Donna Forex Forum

Systems (EA's and manual), and Managed Accounts => Manual Systems, Trade Journals, Indicators, Manual Trade Help => Topic started by: deweymcg on October 11, 2012, 06:07:09 PM

Title: StrategyQuant
Post by: deweymcg on October 11, 2012, 06:07:09 PM
I am sure many others are getting all sorts of spam e-mails about this--a tool for making your own EA's.

http://www.StrategyQuant.com (http://www.StrategyQuant.com)


Has anyone bought it? Thoughts?
Title: Re: EA Wizard by StrategyQuant
Post by: odysseus11 on October 11, 2012, 07:32:27 PM
I have it - by Mark Fric.
I am pretty excited to run it thru its paces because apparently it now has the ability to use our own indicators - will post a more full review as soon as I can run it and check it out.

Also, I emailed Mark and ask if he would provide a discount coupon code for Donna Forex Members and he said no problem, so here it is : 25% off the already low price (and no Im not an affiliate in any way): STRA-MXR6-KAVA
Title: Re: EA Wizard by StrategyQuant
Post by: deweymcg on October 12, 2012, 07:54:51 PM
Thanks for getting that!

Rep for you
Title: Re: EA Wizard by StrategyQuant
Post by: Fx93 on October 21, 2012, 07:08:11 PM
I was gonna post something about it: I don't have it but it looks pretty good. One video showed how to make volatility based entries and exits. I was hoping to read a review on it. I will likely buy it when I get my stuff together more as far as backtesting, because I'm kind of addicted to thinking about strategies.
Title: Re: EA Wizard by StrategyQuant
Post by: cyberryder on October 21, 2012, 07:18:37 PM
looks interesting! +rep
i recently looked at those 2, but this one seems to be better
http://www.geneticbuilder.com/ (http://www.geneticbuilder.com/) -> [EDIT: is now StrategyQuant]
http://www.molanis.com/products/molanis-strategy-builder/expert-advisor-builder-overview (http://www.molanis.com/products/molanis-strategy-builder/expert-advisor-builder-overview)
Title: Re: EA Wizard by StrategyQuant
Post by: cyberryder on October 21, 2012, 07:36:36 PM
mmh anyone knows, if i can create complex loops with this wizzard (If... Else...)? Can't find sth on the website
Title: Re: EA Wizard by StrategyQuant
Post by: deweymcg on October 22, 2012, 07:10:54 PM
Contact the creator about what you have in mind, but you can do a lot with it. All the trading rules are IF...THEN.... Not sure how to add the "ELSE" part.

I bought it and just started playing with it. So far, I like it a lot and it performs as advertised: you can make an EA pretty quickly and it is easy to use. I made one that after backtesting proved my great idea wasn't so good after all and another one that for some reason works great on a 1 hour chart but tanks on the 15 minute one. In any event, it is fun to play with and I would recommend it to anyone who wants to test some ideas and see how  feasable they are.

You can also make indictors with this instead of EA's.
Title: Re: EA Wizard by StrategyQuant
Post by: landofcash on October 31, 2012, 05:53:23 AM
try this online tool to create signal indicators :)
http://www.landofcash.net/LOCTraderExpertAdvisorSignalWizard.aspx

It is FREE and you can download MQ4 code of your indicator.
The tool is good for simple indiactors like

--Slow MA cross Fast MA and confirmed with Stoch.

here is a quick tutorial:
http://www.landofcash.net/WatchVideo.aspx?video=11
Title: Re: EA Wizard by StrategyQuant
Post by: JCrew7384 on November 01, 2012, 01:55:04 PM
Has anyone heard of ForexInk.com?

Web-based EA creator works in "blocks" of code to build logic.
Title: Re: EA Wizard by StrategyQuant
Post by: jaman on November 21, 2012, 05:27:45 AM
Has anyone heard of ForexInk.com?

Web-based EA creator works in "blocks" of code to build logic.

Was looking at the StrategyQuant until I came across your post. I've since tried them. Did a couple of strategies with their website. It's good, but there are some quirks.

One thing I found was that my cross logic wasn't working. When I looked at the code generated, it showed that their generator did not correctly apply the bar shift to the indicator, so the same indicator value was being checked twice. I had to go in and make changes to get it working.

It is overall a really nice product, but has some bugs in it... It also is missing, I believe, one thing which I really need. That is the ability to declare multi-dimensional arrays that can be used across the scope of your code. I need to push/pop 'objects' onto an array and to use them across my code. The work-around is to simply assume you have the array and to use the name in the builder. Once the code is generated, then go to the top and declare the variable you need... A bit of a headache, but it works.

