Build Alpha Review - Trading Reviews and Vendors | futures io social day trading
futures io futures trading

Build Alpha Review
Updated: Views / Replies:994 / 14
Created: by rwilgers Attachments:0

Welcome to futures io.

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

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

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

Thread Tools Search this Thread

Build Alpha Review

  #11 (permalink)
Elite Member
Wellington, New Zealand
Trading Experience: Beginner
Platform: tradestation
Broker/Data: tradestation
Favorite Futures: all futures
pjimmy's Avatar
Posts: 8 since Feb 2016
Thanks: 71 given, 9 received

TwoHands View Post
I'm skeptical about software that doesn't list the price but makes you contact the company for it. Are you prohibited from sharing it?

No -but I don't know what he is charging for the software. It has only been around 2 years I think. By that I mean that early subscribers probably would have gotten a discount for helping out with beta testing and feedback. I'm no marketing wizard but that seems to be a common approach in the industry. Also Dave is currently doing it all himself, so I imagine he plans to expand (most businesses do) but may not be overly concerned with marketing the software.

Sorry for the round about answer - I guess you'll have to contact him if you are interested.
Personally I feel if the price is not listed then it's up for negotiation

The only thing constant in life is change
Reply With Quote
The following user says Thank You to pjimmy for this post:
  #12 (permalink)
Elite Member
Newcastle, NSW, Australia
Trading Experience: Beginner
Platform: MultiCharts, Build Alpha
Broker/Data: OANDA
Favorite Futures: CFDs
Posts: 11 since Sep 2017
Thanks: 34 given, 11 received

TwoHands View Post
I'm skeptical about software that doesn't list the price but makes you contact the company for it. Are you prohibited from sharing it?

I bought a Build Alpha software license just over a month ago (non-corporate customer).

This post is not to provide the actual purchase price of the license ... that is a commercial matter between the vendor and the potential purchaser. But simply wanted to suggest that you contact Dave (details on to discuss the cost and benefits. He is a very open and approachable guy. Also, he is usually very quick to respond to any emails.

In terms of his marketing of the software, Dave has openly said that he is content with the low level of marketing he is conducting because he would prefer to spend the time and energy in further enhancing the software ... which he does, and the upgrades are currently released at no cost to license holders.

Also, take note of the comments from other contributors on this post ... there is some credible input which may assist you in your decision-making process.

I wish you well in your due diligence on the software.

Reply With Quote
The following user says Thank You to Hemmo for this post:
  #13 (permalink)
Elite Member
Trading Experience: Master
Platform: MC
Favorite Futures: 6A
Posts: 3 since Jun 2018
Thanks: 0 given, 5 received

I saw this thread, and thought I would share my thoughts on BA (I bought a license about a year ago)

Let me first give you some background about myself… I have some 15 years of Wall Street trading experience. Predominately discretionary but more algo related trading as of lately. I have tried just about any platform there is out there, either for professionally or personal use. I think it’s fair to say that I have enough experience with what’s available to make a meaningful comparison between the vast number of products I have tried out. Also, it could be worth mentioning I rarely write reviews, and never unless I try something that I believe makes a difference.

BA is basically an algo platform that takes a black box approach and then uses various built in tools to assist in the evaluation of the output, some of which are proprietary. There are a handful of platforms out there that would have comparable capabilities in my mind. Most of the “best” ones, in my experience, require a fair amount of coding however. BA is a product for the algo trader who is looking for the greatest amount of flexibility, combined with the least amount of coding.

