4.2) Coding MT5 Custom Performance Criteria in MQL5 using Return / Avg Drawdown instead of Max DD

Описание: This tutorial shows algorithmic traders how to code an MT5 Custom Performance Criteria in the OnTester() function in MQL5 using Return/MEAN drawdown, as opposed to the more widely used ‘Maximum Drawdown’ equivalent, and why this will help with more robust parameter value selection.

Brought to you by Darwinex: UK FCA Regulated Broker, Asset Manager & Trader Exchange where Traders can legally attract Investor Capital and charge Performance Fees:
https://www.darwinex.com/?utm_source=...

OTHER PARTS TO THIS EPISODE:
Easy access to all parts of this episode:
Part 1:    • 4.1) Why Return/MEAN-Drawdown is a better ...  
Part 2:    • 4.2) Coding MT5 Custom Performance Criteri...   (This part)

VIEW THE WHOLE 'ADVANCED MQL CODING TECHNIQUES' SERIES IN ONE PLACE:
   • Advanced MQL Coding Techniques  

THE CODE SAMPLE(S) FOR THIS EPISODE CAN BE FOUND AT:
https://github.com/darwinex/advanced-...

-----------------------
IMPORTANT REQUEST: If you find this content useful, please do consider liking and sharing it on YouTube, Twitter, Facebook, LinkedIn, and whatever other social networks you have circles in.

Darwinex relies almost exclusively on organic growth, primarily through recommendations via informative content.

YouTube’s algorithms measure the quality of Darwinex content on the basis of:
Reach
Engagement
and several other related variables

With seemingly small actions such as:
Clicking the Like button
Clicking the Subscribe button
Clicking the Share button (on YouTube) and distributing our content
etc

… YOU inform YouTube’s algorithms of your sentiment towards Darwinex, thereby directly helping Darwinex MASSIVELY in achieving organic growth.

Thank you very much for your kind consideration!
-----------------------

Risk disclosure:
https://www.darwinex.com/legal/risk-d...

** Fancy joining a vibrant community of algorithmic traders, quants, and data scientists focused on financial-hacking? Join the Darwinex Collective Slack Workspace:
https://join.slack.com/t/darwinex-col...

#MQL5, #CustomPerformanceCriteria, #OnTester, #MT5, #MT4, #CAGR, #Drawdown, #MQL4, #Return/MeanDrawdown, #CAGR/MaximumDrawdown