Properties Settings

Initial Capital

Sets the amount of funds in your trading account. Net Profit, Gross Profit, Gross Loss, Max Run-Up, Max Drawdown, and Buy & Hold Return will be displayed in the Overview and Performance Summary tabs as a percentage of your Initial Capital or an absolute amount of your specified Base Currency.

The amount of Initial Capital set should be sufficient to cover the specified Order Size, Margin for Long Positions, and Margin for Short Positions. For example, if you wish to place a 1 contract order for each trade, your initial capital must always be more than the cost of 1 contract for the asset being traded.

Order Size must be set to 1 contract if you wish to directly compare Pro Tester results with data in the Pro Trader Calculations Table. More details are available in the Calculations Table Comparison section.

Base Currency

Sets the currency of trading account funds. Profitability data in the Overview, Performance Summary, and List of Trades tabs will be displayed in the specified Base Currency.

Order Size

Sets the number of contracts, amount of base currency, or percentage equity used per trade.

Activate Trades on Chart and Quantity in the Style Settings to display Order Size in the chart. Quantity will be displayed on the chart as the number of contracts per trade regardless of Order Size settings.

Profitability data displayed in the Overview, Performance Summary, and List of Trades tabs is calculated based on the Order Size and type specified.

Pyramiding

Set the maximum number of successful entries allowed in the same direction.

Commission

Specifies commission per trade used in profitability calculations. This setting is included to emulate trading platform or broker fees for more realistic profitability estimates. Comission can be set as a percentage or an absolute amount per trade.

Profitability data displayed in the Overview, Performance Summary, and List of Trades tabs is calculated based on the Commission specified.

Verify price for limit orders

Set the number of ticks past the limit price that must be reached for a limit order to be filled.

Slippage

Set the number of ticks that can be added to the fill price on market or stop orders.

OHLC Orders

N/A - TradingView setting; Does not interact with algorithm behavior.

Margin for Long Positions

Set the percentage equity required to fund long positions.

Margin for Short Positions

Set the percentage equity required to fund short positions.

Recalculate

• After order filled - enables an additional intrabar order calculation immediately after an order fill. This allows a second trade to be entered within the same bar and is useful for emulating scaling in or out of positions.

• On every tick - recalculates the strategy on each tick of real-time bars. This is applicable to forward testing only.

• On bar close - enables an additional calculation on the bar close. This allows market orders to show as filled on the same bar in which they were placed.

Backtesting Precision

Allows Broker Emulator to use the lower timeframe data during history backtesting for more realistic results.

Defaults

Here you can reset the Pro Tester to the default configuration or save a configuration to be loaded as the default.