Frequently Asked Questions
What exactly is StrategyQuant?
StrategyQuant is a powerful strategy generation and research tool. It allows you to generate strategies for any market or timeframe using machine learning techniques, it does it automatically and does not require programming skills. The final strategies can be easily saved in formats for MetaTrader, TradeStation, or NinjaTrader.
You can use it to find new and unique algo trading systems that can give you competitive advantage (edge) against other traders.
StrategyQuant is much more than “just” strategy generator – its powerful research capabilities allow you to test your own trading ideas, run complex tests and analysis of systematic trading strategies.
Why is StrategyQuant the best software in its category?
Without trying to brag, we believe StrategyQuant is miles ahead in functionality that any other similar programs.
Every program has some of its unique features, but only StrategyQuant X provides complex strategy development and research environment with unique features such as real tick testing, fuzzy logic, advanced robustness tests such as System Parameter Permutation method, Optimization profile, Walk-Forward Matrix, build-in AlgoWizard strategy editor, custom projects workflow and so on.
You won’t find all this functionality anywhere else.
The focus of SQ X is not only on generating the strategies, but on ensuring their robustnes on markets. SQ X is in constant development, and new advanced features are added regularly.
How much can I earn with the strategies?
This is a bad question. Nobody can tell you this. Profit is also a function of risk – the higher risk brings (or should bring) more profit, but also more danger.
StrategyQuant is used by both “small” retail traders who make a living, as well as by traders who trade with millions of US dollars.
However, it is only up to you how responsibly you build and test your strategies.
If I buy the software, will you help me learn how to use it?
Yes, we will help you.
Even if you have no experience with algorithmic trading, you are covered.
You will get an e-book with detailed description of the strategy development. It is not just a manual, but valuable know-how.
In addition to that, you’ll get a comperhensive 56 lessons Algotrading Video Course that will teach you everything you need to know.
You also get a consultation via Skype in which we will explain everything to you.
Where can I find data for backtesting?
StrategyQuant has integrated data download tool that allows you to download high quality tick data for forex (from Dukascopy). We are working on adding more sources, also for stocks, commodities, cryptocurrencies.
You can also import data exported from other source in virtually any text format.
I miss my favorite indicator, is it possible to add it?
The new StrategyQuant X was made to be extensible, it is possible to add new indicators, signals or other trading blocks there.
We provide a documentation for it, and we can also do it for you to support you as a trader. Just contact us and request your indicator to be implemented – only for full version users, no trials.
How can I find out that strategies are going to be profitable also in real trading?
This is what the robustness tests are for. StrategyQuant includes many tools for robustness testing that allow you to find out how your strategy is vulnerable to different changes. With your software you are getting an e-book where the testing is thoroughly explained and a free consultation where we will also explain everything that you need to know.
What is the difference between the genetic algorithm in StrategyQuant and MetaTrader 4?
These are two completely different things. The one in MetaTrader 4 is only meant for faster optimization of parameters. The one in StrategyQuant allows to find automatically new unique strategies (including those that you wouldn’t normally even think of).
How should I use StrategyQuant with my trading platform, such as MetaTrader, TradeStation, NinjaTrader?
StrategyQuant generates full source code for all the supported trading platforms – currently for MetaTrader 4/5 and Tradestation / MultiCharts.
Other platforms are in preparation.
You simply create a new strategy in your supported platform, copy a source code from StrategyQuant and you can backtest or trade it.
You can use data from us or from any other source. You can also write down the strategy rules and trade it manually if you want.
Is there a Money Back Guarantee?
No, because we offer fully functional trial version of the program, so you can try it before you buy it. We recommend you to do so before making a decision.
Do I need to have experience with algo trading or trading in general?
It is an advantage, but it is not necessary. We provide comprehensive courses where you can learn everything you need to know about building your own algo trading portfolio.
Many newcomers have mastered StrategyQuant. It is important only to be interested and to have the will to learn.
Is the code of a strategy locked?
Strategy source codes are not locked. Program outputs complete source code that you can use and alter if you want.
Can I use strategies generated by StrategyQuant commercially?
Yes, with a full (not trial) license. The strategies that you build are your property so you can use them however you want, even sell them or rent them. There are even funds that operate with tens of milions of US dollars: and they use StrategyQuant.
Why do backtests in MetaTrader 4 and StrategyQuant differ?
Backtesting engines in SQ X is extensively tested to exactly match engine of the target trading platform.
If your backtest is different then the most probable the reason is different trading options or different data used in both platforms.
Please check if you are using the same data and same settings in both programs. If you think you still found a bug you canm open a task for it in our task system: https://roadmap.strategyquant.com and we will investigate it.
Also, note that MetaTrader 4 does not support multi-chart, multi-tf strategies so it will test these strategies incorrectly.
Get fully functional trial version
Request a free trial and put StrategyQuant X to test.