https://beyondbacktesting.com/2017/02/10/most-important-metrics/

Minimization of time between new highs - could be interesting to optimize on.
Is this worth adding to MS123 Scorecard?

Hi Steve,

This is an interesting metric. Author makes a good point on that a system making new highs frequently is easy to trade (from a psychological standpoint). Long ago, Ed Seykota whom I used to esteem developed a metric called "Lake Ratio". You can read more about it here in this nice overview:

Lake ratio use, logic and formula

This is the ratio of time spent setting new highs to the time the account is underwater. You can find it on Performance+ tab and in MS123 Scorecard(s). This is very close to “minimization of time between new highs”.

Agree. Thanks for the reminder.

I've never optimized on it but perhaps it is time to try it!