forex software

Create and Test Forex Strategies

forex software



Account Settings

On this page you can set your account information.

  • Account currency - set your account currency.
  • Initial account - set the initial account balance to be equal to your account balance at your broker. When you use a lower account, you have to trade with lower lot sizes.
  • Leverage - set the leverage you have at your broker. EA Studio supports values from 1:1 to 1:500.

Trading Session

General settings

  • Start the backtest from bar 100 - Many indicators require a specific amount of bars to draw their curves. This option makes sure all indicators will have sufficient data to provide trading signals for the backtest.
  • Close the position 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 uses when deciding if two strategies are correlated.
  • Detect balance lines correlation - Strategies will be considered correlated if they have a similar balance curve.
  • Detect strategies with similar trading rules - EA Studio will consider strategies are correlated if they have similar trading rules.

Backtest output metrics

In this panel you have the opportunity to set five different metrics for your strategy's backtest. For example: profit factor, drawdawn, count of trades, win/loss ratio, and max stagnation %. There are numerous of other options to choose from

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.