My review of StrategyQuant from strategyquant.com after 10 days of trial. - futures io
futures io



My review of StrategyQuant from strategyquant.com after 10 days of trial.


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one Christophe with 3 posts (11 thanks)
    2. looks_two Mabi with 2 posts (3 thanks)
    3. looks_3 markfric with 2 posts (2 thanks)
    4. looks_4 solotrader with 1 posts (3 thanks)
      Best Posters
    1. looks_one Christophe with 3.7 thanks per post
    2. looks_two solotrader with 3 thanks per post
    3. looks_3 kevinkdog with 2 thanks per post
    4. looks_4 Mabi with 1.5 thanks per post
    1. trending_up 20,164 views
    2. thumb_up 24 thanks given
    3. group 18 followers
    1. forum 16 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

My review of StrategyQuant from strategyquant.com after 10 days of trial.

(login for full post details)
  #1 (permalink)
 Christophe 
Sydney Australia
 
Experience: Beginner
Platform: Ninja Trader
Trading: CL, ES, AUD/USD
 
Posts: 51 since Apr 2013
Thanks: 27 given, 31 received

I stumble upon Strategy Quant software while looking for articles about optimizing strategies in NT7.
It wasn't what I was originally looking for but the software features really intrigued me.

Here's a quick description of what the software do from their own website.
"StrategyQuant is a powerful strategy development platform that uses machine learning techniques and genetic programming to automatically generate new automated trading systems for any market or timeframe"

Seeing that this software offers a free 2 weeks trial I decided to give it a go.

My first impression of the software was very good. The interface looks a bit dated but other than it's pretty intuitive and settings are all pretty much self explanatory. Anyone with experience with automated strategy development shouldn't have much trouble using this software.

Since I didn't want to miss a minute of the 14 days trial I decided to give it a go as soon as I received my trial key.
I wanted to test the software on ES and CL. Already I could see the first limitation of the software. SQ seems to be primarily developed for Forex traders. The only way to import futures historical data was to import continuous contracts. SQ doesn't have any notions of contract expiry and roll over. Anyway I decided to import a few years worth of 1 minute historical data for both CL and ES.
After my data was imported I decided to start SQ on ES first.
To do so you need to select your instrument, your timeframe as well as many other options, like which building block (indicators, conditional rules....) you want to include or exclude. (The list of settings is pretty big and I would recommend looking at SQ documentation to get a better understanding)
Once all set and nearly as soon as you press the start button you can start seeing strategies being generated and back tested.
After several hours of calculation I was expecting to be able to have a few strategies worth testing further. At least that's the theory.
Sadly after nearly 10 days of crunching numbers almost non stop for either CL or ES I couldn't find a strategy that will run successful in Ninjatrader on a previously untested time-frame. Worse, if tested on the same time-frame I'd often get very different equity curves.
I have also found out that Strategy Quant doesn't have a support email. Instead you are invited to post your questions in a forum. I posted questions related to historical data in their support forum on the day I started the trial and they have not yet been answered. Even worse after seeing my post unanswered for several days I decided to post a message in their pre-sale section (thinking I will get more attention) the message was simply deleted the next day.

In short here's what I liked and disliked about the product:

Pros:
  • Interesting concept
  • Easy to use UI
  • Lots of options
  • Lots of building blocks
  • Generated code (for NT at least) is very easy to read
  • Compatible with not only NT7 but also Metatrader and Tradestation (I only tested it with NT)
  • The application seems to be updated fairly regularly (a few times a year)
  • 2 weeks free trial

Cons:
  • Difference between SQ backtesting and NT backtesting (sometimes huge)
  • Too FX centric
  • Very small community
  • Getting a successful strategies is tougher than it looks (I personally couldn't succeed)
  • Extremely limited support (no support email, unanswered questions in the forums).

Conclusion :
Would I recommend this program? Considering the lack of support I wouldn't. If my questions were answered on time maybe I would have been able to progress further and maybe come with some successful strategies.
That being said I'd definitely invite anyone who is curious to try the program for 2 weeks.

Hope you've found this short review helpful.

