Optimize Trading Strategies with FIX API
This feature is an extension of “Optimize Trading Strategies with FIX API”.
Expert Advisor Optimization leverages the Genetic Algorithm for Trading. Fintechee integrates Deep Learning to assist traders in optimizing parameters for their strategies.
The Genetic Algorithm for Trading is a functionality embedded in the frontend of Fintechee’s WEB Trader. It aids traders in fine-tuning the parameters of their trading strategies.
Fintechee’s Optimizer now supports the concurrent optimization of all parameters for multiple Expert Advisors (EAs), a capability not present in earlier versions. While the previous version could optimize only one EA’s parameters, the current version allows simultaneous optimization of parameters for multiple EAs.
As the number of EAs available for optimization increased, the sheer volume of parameter combinations became overwhelming. This is where the “Genetic Algorithm for Trading” feature proves invaluable.
Tutorial Video
The only difference from the old version of the optimizer is that we added a checkbox(“Optimize by Genetic Algorithm”) on the Expert Advisor Optimization dialog.
Genetic Algorithm for Trading
In the realm of trading, we routinely observe market movements through various indicators and construct our trading strategies or expert advisors by simultaneously incorporating multiple indicators. The more indicators we monitor, the greater the number of parameters requiring optimization. Imagine deploying three moving averages, one MACD, one RSI, one stochastic oscillator, and one ADX in your EA. The potential combinations of parameters in such a scenario could reach billions, making the optimization task overwhelmingly complex. Traditional optimizers are insufficient for handling this level of complexity.
This is where the “Genetic Algorithm for Trading” proves invaluable. Thanks to this algorithm, the vast array of combinations is efficiently reduced to thousands, or even hundreds.
WEB Based
Our “Genetic Algorithm for Trading” feature is web-based, making it platform-agnostic. Regardless of whether your operating system is Linux, Mac, or Windows, EAs can be optimized seamlessly.
Mobile First
Traders can backtest and verify their trading strategies by running EAs on their mobile browsers during business trips or when facing issues caused by Windows OS’s non-notification restart after updating. Now, traders can even optimize the parameters for their EAs using Fintechee’s “Genetic Algorithm” running on the mobile browser.
Expert Advisor Optimization for Multiple EAs
On our WEB Trader, the optimizer can simultaneously optimize all parameters of multiple expert advisors, a crucial feature that aids traders in better portfolio monitoring by optimizing different EAs simultaneously and making informed decisions from a global perspective. Simultaneous backtesting on multiple charts is another noteworthy feature offered by Fintechee, assisting traders in identifying relevance between different instruments.
Who can Benefit from this Feature?
Irrespective of trading styles, individual traders—especially advanced traders who focus on algorithmic trading—can derive significant benefits from this feature. For more details, please refer to this article: Individual Trader or Funds Management Institution Trading on its Own Funds
Expert Advisor Tutorial
For guidance on coding EAs for automated Forex trading and trading simulation, please explore our tutorials: Expert Advisor.
