Quick Start Guide
Get up and running with MangoLabs in under 10 minutes. This guide will walk you through building your first strategy, running a backtest, and understanding the results.
What You'll Learn
- Understanding the MangoLabs interface
- Building your first trading strategy visually
- Running your first backtest
- Analyzing backtest results
- (Optional) Setting up paper trading
Step 1: Understand the Interface
MangoLabs is organized into four main sections. You don't need to understand everything right now - we'll start with the essentials:
Strategies
Design trading strategies using our visual node-based canvas builder. This is where you'll start.
Backtests
Test your strategies against historical data with comprehensive performance metrics.
Features (Advanced)
View and create custom technical indicators. Features are shared across all users - you can use existing ones!
Paper Trading (Optional)
Deploy strategies in real-time simulation with live market data. Only needed after backtesting.
Step 2: Build Your First Strategy
Let's create a simple trading strategy using the visual canvas. For this quick start, we'll build a basic RSI mean reversion strategy:
Creating Your Strategy
- Navigate to "Strategies" in the sidebar
- Click "Create New Strategy"
- Give it a name (e.g., "My First RSI Strategy")
- You'll see a visual canvas with a node palette on the left
- Follow the First Strategy Guide for detailed steps
Good News: Features like RSI, MACD, and Bollinger Bands are already created and available to all users. You don't need to create them yourself - just use them in your strategy!
Step 3: Run Your First Backtest
Once you've built your strategy, it's time to see how it would have performed historically:
Running a Backtest
- On your strategy page, click the "Backtest" button
- The backtest will run automatically on BTCUSDT 1-minute data
- Wait 30-60 seconds for results (progress bar will show status)
- View the results including equity curve, metrics, and trade history
Once complete, you'll see comprehensive results including:
- Equity Curve: Visual representation of portfolio value over time
- Performance Metrics: Total return, Sharpe ratio, max drawdown, win rate, and more
- Trade History: Detailed log of all executed trades with entry/exit prices
- Statistics: Average profit/loss, trade frequency, profit factor
Interpreting Results: Look for a Sharpe Ratio >1.0, Win Rate >50%, and Max Drawdown <25%. If your strategy doesn't meet these targets, iterate on the logic and try again!
Step 4 (Optional): Deploy to Paper Trading
Once you're happy with your backtest results, you can deploy your strategy to paper trading to see how it performs in real-time:
Setting Up Paper Trading
- Navigate to "Paper Trading" in the sidebar
- Click "Create New Account"
- Enter a name (e.g., "Main Trading Account")
- Set your initial balance (default: $10,000 USD)
- Click "Create Account"
- Go back to your strategy and click "Deploy to Paper Trading"
- Select your paper trading account and confirm
Important: Paper trading uses real market data but virtual money. It's completely risk-free and perfect for validating your strategy before considering live trading.
What's Next?
Now that you've completed the quick start, here are the recommended next steps:
Build Your First Strategy
Learn how to use the visual strategy builder to create a simple RSI-based mean reversion strategy.
Understand Features
Dive deep into the feature system and learn how to create custom technical indicators.
Follow a Complete Tutorial
Step-by-step guide to building, testing, and deploying an RSI mean reversion strategy.
Need Help?
If you encounter any issues or have questions:
- Check our FAQ for common questions
- Join our Discord community to connect with other traders
- Report an issue if you find a bug