Started this thread Reply With Quote
The following 10 users say Thank You to Christophe for this post:

Can you help answer these questions
from other members on futures io?
Indicator from a HTF on a LTF chart
NinjaTrader
need help writing easylanguage radarscreen weekly perfor …
EasyLanguage Programming
Simple "runner" code
EasyLanguage Programming
Multichart NET: where can i find esplanation on CustomIn …
MultiCharts
EasyLanguage: fetch option price using Stock ticker
EasyLanguage Programming
 
Best Threads (Most Thanked)
in the last 7 days on futures io
How much do you know about Bitcoin?
93 thanks
FIO Journal Challenge - April 2021 w/Jigsaw Trading
38 thanks
The Crude Dude Oil Trading System
36 thanks
I finally blew up an account
35 thanks
The tiyfTradePlanFactory indicator
21 thanks
 
(login for full post details)
  #3 (permalink)
 markfric 
Prague
 
Experience: Advanced
Platform: MetaTrader, TradeStation
Trading: Forex
 
Posts: 2 since Dec 2012
Thanks: 0 given, 1 received


thank you for the review, it is valuable to get users opinions.
I have to admit that we were struggling with support recently, we are a small software company. But we are working on improving our support.

As for the differences in tests, the reason is usually data or settings differences, they can have big impact. But we will investigate the case if users send us a sample, it is our aim to make backtesting as reliable as possible.

Trying the program - I think it is a new approach to strategies development that most automatic traders here haven't tried yet, so it is interesting only from this point of view. And it is one of the way to build a successful trading, we have success stories among our users.

But it is not easy to succeed, as it is not easy to succeed in trading in general.
StrategyQuant is a tool that can save thousands of strategy development hours, but it is not a holy grail.

Disclaimer - I'm the main architect of the program, so I'm obviously biased

Reply With Quote
The following 2 users say Thank You to markfric for this post:
 
(login for full post details)
  #4 (permalink)
 solotrader 
Cyprus
 
 
Posts: 68 since Jul 2013

We have tried several programs that do claim to find trading systems for you. My company invested about 30K in related software. We have found out that Price Action Lab creates more robust systems and we have upgraded since to all new versions. Support is excellent and they have answered all questions to our satisfaction.

BTW StrategyQuant is almost the same with Adaptrade. Only minor differences that we could find. We are also in the process of testing tssb but no significant results are available yet.

Reply With Quote
 
(login for full post details)
  #5 (permalink)
 Tymbeline 
Leeds UK
 
Experience: Intermediate
Platform: TradingView
Broker: LCG, Oanda
Trading: ES, 6E, Cable
 
Tymbeline's Avatar
 
Posts: 476 since Apr 2015
Thanks: 1,263 given, 659 received


Christophe View Post
Strategy Quant doesn't have a support email. Instead you are invited to post your questions in a forum. I posted questions related to historical data in their support forum on the day I started the trial and they have not yet been answered. Even worse after seeing my post unanswered for several days I decided to post a message in their pre-sale section (thinking I will get more attention) the message was simply deleted the next day.

This sounds like the part of the process you should perhaps be paying attention to, Mark?

I speak only for myself, but that revelation certainly stops me from buying: I'm surprised to hear you're selling a product of that kind without offering even email support.

Reply With Quote
 
(login for full post details)
  #6 (permalink)
 angela d 
New York City, NY USA
 
Experience: Advanced
Platform: NinjaTrader
Trading: ES, ER
 
Posts: 27 since May 2015
Thanks: 10 given, 28 received

Thanks for the reviews everyone. I'm looking for a more intuitive strategy builder. I'll keep looking.

I may have to just roll up my sleeves and go through Mike's instructional videos and get it done from scratch.

Reply With Quote
 
(login for full post details)
  #7 (permalink)
 WattMan 
New Brunswick, NJ, USA
 
Experience: Intermediate
Platform: ThinkOrSwim
Trading: Stocks (currently), Futures & Options (starting), Forex (maybe someday)
 
Posts: 9 since Dec 2014
Thanks: 19 given, 0 received


Christophe View Post
I wanted to test the software on ES and CL. Already I could see the first limitation of the software. SQ seems to be primarily developed for Forex traders. The only way to import futures historical data was to import continuous contracts. SQ doesn't have any notions of contract expiry and roll over. Anyway I decided to import a few years worth of 1 minute historical data for both CL and ES.

Thanks @Christophe for this - helps me as I am evaluating the same. Did you test this on stocks? Any findings you can share that would be helpful for folks like me?

