StrategyQuant.com Review

2.974 • 14 REVIEWS
Mark Fric
Updated: Dec 17, 2023
Visit site

Details

Established: 2015
Contact: support@strategyquant.com, 020 8144 8204
2.974 • 14 REVIEWS

Recent User Reviews of StrategyQuant.com

T
tnickel
Paderborn, Germany,
Apr 17, 2023,
Registered user

This Software ist good, but It is a long way for profitable Strategies

Service use: Live Length of use: over 1 Year
I am working with strategyquant for 10 years.
It is a long way to find good strategies.
N
neji63
France, France,
Sep 4, 2022,
Registered user

Do not worth wasting your time and money

Service use: Live Length of use: 6-12 Months
I've been using this software since November 2021 at a quite high frequency. It runs on my computer every day almost 24/7 and so far I haven't been able to find anything:

1- first my major concern is that backtesting is not working, you can find perfect strategies on their soft, once you'll try on your platform, in 95% of the times it'll fail. And this is very time consuming as you always need to double strategy one by one.

2- once you finally find a profitable strategy, even if you work using only 50% of learning datas, it'll again most likely fail in real raw datas in another 95% of the times. I'm always building strategies and give them a complete year unworked to test them.

3- when you finally find something that seems to work, you'll be very, very lucky if that length more than a couple of weeks, and never a few months.
In the forum they share some strategies, and after their publication date, they ALL miserably drop.

4- the software is full of bugs. The runs a lot out of memory and needs to be restarted. I have a I5 6 cores from 2022, 32Gb RAM DDR4 and it's quite a mess with this set up.

For now, as previously said, we are just beta testers on a software that does really worth it.
D
D.S. Appointed
Forex, USA,
Jul 25, 2022,
Guest

Still nothing

Service use: Live Length of use: 6-12 Months
I have had such bad luck with this software I stated searching 'sqx scam' and found this...I guess I got scammed too. it really is bad and buggy. you have no idea wtf it is actually doing. I ran high precision everything and put some of the strategies into MT4 on 99.9% data quality and the curves are nothing alike. What a waste. checkout the discord....not a single story of anybody using one live....try searching the internet for anybody using a single strategy ever created live. I cannot find a single one.
2 traders have found this review helpful
D
Dididi
Hessen, Germany,
Jul 2, 2022,
Registered user

After three years of testing no stable strategy found with SQX

Service use: Live Length of use: over 1 Year
I've been using SQX for three years. I went through the entire planning process for the software during this time. A AMD-3900X has calculated these three years. Ultimately, I could not generate long-term profitable ea's.
During this time I have been in contact with people who have shown profitable ea's on MyFxBook but these have all disappeared.

For me, the investment in SQX was not worth it.
2 traders have found this review helpful
F
forexx
mauritius, Mauritius,
Mar 28, 2022,
Registered user

Just a dream

Length of use: over 1 Year
In the software if you use the default quick tests you will have hundreds of bad strategies.

And if you use tick data tests with real spread and commission you will have no strategy

I've had the pro version for months and haven't found a single strategy with the software.
So I develop my strategies.

Strategyqant is not actually a scam. It's just a dream that made me waste time and money
1 trader has found this review helpful
C
cloud9_lee
Kuala Lumpur, Malaysia,
Oct 5, 2019,
Registered user

Promise everything, but deliver nothing

Service use: Live Length of use: 0-3 Months
The software seems fantastic but actually it cannot produce even a great strategy at all. It contains bugs here and there, which makes new user even more confused when using their software.
3 traders have found this review helpful
F
fxcript
Spain,
Feb 24, 2019,
Registered user

Sloppy developers

I'm a customer of Strategyquant. I'd like to warn you against the idea to purchase this software. Apparently the product looks fantastic, a lot of great features! The truth is far from those promises.
The current version is StrategyQuantX: It's a total mess!!. They started the Project development in 2016 and launched this version after summer 2018. Nowadays the product is overwhelming crowded of bugs. They are sloppy developers. If you join the community you'll become one more beta tester.
They claim they are traders and developers, it just can't be true at least with their product because it's absolutely unworkable, no possible to get any reliable strategy out of it. Their service is also very poor.
The only positive thing is that they don't hide how messy they are, there's a page published with the bugs; hundreds of bugs and growing...
2 traders have found this review helpful
M
Massimo
Milano, Italy,
May 28, 2016,
Guest

Hi All, I'm using StrategyQuant version 64, and previous and after initial period of learning curve I have to say I'm start having good results. If well utilized that package can pay itself in the DEMO period ! I developed a set of strategies and accurately filtered based on my personal criteria (Sharpe Ratio as main driver but not the only - I can share the process not of course the details). Considering the logic behind the tool I think, we need to use very carfully the power offered by Strategy Quant; the profit achievable is in my opinion directly proportional to the knowledge you have about statistics and experience is strategy evaluation and selection; then in my opinion also very useful to grab the best form that tool strong knowledge about portfolio management. With that tool the possibility to generate overfitting strategies exists but inside the tool we have the option to ovoid averfitting strategy by selecting the right strat. WFA is well developed, very close to the top on the market and likely for the WFA optimization the best, but here again risk to overfitt the model. At the end the tool is in my opinion excellent to jump on the next level of trading. Genetic algo has not yet tested enough but only with "Random Generation" is really a smart tool. In addition, the Strategy Editor included is good enough to develope strat in traditional way. Again this is in my opinion a good tool that I will use a lot to explore thousands of strat. Via the txt pseudo code you can clearly undestan what you are doing ! no risk of BlackBox tool in which to apply option but you don't know what you are doing ! And finally in addition, the support ix excellent ! CZech Team of StratQuant is very kind and supporty and of course skilled on the tool utilization and in trading activities. Cheers Massimo.
T
Todd S
San Francisco, USA,
Jul 9, 2015,
Guest

StrategyQuant 3.8.1 is a fantastic piece of software for finding and developing forex strategies for MT4, as well as thorough and sophisticated back testing and forward testing analysis. I have no programmer experience at all but I was able to figure out how to build 8 really good strategies that have been performing as back and forward tested. You do have to read the manual carefully, as well as the articles on the website and go through the forum to get a good grasp of how to use the software properly. I also have the EA Analyzer and EA Builder and those too are great programs far superior to the competition and are easy to use.

In addition, the customer service is outstanding. The owner, Mark Fric and his staff, are very responsive, polite and highly competent. They address questions and software bugs within a day or two. Fantastic company and great products. I highly recommend them for analyzing and building automated strategies.

Todd
J
Jonathan2FI
Birm, United Kingdom,
Jan 27, 2013,
Guest

I have been using EA Wizard now for 6 weeks and find it excellent in being able to rapidly prototype EAs based on defined trading strategies which can then be tested and go live! Impressive and forces the newbie or any other wanting to master automated trading to understand the if this then do that type of logic - which after all is the basis of trading. Like anything worth doing it does require a few hours of learning and practice.
Very impressive, excellent support and it works. Jonathan