You might want to study about Monte Carlo a bit, there is a lot on the web.
How you set it up can be of great assistance to you with your strategies.
I suggest that you do a lot of testing with it to get the feel of it.
Perhaps develop a strategy on old data, do the monte carlo and if it is good results, then test on recent data to make sure.
There are not much in the way of guides or rules set down, so this is something that you will have to work with yourself to get the best performance for the tool.
The tool is very powerful, managing the results is not really determined. and the market with its changing face is going to try to steal your money.
Anyways, I advise you to test with that tool and different data until you feel you are in control.
My 'secret' goal is to push EA Studio until I can net 3000 pips per day....