Settings for Automatic Strategy Builder

The Automatic Strategy Builder offers a range of settings that allow users to configure various aspects of the strategy generation process. These settings ensure that the generated strategies align with the trader’s specific requirements and preferences.

General Settings

These settings cover the fundamental aspects of the Automatic Strategy Builder. Users can configure trading rules, conditions, building options, and genetic algorithm settings to control how strategies are generated.

Building Blocks

In this section, users can select the main components of a strategy. Options include predefined signals, indicators, patterns, order types, and exit signals. These elements form the core of the trading strategies generated by the builder.

Input Data

This setting allows users to specify the historical data that will be used for strategy generation. By setting the appropriate historical data, users ensure that the generated strategies are based on relevant market conditions and data points.

Money Management

Users can select money management strategies or position sizing methods to determine trade sizes. This includes various approaches to managing risk and optimizing trade sizes based on account equity and other factors.

Account & Brokerage

These settings simulate a brokerage account, allowing users to set account balance, maximum drawdown, commissions, and spreads. This helps in creating realistic trading scenarios and testing the viability of generated strategies under simulated conditions.

Ranking

In this section, users can define how strategies are ranked, stored, filtered, and displayed. This includes criteria for evaluating the performance of strategies, filtering out underperforming ones, and organizing the strategy pool for easy selection and analysis.

Overall Benefits

• Customization: Extensive settings provide users with the ability to tailor the strategy generation process to their specific needs.
  
  
• Flexibility: From general rules to detailed money management strategies, users can control every aspect of the strategy building.
  
  
• Realism: Account and brokerage settings ensure that strategies are tested under realistic trading conditions, enhancing their reliability.
  
  
• Efficiency: Ranking and filtering settings allow for efficient management and selection of the best-performing strategies.

These settings collectively enable the Automatic Strategy Builder to generate high-quality, customized trading strategies that can be seamlessly integrated into the trader’s workflow within FinStudio.