More specifically, some of the features include:
- A very wide range of indicators (close to 4000 entry + 4000 exit) , such as calendar, time, paths, oscillators, volatility etc etc.
- Built in EOD data for some 100 markets at no extra cost.
- Lots of flexibility to tweak entries and exits (stop/loss, profit target, fitness functions, timing conditions etc).
- Ability to use more than one market as input
- Ability to import custom strategies and have BA evaluate them.
- Great tools for output evaluation (MC analysis + a number of proprietary methods)
- Compatible with MC, python etc

Things that make BA stand out vs. the competition, in my mind, include:

- Fully “automatic” interface. I am terrible coder and want to spend my time thinking about the markets/trading - BA allows me to do this. It is very easy to use, yet I do not feel limited. Obviously, if you are looking to customize your strategy, you have the ability to hook up BA to python for example.
- User friendly and functional. The platform just works, period. Neither buggy nor ambiguous. Easy to reproduce results. Well organized GUI. Seamless work flow.
- Lastly and most importantly, the support is second to none. The developer, Dave, is not only a nice guy to deal with, but also helpful and knowledgeable with meaningful trading experience under his belt. He listens to his customers and allows them to steer the direction of the platform.

Overall Grade: 10/10

Reply With Quote
The following 4 users say Thank You to Dianoia for this post:
  #14 (permalink)
Elite Member
Trading Experience: Advanced
Platform: R
Favorite Futures: Forex
Posts: 20 since Oct 2013
Thanks: 3 given, 10 received


Happy to found review about Build Alpha software.

What is the price of BA ? I don't found it on the website.

The major question is the systems found with BA still working out of sample ? because i have some experience with adaptivebuilder (With GA algo) and the result out-of-sample are not really good

With your experience can you tell me if it's possible to found system with low DD (-10% max) and still work OS ?


Reply With Quote
  #15 (permalink)
Elite Member
Trading Experience: Master
Platform: MC
Favorite Futures: 6A
Posts: 3 since Jun 2018
Thanks: 0 given, 5 received

OOS performance... This is, of course, a big topic. In short, I look at it something like this:

No platform is a magic box which will spit out profitable systems that you can just copy and paste into tradestation (or whatever) without really "working" them first. So the platform is really just a tool. A great platform should, amongst other things, be broad and creative in the way it generates systems. And it should also offer you various ways to assess the robustness of the potential strategies. If you can generate a large number of robust candidates, that check all the boxes one can think of, you are in a good position to end of with systems that will perform OOS. At the end of the day though, you, as a systems builder, will have to assess the likelyhood of the strategy/ies holding OOS. To assist you in this process, you hopefully have a platform which is broad and deep enough to minimize the probability of allowing garbage strategies pass through its built in filters. And, in my mind, BA is doing a great job at this.

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


futures io > > > Build Alpha Review

Upcoming Webinars and Events (4:30PM ET unless noted)

The Evoluton of HFT & Retail Impact w/John Grady

Elite only

Day Trading Oil Futures: Reducing Risk & Increasing Profits w/DTN IQFeed

Mar 26

Similar Threads
Thread Thread Starter Forum Replies Last Post
Alpha 7 Trading ( iq200 Trading Reviews and Vendors 2 April 23rd, 2017 04:43 PM
Ron's double alpha trades rleplae Elite Trading Journals 1 January 21st, 2016 10:25 AM
AUTOMATION OF THE ALPHA TRADING METHOD JDNeeman Elite Trading Journals 51 July 1st, 2014 03:50 PM
Alpha bars meyer99 NinjaTrader 17 April 3rd, 2014 08:00 AM
alpha theta trading - brainwaves wh Psychology and Money Management 1 December 22nd, 2009 04:29 PM

algo, black box, buildalpha, buy, code, coding, comparison, data, data mining, developer, easy language, easylanguage, equity curve, fed, feedback, futures, genetic_optimizer, indicators, information, list, loss, metatrader, ninja, ohlc, patterns, platform, profit target, profitable, programming, python, review, reviews, slope, strategies, strategy, support, support_and_resistance, systems, tapatalk, tradestation, trading, trading strategies, trial, vendor, volatility

All times are GMT -4. The time now is 06:46 PM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business,
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
Page generated 2019-03-17 in 0.14 seconds with 14 queries on phoenix