forex software

Create and Test Forex Strategies

forex software

ea-studio-academy:settings

Settings

Account settings

Account currency - set your account currency.

Initial account - set the initial account to be equal to the account at your broker.

Leverage - set the leverage you have at your broker. EA Studio supports values from 1/1 to 1/500.

Trading session

The Trading session helps to limit EA Studio to trade on a specific period.

Market hours - set the market open and close hours separately for Sunday, for Monday to Thursday, and for Friday.

Do not trade on Sunday options prevents the trading on Sunday.

Close at the end of the session - when this option is enabled, EA Studio closes the positions at the and of the trading session.

Close at Friday close - closes the position at the close time of the Friday's session.

General settings

Start the backtest from bar 100 - when this option is enabled, the EA Studio backtester starts opening positions from bar number 100. This behaviour corresponds to the MetaTrader's Strategy Tester.

Close the position at the end of the backtest - when enabled, it forces the backtester to close the last position at the last bar of the data series. This also imitates the work of the MetaTrader tester. It prevents having an open position at a loss at the end of the backtest.

Correlation analysis

You can read more about Correlation analysis in the Collection article.

  • Correlation analysis threshold - The coefficient that EA Studio use when deciding if two strategies are correlated.
  • Detect balance lines correlation - Strategies will be considered correlated if they have similar balance curves.
  • Detect strategies with similar trading rules - EA Studio will consider strategies are correlated if they have similar trading rules.

Backtest output metrics

You have to set what 5 backtest stats metrics to be shown on the “Backtest output” tables. All backtest params are available.

Settings management

  • Reset all settings - Sets all EA Studio settings to their default values.
  • Export settings - Exports all EA Studio settings as a JSON file so you can import them later or give them to someone to import into their EA Studio.
  • Import settings - Allows you to import a previously exported settings JSON file.