Sharpe Ratio

Average monthly return (%) minus the risk-free rate divided by the standard deviation of monthly returns. The higher the number, the greater the return in relation to the risk. This calculation is based on the last 36 months. You can specify the interest rate when you adjust the strategy for costs. See Adjusting a Strategy for Costs for more information.

 To use the Sharpe Ratio with a strategy on an intra-day chart requires at least 36 months worth of data to be loaded in the chart. An alternative to this field is the Return Retracement Ratio.