In this page, you will learn how to properly set up the 'Properties' of the StratBuilder to fit your trading goals.
Once you have added the StratBuilder to your chart, you can click on the settings for it by hovering over the name and clicking the gear icon.
- at the top of the settings is where all the StratBuilder conditions and inputs are set.
- at the top of the settings is going to determine how TradingView's Strategy Tester (their backtesting feature) is going to calculate trade size for our StratBuilder strategies.
Click on the '' tab at the top of the settings. These are the settings that will affect the backtests. All settings should be looked at but the 3 most important are '', '', and ''.
represents the amount of funds initially available for the strategy to trade, in the currency defined in Base Currency.
requires a value and a calculation mode. The three calculation modes are:
- the strategy will enter with the specified number of contracts/shares/lots.
- the strategy will enter the amount specified in base currency.
- position sizes will be calculated as a percentage of the available equity when the trade opens.
A value and calculation mode must be supplied. Note that commission is applied on both entries and exits, and that when a percentage is used, the calculated commission will vary with the value of the transaction:
- imposes a commission on each order equal to the specified percentage.
- imposes a commission on each contract.
- imposes a commission on each order.
with an initial capital of $10,000, an order size of 8,000 USDT per trade, and a commission of 0.06%.
with an initial capital of $300,000, an order size of 50 contracts per trade, and a commission of 0.35 USD per contract.
with an initial capital of $200,000, an order size of 100,000 contracts per trade (standard lot), and a commission of 1%.