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Parameter optimization generates several parameter sets from the ranges you configure and backtests each of them. In the strategy parameter section of the "Backtest" tab, tick the Optimize option to the right of a parameter to show its settings:

  • Min: the starting value of the parameter.
  • Max: the largest value the parameter is increased to.
  • Step: the increment.
  • Concurrent threads: how many backtests run at the same time during optimization. This option only applies to JavaScript, PINE and MyLanguage strategies, and not to template parameters.

The system generates parameter combinations from Min, Max and Step and backtests every combination once. Only number parameters can be optimized.