I wonder how StrategyQuant deals with those things, but I'm not going to purchase that if forexink works fine O.K. for my needs.
Title: Re: EA Wizard by StrategyQuant
Post by: deweymcg on November 25, 2012, 10:19:20 PM
The vendor is very responsive and has helped me with all my questions. I am very happy with the product. If there is a feature you wanted then ask. He might add it in or tell you how to do it.
Title: Re: StrategyQuant
Post by: Berti99 on April 08, 2014, 11:42:22 AM
OK, since the moderator closed my thread about StrategyQuant very fast, I will ask in this thread.
("hint to moderator" start: This thread seems to be about StrategyQuant EA Analyzer/EA Wizard and not about the main product StrategyQuant itself, "hint to moderator" end).

Does anyone have experience with the main product of StrategyQuant (computer generated trading strategies)?
Is it only a powerful curve fitting tool?
Any opinions appreciated.
Title: Re: StrategyQuant
Post by: nordx on April 08, 2014, 11:58:55 AM
OK, since the moderator closed my thread about StrategyQuant very fast, I will ask in this thread.
("hint to moderator" start: This thread seems to be about StrategyQuant EA Analyzer/EA Wizard and not about the main product StrategyQuant itself, "hint to moderator" end).

Does anyone have experience with the main product of StrategyQuant (computer generated trading strategies)?
Is it only a powerful curve fitting tool?
Any opinions appreciated.

Tried to work with this program, I can tell you one thing - there is nothing better than your own hands.

br
VD-FXtrader
Title: Re: StrategyQuant
Post by: nashvilleshelby on June 11, 2014, 12:19:21 AM
It is good to know that the will let you know how to use it. I think that I do like the idea of using my own hands though. Decisions...
Title: Re: StrategyQuant
Post by: cyberryder on August 17, 2014, 05:23:59 PM
OK so i played around with StrategyQuant a whole week, spent around 100h with it. I read the manual. The big gap is there is no real "how-to" documentation. With all the different settings, a newbie can do no more than try&error which is frustrating and eats time.

For example it is unclear:
- Which TF is best? I tested M5, M15, H1, H4, D1. The bigger the TF, the quicker it produces random strategies.
- How long should i choose the history period for In-sample, In-sample-validatio, Out-of-sample?
- which ranking filter should i choose in which step of the process?
- which initial filter for random generation should i choose? At beginning i applied too many filters, so strategies were nearly all dismissed. At the end i only worked with filter "trades <= 300", no matter if profitable or not, let genetic evolution find what is profitable. worked.
- how many genetic evolution cycles are good?
- which filters should i apply for genetic evolution? I only used In-sample-validation stagnation for 10 periods.

Results
- you really need a fast computer for this. My 8 vCPU i7-2600 running at 4GHZ, 8GB RAM, SSD and Win8.1x64 was nearly at full throttle all the time. Multithreading works great. I also tested it on AWS cloud with 32 vCPU XENON, but it was only a tiny bit faster than my i7. Think the virtualization layer eats a lot. The more trades you have on your strategies, the more RAM you need as it stores all trades within RAM and then crushes this data with genetic algorithms. My tests used between 1000 - 10.000 trades. 1000 was quite rapid to process. 10.000 was taking days. This is the fastes method. If RAM is full, data goes to my SSD. With no SSD it's slower.

- I was finally able to generate some strategies, using nearly all available building blocks on M5, M15, H1 with some acceptable equity curve, PF1,2 - 2, Avg Return/DD 3-7, stagnation period <30%.

- My avg. yearly profit only was 20-40% using 5% risk/trade on M5. As this was the BEST coming out from thousands of random strategies together with genetic evolution, i was quite dissapointed.

- Best part is the robustness test using Monte-Carlo. However there seems to be a bug inside. You can't use it together with genetic evolution.

For now i would not buy it, while i surely still have a lack of education on it.

Anyone here using it successfully?
Title: Re: StrategyQuant
Post by: iwillsurvive on August 17, 2014, 07:12:26 PM
Thanks Cyberryder,

I played with Strategy Quant (free trial version) about 1 year ago and didn't manage to find acceptable profitable strategies.

I think the main reason was because I was impatient. I expected too much and thought profitable strategies could be found in 2 to 3 hours. The software did find profitable strategies but it was with erratic conditions.

