Task: Generate the entry and exit signals used by this simulation
Step: Complete the Entries and Exits Quick-Start tutorial.
Task: Set up your ‘simulation settings’ panel
Step: Ensure your settings are as follows:
Trade Simulation Settings – Trade Entry Rules
|
Setting |
Value |
|
Side |
Short |
|
Entry Bar |
Next Bar On Open |
Trade Simulation Settings – Trade Exit Rules
|
Setting |
Value |
|
Exit After |
Exit Event (means exit after exit signal is hit) |
|
Exit Bar |
Next Bar On Open |
Trade Simulation Settings – Stops
No Stops are used for this tutorial
Trade Simulation Settings – Portfolio Rules
|
Setting |
Value |
|
Allow Duplicates |
Yes |
|
Initial Equity |
$10,000 |
|
Dollars per trade |
$1,000 |
|
Commission per side |
$0 |
|
Risk Free Rate of Return |
1% (used for some stats in summary report) |
Task: Run the Simulation
Step: Click the ‘Run’ button in the Trade Simulation Menu
Trade Simulation Run Button
Note:
Anytime you re-run the Entries and Exits design to get new entry or exit signals, you will also need to re-run the Trade Simulation in order to use the newly generated signals in the simulation.