Analyzer
Comparing Strategies
How to compare multiple strategies and choose the best one.
When you have multiple strategies, you need a structured way to compare them. The Analyzer provides side-by-side comparison tools to make this easier.
How to Compare
- 1Select two or more strategies you want to compare
- 2Ensure they've been backtested on the same instrument and time period for fair comparison
- 3Open the Analyzer's comparison view
- 4Review the side-by-side metrics table
- 5Examine the overlaid equity curves to see how each strategy performed over time
What to Compare
- Risk-adjusted returns — Use Sharpe or Sortino ratio, not just total return
- Maximum drawdown — A strategy with lower returns but much lower drawdown may be preferable
- Consistency — Compare percentage of profitable months. Consistent small gains often beat volatile large gains
- Trade frequency — More trades means more commission costs and more execution risk
- Correlation — If two strategies are uncorrelated, running both can reduce overall portfolio risk
The best strategy isn't always the one with the highest return. Consider risk, consistency, and how well it fits your trading style and risk tolerance.