For example, it would be a nice upward sloping equity curve, but it would have 10 trades per year, or odd exit strategies ( i.e entry when there is a daily engulfing candle, and exit 46 days later)

I also did notice that 5m and 15m TFs are much harder to find profitable strategies compared to daily TF. Probably because 5m and 15m TF has a lot of noise
Title: Re: StrategyQuant
Post by: drunkfx on August 20, 2014, 09:33:18 AM
Thanks Cyberryder,

I played with Strategy Quant (free trial version) about 1 year ago and didn't manage to find acceptable profitable strategies.

I think the main reason was because I was impatient. I expected too much and thought profitable strategies could be found in 2 to 3 hours. The software did find profitable strategies but it was with erratic conditions.

For example, it would be a nice upward sloping equity curve, but it would have 10 trades per year, or odd exit strategies ( i.e entry when there is a daily engulfing candle, and exit 46 days later)

I also did notice that 5m and 15m TFs are much harder to find profitable strategies compared to daily TF. Probably because 5m and 15m TF has a lot of noise

Yes lower timeframes are full of noise you can only make guesses there, no tenable analytical work. Nothing thwart us to lower lot size and stretch our positions to greater time dimensions
Title: Re: StrategyQuant
Post by: cyberryder on August 20, 2014, 10:34:46 PM

Thanks Cyberryder,

I played with Strategy Quant (free trial version) about 1 year ago and didn't manage to find acceptable profitable strategies.

I think the main reason was because I was impatient. I expected too much and thought profitable strategies could be found in 2 to 3 hours. The software did find profitable strategies but it was with erratic conditions.

For example, it would be a nice upward sloping equity curve, but it would have 10 trades per year, or odd exit strategies ( i.e entry when there is a daily engulfing candle, and exit 46 days later)

I also did notice that 5m and 15m TFs are much harder to find profitable strategies compared to daily TF. Probably because 5m and 15m TF has a lot of noise

Yes lower timeframes are full of noise you can only make guesses there, no tenable analytical work. Nothing thwart us to lower lot size and stretch our positions to greater time dimensions
Ok and what is your experience with the product?
Title: Re: StrategyQuant
Post by: geektrader on November 22, 2014, 07:48:39 AM
I seriously wonder why this isnt discussed more. Especially with the latest version 3.8 this masterpiece is a dream coming true for every system developer out there (and for the end-user as well). I have tested many such products throughout the year, but this monster is the most complete Ive ever seen and Ive yet to find a point that is not implemented already - and I am VERY heavy in my needs and what I expect from such a software. Ive been building profitable strategies with it for a while now and the developer is really working hard on it to improve it further, and it IS already amazing. Alone the "build a strategy that must work on X pairs (up to 7 supported right now)"-feature that allows you to find universal strategies that work on almost any pair and hence have a high chance to suceed in the future as well is simply priceless. Yet alone all the fitness functionality that the genetic evolution can use.

Really guys, this is a (yet) hidden monster, Ive never seen any software that is even close to it on the market right now! Give it a try, they have a free trial with full functionality on their site too.
Title: Re: StrategyQuant
Post by: JCrew7384 on November 22, 2014, 05:38:44 PM
I have it but have struggled to make anything that consistently works... You say you have profitable programs/settings? Would you mind sharing some of your process?
Title: Re: StrategyQuant
Post by: AtlantaSean on November 22, 2014, 08:30:36 PM
Just bought this to use expressly with the custom indicator function. Tested and although I've not produced results yet, there are no limits to the combinations this can sample. Is very nice looking software and I can tell that the more work I put into it, the more probable it is that a good strategy will be produced.
Title: Re: StrategyQuant
Post by: corre971 on November 22, 2014, 09:47:43 PM
For sure Strategy Quant is a very advanced software and i was thinking to try it last winner but did not had enough time, so decided to skip. If will have time, i will use the trial version and see how it works. For sure a lot of users know it, but only to inform the other Who don't know, that a lot of brokers offers for free some software (like Molanis) and other similar, which permits to build in a very simple way Expert Advisors based on combinations of Indicators (standard and some versions also with custom indis) and also on some price action conditions. Of course they do not have all the features of Strategy Quant, but are offered for free and can be a good start. Anyway i would warn to pay attention in using live Expert advisors using Indicators (specially If are used many combinations o them) only because they showed very good BT results, because live trading results could be much different
Title: Re: StrategyQuant
Post by: geektrader on November 23, 2014, 06:33:59 AM
StrategyQuant has nothing to do with the manual building tools youve mentioned in where the user can manually build a strategy with indicators and rules he/she choses (there are tons of such programs yes), StrategyQuant builds strategies completely on its own by genetic programming and to specific criterias you are looking for like best net profit / dd ratio, stability of equity curve, etc etc.

