StrategyQuant X allows you to choose from 3 different strategy “styles”. By style we mean how the strategy is constructed. Every trading strategy consists of set of IF – THEN rules, managing IF something happens THEN do some action. There are however some differences in how exactly these rules are constructed.
Genetic Evolution StrategyQuant first generates initial population of random candidates (using the Random Generation mode) and then uses genetic evolution process to evolve the population and produce better and better candidates with each generation. The process ends when predefined number of generations is reached or when there’s no further improvement.
Strategies in StrategyQuant are saved in their own proprietary file format (with .SQ X extension) that can be opened only by StrategyQuant. If you find potentially good strategies you should always save them so that you can work with them later.