Reply With Quote
 
(login for full post details)
  #8 (permalink)
 Christophe 
Sydney Australia
 
Experience: Beginner
Platform: Ninja Trader
Trading: CL, ES, AUD/USD
 
Posts: 51 since Apr 2013
Thanks: 27 given, 31 received

Only tried on futures.

Sent using the futures.io mobile app

Started this thread Reply With Quote
 
(login for full post details)
  #9 (permalink)
 markfric 
Prague
 
Experience: Advanced
Platform: MetaTrader, TradeStation
Trading: Forex
 
Posts: 2 since Dec 2012
Thanks: 0 given, 1 received

it should work for stocks as same as for futures or forex.

As for the support, I don't want to make a bad impression. We always had email support, I wouldn't dare trying to sell it without any support.
We had problems with support in the (older) past, and emails were sometimes replied late, but it is all worked out now.

We started offering also Skype support for customers and users with serious interest.

Reply With Quote
 
(login for full post details)
  #10 (permalink)
 xplorer 
Site Moderator
London UK
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
 
xplorer's Avatar
 
Posts: 5,386 since Sep 2015
Thanks: 13,590 given, 13,094 received



markfric View Post
it should work for stocks as same as for futures or forex.

As for the support, I don't want to make a bad impression. We always had email support, I wouldn't dare trying to sell it without any support.
We had problems with support in the (older) past, and emails were sometimes replied late, but it is all worked out now.

We started offering also Skype support for customers and users with serious interest.

hi there Mark

It sounds to me like you should get in touch with @Big Mike to change your user status to 'vendor', given you are speaking on behalf of this company.

Reply With Quote
The following user says Thank You to xplorer for this post:
 
(login for full post details)
  #11 (permalink)
 SMCJB 
Legendary Market Wizard
Houston, TX
 
Experience: Advanced
Platform: Trading Technologies
Broker: Primary Advantage Futures. Also ED&F and Tradestation
Trading: Primarily Energy but also a little GE, GC, SI & Bitcoin
 
Posts: 4,092 since Dec 2013
Thanks: 3,402 given, 8,109 received


Christophe View Post
I wanted to test the software on ES and CL. Already I could see the first limitation of the software. SQ seems to be primarily developed for Forex traders. The only way to import futures historical data was to import continuous contracts. SQ doesn't have any notions of contract expiry and roll over. Anyway I decided to import a few years worth of 1 minute historical data for both CL and ES.


markfric View Post
it should work for stocks as same as for futures or forex.

So how does the data work for Futures? Do you still have to import all your own data or is their any available data options (for futures)


xplorer View Post
hi there Mark

It sounds to me like you should get in touch with @Big Mike to change your user status to 'vendor', given you are speaking on behalf of this company.

+1

Reply With Quote
The following user says Thank You to SMCJB for this post:
 
(login for full post details)
  #12 (permalink)
 Christophe 
Sydney Australia
 
Experience: Beginner
Platform: Ninja Trader
Trading: CL, ES, AUD/USD
 
Posts: 51 since Apr 2013
Thanks: 27 given, 31 received


SMCJB View Post
So how does the data work for Futures? Do you still have to import all your own data or is their any available data options (for futures)

+1

I believe it wasn't build with futures in mind.
From what I remember and as mentioned in my post you'd need to import continuous futures contract data.

I have noticed the version number hasn't moved. I had version 3.8 in 2015 and it's still the latest version available on their server.
I'd be a bit cautious investing money in this software if no serious update have been made in almost two years.

Started this thread Reply With Quote
The following user says Thank You to Christophe for this post:
 
(login for full post details)
  #13 (permalink)
 George P 
Ath. Gr.
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, 6E
 
Posts: 40 since Nov 2016


solotrader View Post
We have tried several programs that do claim to find trading systems for you. My company invested about 30K in related software. We have found out that Price Action Lab creates more robust systems and we have upgraded since to all new versions. Support is excellent and they have answered all questions to our satisfaction.

BTW StrategyQuant is almost the same with Adaptrade. Only minor differences that we could find. We are also in the process of testing tssb but no significant results are available yet.

Giasou and kalimera Solotrader,

what is "...tssb..."? Anyway I'd like to contact with you. Please reply.

Reply With Quote
 
(login for full post details)
  #14 (permalink)
 kevinkdog   is a Vendor
 
 
Posts: 3,003 since Jul 2012
Thanks: 1,598 given, 5,970 received


George P View Post
Giasou and kalimera Solotrader,

what is "...tssb..."? Anyway I'd like to contact with you. Please reply.