Yes, I have found several profitable strategies, with all the robustness-tests they have now like that the strategy must work on other pairs you chose or still make profit if price data is randomized by X%, monte carlo, etc etc, you can find profitable strategies "easily". Of course you have to play with the building settings for a while until you find the right settings to achieve the strategies YOU are looking for.
Title: Re: StrategyQuant
Post by: corre971 on November 23, 2014, 08:06:28 AM
StrategyQuant has nothing to do with the manual building tools youve mentioned in where the user can manually build a strategy with indicators and rules he/she choses (there are tons of such programs yes), StrategyQuant builds strategies completely on its own by genetic programming and to specific criterias you are looking for like best net profit / dd ratio, stability of equity curve, etc etc.

Yes, I have found several profitable strategies, with all the robustness-tests they have now like that the strategy must work on other pairs you chose or still make profit if price data is randomized by X%, monte carlo, etc etc, you can find profitable strategies "easily". Of course you have to play with the building settings for a while until you find the right settings to achieve the strategies YOU are looking for.
Infact i have also told that Strategy Quant is much better and has much more features (but is also very expensive). While the Tools like Molanis (normally not free) are  offered for free from some Brokers to all customers or to customer which Mets some characteristic. My goal was only to inform other users of this "free" opportunity. And Anyway with Molanis u are not simply limited in building EAs using indicators, but u can use many other element and with some advanced version u can also use, If i am not wrong (and maybe i am since i am not a Molanis user at lest for the moment) also custom indicators. So my goal is only to inrorm other users that there are also some (less advanced Of course) tools but for free.
Title: Re: StrategyQuant
Post by: Cyrus Kulak on September 21, 2017, 09:01:12 AM
The EA Wizard's logic is to create the trade strategy setup by using the left and right drop-down functions which contain the indicators and price functions such as bid, ask, open, close, high, low etc. It must be remembered to match the magic number with the strategy commands and the order commands. A great feature so that several strategies can be incorporated into the one EA very easily.
Title: Re: StrategyQuant
Post by: felipebr on March 07, 2019, 02:11:52 PM
Hi people! Look I have one StrategyQuant license but I don't have a good PC to run it.

If anyone who have a good PC would like to patnership with me would be great, we can run it and share the generated strategies. Please contact me here or in private messages.

A good PC would be at least with 10 cores and 12GB of RAM guys.  :)

Regards
Title: Re: StrategyQuant
Post by: FLechdrop on March 08, 2019, 09:35:31 AM
Does this let you use custom indicators, or code your own? Or can you just use the ones include in the package?
Title: Re: StrategyQuant
Post by: felipebr on March 08, 2019, 01:49:22 PM
Does this let you use custom indicators, or code your own? Or can you just use the ones include in the package?

I never used custom indicators on it but yes I can... it's very cool but we need a powerfull computer to crush the data faster. In my experience it takes a lot of time in "weak" PCs. Many processor cores better.

Regards
Title: Re: StrategyQuant
Post by: FLechdrop on March 08, 2019, 01:58:05 PM
OK. Perhaps I could try the trial and see how it goes.
Title: Re: StrategyQuant
Post by: Pegasus FX on March 09, 2019, 02:35:07 PM
Thank you for starting this thread.  I myself am interested in delving into Algo trading strategies and Strategy Quant as well as a few other providers have perked my interest.  I plan to study Algo trading first before I potentially purchase StrategyQuant, as I like to have a good base understanding of a subject before committing fully. 

I plan to read the book 'Algorithmic Trading and DMA: An introduction to direct access trading strategies' written by Barry Johnson which has been recommended to me as a good introduction to this field.

Does anyone know of any good books/articles about backtesting algo strategies? I am particularly interested in stress testing, i.e. monte carlo method and so forth?

Title: Re: StrategyQuant
Post by: diyforexskills on March 14, 2019, 07:43:19 AM
Thank you for starting this thread.  I myself am interested in delving into Algo trading strategies and Strategy Quant as well as a few other providers have perked my interest.  I plan to study Algo trading first before I potentially purchase StrategyQuant, as I like to have a good base understanding of a subject before committing fully. 

I plan to read the book 'Algorithmic Trading and DMA: An introduction to direct access trading strategies' written by Barry Johnson which has been recommended to me as a good introduction to this field.

Does anyone know of any good books/articles about backtesting algo strategies? I am particularly interested in stress testing, i.e. monte carlo method and so forth?

Chris from coensio has posted recently on this. The whole approach to strategy development, not just the BT.

https://www.coensio.com/wp/simulated-forward-test/