Setting up Cobian Backup for Dreamhost's FTP backup?

The Wiki page for the Dreamhost personal backup isn’t written very well. I can’t really find a clear way to access Dreamhost Personal Backup and was wondering if anyone had success backing up to it with Cobian Backup for Windows and wanted to share how he or she did it!

Any help or direction to get started would be great!

What I’ve done so far:

I created a passwordless user API, enabled the Personal Backup, and tried setting up FTP backup with Cobian trying different settings, but keep getting: