setting for the report.
It is possible to display the report figures in dollars or in a regional currency, set number of decimals to use and smoothing for charts.
It is also posiible to display trades with partial exits basing on entries or on exits.
<br>
=== Setting Financial Properties ===
To set financial properties:
# In the Strategy Performance Report window click '''Settings''' [[File:10_Format_Window.png]] toolbar button.
# Select the '''Financial''' tab.
# Set appropriate properties or click '''Default''' to set back to the default settings.<br>'''No. of standard deviations''' - the number of standard deviations is used in some report indices calculation. The default is 1.<br>'''Minimal acceptable rate of return''' - reference point for Sortino Ratio (See "Performance Ratios" section in the Performance report.<br>'''Degree of risk aversion of the investor''' - reference point for Fouse Ratio (See "Performance Ratios" section in the Performance report)<br>
# Click '''OK'''.<br>
<br>
=== Setting Display Properties ===
To set display properties:
# In the Strategy Performance Report window, click the '''Settings''' [[File:10_Format_Window.png]] toolbar button.
# Select the '''Display''' tab.
# Select '''USD''' to display the report in U.S. dollars or select '''Regional Currency''' to display the report in another currency. If '''Regional Currency''' is selected, enter the exchange rate in the '''USD/$ rate''' textbox.
# Set '''No. of digits after decimal''' to the required precision level.
# In the '''Performance & Quality''' section, select the appropriate smoothing.
# Select the '''Enable Strategy Performance Report – Chart Synchronization''' check box to visually match the trades in the performance report to the signals in the chart.<br><br>Two additional options become available if this checkbox is selected:
#* Select the '''Entry-based''' radio button to match the trade in the performance report to its entry signal in the chart.
#* Select the '''Exit-based''' radio button to match the trade in the performance report to its exit signal in the chart.<br><div style="background-color: #E5F6FF;">To use this feature, in the Strategy Performance Report:<br>
## Expand '''Trade Analysis''' in the tree view pane.
## Select '''List of Trades'''.
## Hover the mouse pointer over any trade on the list. The trade on the list will be matched with the signal for this trade in the chart. The signal on the chart will be highlighted.
# Select '''Recalculate the Report on each new order''' checkbox to update the Strategy Performance Report in real-time with each new trade. If a new trade is made while the Strategy Performance Report is open, the Strategy Performance Report will be updated immediately with the new trade.<br>If this checkbox is unchecked, then the Strategy Performance Report will be updated with the new trade only after closing and reopening the Strategy Performance Report.
# Click '''OK'''.
<br>
== Saving Performance Report ==
To save the Performance Report:
# In the Strategy Performance Report window click '''Save''' [[File:Portfolio_Save.png]] toolbar button.
# In the '''Save As''' dialog window appeared navigate to the required file location.
# In the '''File Name''' field type in the file name.<br><div style="background-color: #E3FBE5;">Note: The file name with symbol name included in it is supplied automatically.</div>
# In the '''Type''' field select the file type. There are 3 types available: *.XLS/*.XLSX (MS Excel), *.ODS (Open Office Workbook) and *.XML (XML RINA).
# Click '''Save'''.
<div style="background-color: #F8D3CD;">Attention:
* To save data in an *.XLS/*.XLSX format a version of Microsoft Excel that supports Visual Basic for applications must be installed on the computer. Once saved the *.XLS/*.XLSX file may be read by any Excel compatible application.
* To save data in an *.ODS format OpenOffice package must be installed on the computer. Once saved the *.ODS file may be read by any *.ODS compatible application.</div>
<div style="background-color: #E3FBE5;">Note: In the *.XLS file the entire report will be saved (including charts).</div>
== Printing Performance Report ==
It is possible in the Performance Report to print a selected section or chart.
To print a selected section or chart:
# In the left panel of the Strategy Performance Report select a section or a chart to be printed.
# Click '''Print''' [[File:03_Print.png]] toolbar button.
# The standard print dialog will appear.
# Click '''OK'''.
<br>
or
# In the left panel of the '''Strategy Performance Report''' select a section or a chart to be printed.
# Click '''Print Preview''' [[File:02_PPreview.png]] toolbar button. The '''Print Preview''' dialog will appear.
# Use '''Magnify Mode''' [[File:02_PPreview.png]] or '''Whole Page''' [[File:08_Hand.png]] toolbar buttons to preview the page.
# Click '''Print''' [[File:03_Print.png]] toolbar button to access the print dialog.
# Click '''Close''' button to close the window.<br><br>
[[Category:Backtesting]]
