The Account & Brokerage section in the Scanner module settings allows users to simulate brokerage account conditions during backtesting. This ensures that the backtest results are as realistic as possible by incorporating key account parameters and brokerage-specific settings.
Key Features
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Account Currency: Set the main currency of the account. All backtest results will be displayed in this currency.
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Initial Deposit: Define the starting balance of the account. This is crucial for accurately simulating account growth and drawdowns.
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Leverage: Configure leverage settings to reflect the margin requirements and trading power of the account.
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Commissions: Input the commission structure to simulate the cost per trade, either per trade or per contract/lot.
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Slippage: Set the tolerated slippage to simulate real-market conditions where orders might be executed at slightly different prices than requested.
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Stop Out Mode: Implement a protective measure to limit drawdowns. Define a stop-out level that, when reached, will close all positions and halt strategy autotrading.
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Per Instrument Type Settings: Customize parameters for different types of instruments (e.g., Forex, Futures, Stocks, etc.), including minimum and maximum order sizes.
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Accounting Type: Choose between Netting (FIFO) or Hedging accounts to match the brokerage account's operation style.
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Free Margin Value: Set a free margin threshold at which the stop-out mode will activate, providing an additional layer of risk management.
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For more detailed information about each parameter and how to configure them, please visit our detailed page: Account & Brokerage Settings.