Computer software based on this book: https://www.amazon.com/Statistically-Learning-Algorithmic-Financial-Instruments/dp/148950771X/ref=sr_1_2?ie=UTF8&qid=1486308453&sr=8-2&keywords=david+aronson

Follow me on Twitter Reply With Quote
The following 2 users say Thank You to kevinkdog for this post:
 
(login for full post details)
  #15 (permalink)
 Mabi 
sweden
 
Experience: Advanced
Platform: NinjaTrader,MetaTrader
Trading: futures, FX
 
Mabi's Avatar
 
Posts: 141 since Oct 2010
Thanks: 121 given, 135 received

I got Strategyquant (SQ) in mid 2016. Tried to make it work with Futures and Ninjatrader. I gave that up for various reasons. The largest reason was that since SQ spits out millions of strategies there is a need to be able to test them in SQ and not in Ninjatrader. Since we can only use selected time frame in SQ with Ninjadata the accuracy is not there, You simply do not know if the result from your test match the reality. And how would you go about to test 1000 strategies in Ninjatrader Market replay. Well i tried and found that 99.99% failed and gave up.

But then i switched to MT4 and Forex and since November 2016 i have added strategies to Forex portfolios made in SQ and are today pretty happy that i did. It seems to work fine even thought it is just as much work making and testing strategies as before i had SQ but the reults is better and today i have 3 portfolios (41 strategies) that all are in profit. 15%, 8%, 6%. that are traded with real money. I also have 2 demo accounts were one are at 26% !! and one at 8 % profit. Now they have all had large drawdowns but have now made new highs which is cool. I would however claim that this works and actually Forex is not bad since you size you positions better and create hughe portfolios which are great for stability and minimising of stagnation and drawdowns.

Reply With Quote
The following user says Thank You to Mabi for this post:
 
(login for full post details)
  #16 (permalink)
 Mabi 
sweden
 
Experience: Advanced
Platform: NinjaTrader,MetaTrader
Trading: futures, FX
 
Mabi's Avatar
 
Posts: 141 since Oct 2010
Thanks: 121 given, 135 received


Mabi View Post
I got Strategyquant (SQ) in mid 2016. Tried to make it work with Futures and Ninjatrader. I gave that up for various reasons. The largest reason was that since SQ spits out millions of strategies there is a need to be able to test them in SQ and not in Ninjatrader. Since we can only use selected time frame in SQ with Ninjadata the accuracy is not there, You simply do not know if the result from your test match the reality. And how would you go about to test 1000 strategies in Ninjatrader Market replay. Well i tried and found that 99.99% failed and gave up.

But then i switched to MT4 and Forex and since November 2016 i have added strategies to Forex portfolios made in SQ and are today pretty happy that i did. It seems to work fine even thought it is just as much work making and testing strategies as before i had SQ but the reults is better and today i have 3 portfolios (41 strategies) that all are in profit. 15%, 8%, 6%. that are traded with real money. I also have 2 demo accounts were one are at 26% !! and one at 8 % profit. Now they have all had large drawdowns but have now made new highs which is cool. I would however claim that this works and actually Forex is not bad since you size you positions better and create hughe portfolios which are great for stability and minimising of stagnation and drawdowns.


Still running one of those first portfolios i made on forex with SQ it is now at 178 % and made me close to 4 k.

Reply With Quote
The following 2 users say Thank You to Mabi for this post:
 
(login for full post details)
  #17 (permalink)
 shinobe 
Vista, CA
 
Experience: Beginner
Platform: NinjaTrader
Trading: Emini ES
 
Posts: 1 since Jul 2017
Thanks: 0 given, 1 received

StrategyQuant has gone through iterations since Christophe's review. Has anyone tried or been using SQ recently? What has been your experience so far? How does it compare to GSB, for example?

Reply With Quote
The following user says Thank You to shinobe for this post:


futures io Trading Community Trading Reviews and Vendors > My review of StrategyQuant from strategyquant.com after 10 days of trial.


Last Updated on March 15, 2021


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing

NEW BlackBird Features + FOREX Support w/Jeremy Tang @ SharkIndicators

Elite only
 

Our 12-year anniversary w/ $$,$$$ prizes (check soon)

June
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts