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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 ParameterDescription
LotSizeTypeLot 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).
FixedLotsFastened Lot Dimension: The lot measurement used if LotSizeType is about to Fastened.
RiskPercentThreat Proportion per Commerce: Proportion of account stability to threat per commerce (used if LotSizeType is RiskPercentage).
RiskAmountThreat 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 ParameterDescription
TakeProfitMethodTake 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.
DefaultTakeProfitDefault Take Revenue (Factors): Used as a fallback if the sign doesn’t include a TP or if TakeProfitMethod is FixedPoints.
DefaultStopLossDefault Cease Loss (Factors): Used as a fallback if the sign doesn’t include a SL.
MaxSlippageMax Slippage (Factors): Most value deviation allowed throughout entry.
UseTrailingStopAllow Trailing Cease: If true, the SL mechanically follows value as revenue will increase.
TrailingStartTrailing Begin (Factors): Revenue required earlier than trailing begins.
TrailingStepTrailing Step (Factors): Step measurement for shifting the SL.
TrailingDistanceTrailing Distance (Factors): Distance behind the present value to take care of the SL.
MoveToBreakevenTransfer to Breakeven: If true, SL strikes to entry after a sure revenue.
BE_TriggerBreakeven Set off (Factors): Revenue required to set off breakeven.
BE_OffsetBreakeven Offset (Factors): Further factors secured above entry (e.g., to cowl commissions).

3. Threat Administration

Defend your account from extreme drawdowns.

Enter ParameterDescription
AccountCalculationSourceAccount Foundation: Select what stability to base calculations on (Stability, Fairness, or FreeMargin).
LossControlModeLoss Restrict Mode: Loss limits calculated as a Proportion of account or a FixedAmount (foreign money).
MaxTradesPerDayMost Trades Per Day: Limits whole trades taken in a single day.
MaxLossesPerDayMost Losses Per Day: Stops buying and selling for the day after this many shedding trades.
MaxDailyLossDay by day Loss Restrict ($): Most allowable loss per day earlier than buying and selling stops.
MaxWeeklyLossWeekly Loss Restrict ($): Most allowable loss for the week.
MaxMonthlyLossMonth-to-month Loss Restrict ($): Most allowable loss for the month.
LossExceedActionMotion on Loss Restrict: Defines what occurs when a loss restrict is hit (e.g., cease buying and selling).
DailyResetTimeDay 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 ParameterDescription
UseTimeFilterAllow Time Filter: Set to true to commerce solely throughout particular hours.
StartTimeBuying and selling Begin Time: Format HH:MM (e.g., “08:00”).
EndTimeBuying and selling Finish Time: Format HH:MM (e.g., “17:00”).

5. Basic Settings

Enter ParameterDescription
BrokerUTCOffsetDealer 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 ParameterDescription
SignalFileSign 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.

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