Download the software for free
On the previous page you have downloaded the program.
Open the “Analyzer” Excel file
Locate within your PC the Analyzer file just downloaded and open it.
Download the Excel spreadsheet of the operations performed by the Signal Provider.
Login to your Zulutrade real or demo account and enter the personal profile of the Signal Provider you wish to analyze. In the section on the bottom right, as you can see from the image, you can find the function key “Export to Excel“.
Click on the button, Zulutrade will give you the opportunity to choose the Excel format you want (version 2003 or 2007). Make the choice consistently with the system you are using and complete the process downloading the file.
Open the file you just downloaded
Locate within your pc the Excel file you just downloaded from the Signal Provider’s profile and open it.
Usually the file is named: “TradeHistory_signalprovidername“.
At this point you have two Excel files open
The concerned files are:
- our Analyzer software;
- the file with the Signal Provider’s operations (which usually shows the name TradeHistory_signalprovidername);
Copy the data of the Signal Provider spreadsheet and paste it in the Signal Style empty spreadsheet
STEP 1: from the Signal Provider Excel, the one with the name “TradeHistory_signalprovidername”, select with the left mouse button the square that you find in the upper left, as you can see from the image.
After clicking on the box all the cells of the Excel spreadsheet will be selected.
At this point you have to copy what you have selected and you can do it in two ways:
- holding down on the keyboard the “CTRL” button and pressing “C” (CTRL + C);
- or by clicking with the right mouse button in the usual square in the upper left and selecting “copy”.
Again as you can see from the image, the selected part changes color and, once it has been copied, the edges become dashed.
STEP 2: move on our Signal Style Excel file, on the sheet “Input data”, and paste the copied part.
First, select the cell A1 with the left mouse button, and proceed to paste what you have copied in two ways:
- holding down on the keyboard “CTRL” button and pressing “V” (CTRL + V);
- or by clicking with the right mouse button in the cell A1 and then selecting “Paste”.
Before proceeding with the analysis, as the image to your right, fill in the fields “MaxDD in pips”, “Pips before MaxDD” and “slippage”. If you are not sure how to do that, you will find the indications within the “INSTRUCTIONS” sheet.
Once compiled these required fields, click on CALCULATE, the program will perform the complex calculations bringing you back the different values and the charts related to them.
If you want to keep the data analysis you can also print the sheets by clicking on “Print”.
The program will return results that are nothing more than an analysis made by crossing data from all transactions made by the Signal Provider. It’s therefore important that the historical list is long enough (at least one year is recommended).
Keep in mind that the result is determined by a mechanical analysis of the data. Consider it therefore as a help for the evaluation, but do not to exclude or include a signal provider in your portfolio only on the basis of the results obtained with the program analysis.
Use this analysis in a constructive way, as an aid to the formation of a personal and organic judgment of the Signal Provider in front of you.
To have the “Signal Style” Excel file always ready to make analysis, never save the changes, that way you’ll always start from the beginning. Otherwise, simply create a copy of the file and work on that.
Should you have saved some changes, and you could not make the calculations as I have described, then download the file again from our site, you can download it as many times as you want.