> For the complete documentation index, see [llms.txt](https://jester.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://jester.gitbook.io/docs/tools/oracle/settings.md).

# Settings

### Account Settings

#### Account Size

Defines the starting capital for your backtest simulation.

* **Default:** $1,000 (customizable)
* **Impact:** Determines position sizing and overall profit/loss calculations. Larger account sizes result in larger position sizes when using the same risk percentage.
* **Where to Set:** Initial setup or via the Settings menu.

<figure><img src="/files/rtJ6EOaanpGPuKfbLkum" alt=""><figcaption></figcaption></figure>

Risk Per Trade

Percentage of your account you're willing to risk on each trade.

* **Default:** 1% (customizable)
* **Impact:** Directly affects position sizing; higher risk percentages result in larger positions and more volatility.
* **Where to Set:** Initial setup or via the Settings menu.

<figure><img src="/files/o8LHdzGIEn3X9JAcYXdF" alt=""><figcaption></figcaption></figure>

### Fee Settings

#### Maker Fee

Fee charged when placing a limit order that adds liquidity.

* **Default:** 0.1% (customizable)
* **Impact:** Influences trade costs and net profitability. Typically lower than taker fees.
* **Where to Set:** Initial setup or via the Settings menu.

<figure><img src="/files/vLMmonH0zudFNptZTe8r" alt=""><figcaption></figcaption></figure>

#### Taker Fee

Fee charged when placing a market order that removes liquidity.

* **Default:** 0.2% (customizable)
* **Impact:** Generally higher fees impacting total cost and net profitability.
* **Where to Set:** Initial setup or via the Settings menu.

<figure><img src="/files/vrksCIQEHDOjXkuL1ewW" alt=""><figcaption></figcaption></figure>

### Exit Strategy Settings

<figure><img src="/files/xogOAQ28aBO9MRcWTRre" alt=""><figcaption></figcaption></figure>

#### Disabled (Full Position)

Entire position is closed at once.

* **Impact:** Simplest approach; profits or losses realized fully at exit.

#### Take Profit 1 Only

Exits entire position at first take profit (TP1).

* **Impact:** Conservative, secures early profits but may miss further upside.

#### Take Profit 2 Only

Exits entire position at second take profit (TP2).

* **Impact:** Aggressive, aims for higher gains but risks reversals.

#### Both TP1 & TP2

Splits position between TP1 and TP2.

* **Impact:** Balanced; secures partial profits early and allows remaining to pursue higher targets.
* **Configuration:** Define percentage exiting at TP1 (e.g., 50%), remainder exits at TP2.

#### Bias Switch Only

Entire position closes upon market bias change.

* **Impact:** Trend-following; remains open until bias shifts.

#### TP1 + Bias Switch

Partially exits at TP1; remainder closes upon bias change.

* **Impact:** Captures profits at defined levels while maintaining trend exposure.
* **Configuration:** Define percentage exiting at TP1; remainder exits at bias switch.

#### TP2 + Bias Switch

Partially exits at TP2; remainder closes upon bias change.

* **Impact:** Targets larger initial profits and maintains trend exposure.
* **Configuration:** Define percentage exiting at TP2; remainder exits at bias switch.

#### TP1 + TP2 + Bias Switch

Exits portions at TP1 and TP2; remainder closes upon bias change.

* **Impact:** Sophisticated; allows multi-level profit-taking and continued trend exposure.
* **Configuration:** Define percentages exiting at TP1, TP2, with remainder exiting at bias switch.

### Exit Percentage Settings

#### TP1 Exit Percentage

Percentage of position exited at TP1.

* **Range:** 10%–100% (customizable)
* **Impact:** Higher percentages secure more profits early but reduce potential upside.

#### TP2 Exit Percentage

Percentage of position exited at TP2.

* **Range:** 10%–100% (customizable)
* **Impact:** Defines how much profit is secured at second target.

#### Bias Exit Percentage

Percentage exited when market bias changes.

* **Calculation:** Automatically determined based on remainder after TP1/TP2 exits.
* **Impact:** Flexible; finalizes trade exits based on trend shifts.

### Additional Features

#### Extract Settings

Allows extraction of your current settings to the automation workslow

* **Impact:** Useful for documentation or sharing configurations.

#### Analyze Version Performance

Compares performance across algorithm versions.

* **Availability:** Standard tier users and above.
* **Impact:** Identifies optimal algorithm versions matching your trading style.

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