EchoTrade Telegram Sign Backtester – Detailed Configuration Information
This information particulars each configurable enter within the EchoTrade Knowledgeable Advisor (EA). Use this to fine-tune how the backtester interprets and executes the indicators generated by the Information Generator app.
1. Commerce Calculation Settings
These settings management how the dimensions of every commerce is calculated.
| Enter Parameter | Description |
|---|---|
| LotSizeType | Lot Calculation Methodology: Select how lot sizes are decided. – Fastened: Makes use of a continuing lot measurement for each commerce. – RiskPercentage: Calculates tons based mostly on account threat per commerce. – RiskFixedAmount: Calculates tons based mostly on a set foreign money quantity to threat (e.g., $50). |
| FixedLots | Fastened Lot Dimension: The lot measurement used if LotSizeType is about to Fastened. |
| RiskPercent | Threat Proportion per Commerce: Proportion of account stability to threat per commerce (used if LotSizeType is RiskPercentage). |
| RiskAmount | Threat Quantity per Commerce: Fastened foreign money quantity to threat per commerce (used if LotSizeType is RiskFixedAmount). |
2. Commerce Execution & Technique
Management how trades are managed after they’re opened.
| Enter Parameter | Description |
|---|---|
| TakeProfitMethod | Take Revenue Mode: Select how TP ranges are dealt with. – FixedPoints: Provides a set variety of factors to the entry value. – UseTP1: Targets the TP1 value parsed from the sign. – UseTP2: Targets the TP2 value. – UseTP3: Targets the TP3 value. – SplitTrade: Splits the place into 3 separate trades focusing on TP1, TP2, and TP3 respectively. |
| DefaultTakeProfit | Default Take Revenue (Factors): Used as a fallback if the sign doesn’t include a TP or if TakeProfitMethod is FixedPoints. |
| DefaultStopLoss | Default Cease Loss (Factors): Used as a fallback if the sign doesn’t include a SL. |
| MaxSlippage | Max Slippage (Factors): Most value deviation allowed throughout entry. |
| UseTrailingStop | Allow Trailing Cease: If true, the SL mechanically follows value as revenue will increase. |
| TrailingStart | Trailing Begin (Factors): Revenue required earlier than trailing begins. |
| TrailingStep | Trailing Step (Factors): Step measurement for shifting the SL. |
| TrailingDistance | Trailing Distance (Factors): Distance behind the present value to take care of the SL. |
| MoveToBreakeven | Transfer to Breakeven: If true, SL strikes to entry after a sure revenue. |
| BE_Trigger | Breakeven Set off (Factors): Revenue required to set off breakeven. |
| BE_Offset | Breakeven Offset (Factors): Further factors secured above entry (e.g., to cowl commissions). |
3. Threat Administration
Defend your account from extreme drawdowns.
| Enter Parameter | Description |
|---|---|
| AccountCalculationSource | Account Foundation: Select what stability to base calculations on (Stability, Fairness, or FreeMargin). |
| LossControlMode | Loss Restrict Mode: Loss limits calculated as a Proportion of account or a FixedAmount (foreign money). |
| MaxTradesPerDay | Most Trades Per Day: Limits whole trades taken in a single day. |
| MaxLossesPerDay | Most Losses Per Day: Stops buying and selling for the day after this many shedding trades. |
| MaxDailyLoss | Day by day Loss Restrict ($): Most allowable loss per day earlier than buying and selling stops. |
| MaxWeeklyLoss | Weekly Loss Restrict ($): Most allowable loss for the week. |
| MaxMonthlyLoss | Month-to-month Loss Restrict ($): Most allowable loss for the month. |
| LossExceedAction | Motion on Loss Restrict: Defines what occurs when a loss restrict is hit (e.g., cease buying and selling). |
| DailyResetTime | Day by day Reset Time: Server time when every day counters reset (format: HH:MM ). |
4. Time Filters
Limit buying and selling to particular periods or hours.
| Enter Parameter | Description |
|---|---|
| UseTimeFilter | Allow Time Filter: Set to true to commerce solely throughout particular hours. |
| StartTime | Buying and selling Begin Time: Format HH:MM (e.g., “08:00”). |
| EndTime | Buying and selling Finish Time: Format HH:MM (e.g., “17:00”). |
5. Basic Settings
| Enter Parameter | Description |
|---|---|
| BrokerUTCOffset | Dealer Server Time Offset: Distinction in hours between dealer server time and UTC (will be damaging). Important for aligning sign timestamps appropriately. |
6. Sign Information Supply
| Enter Parameter | Description |
|---|---|
| SignalFile | Sign File Path: Path to the CSV file generated by the Information Generator. Default: ETSBsignals.csv. Don’t change until you may have moved the file manually. |
Tip: To reset all inputs to their manufacturing unit defaults, click on the “Reset” button within the Technique Tester “Inputs” tab.