# Settings
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**Instance Name sets the window name. Useful when running multiple Octopi to keep organized. **[](http://docs.octopitrader.com/uploads/images/gallery/2025-11/image14.png)
Layout lets you Set and Apply (Open and re-place to Set Locations) all of the Octopi Windows you work with such as Controller, Monitor, and Main window.
Compiler location setting for advanced users that keep your compilers elsewhere.
Update Current and Pre-release - only go to Pre-Release if you’ve been instructed to or if you are adventurous. We don’t support Pre-Release versions for anybody other than the users we are working with to test these. If you upgrade and run into issues it’s on you!
Statistics exports data for QuantAnalyzer to use. See post about it here: [https://discord.com/channels/1207787953116553279/1312635388489105418/1355999901846212892](https://discord.com/channels/1207787953116553279/1312635388489105418/1355999901846212892)
**Tags This setting is to automatically tag Signals and Studies that get created in the process of making Persistent Variables. Helps you identify what you’ve created inside of Signals or elsewhere vs Signals created for the purpose of setting/resetting/etc of Variables. Keep this on, or don’t - your call.**