Topic: ProQuant - a mobile app based on EA Studio

Hello Traders,

The last year I participated in the development of a cloud based engine for creating strategies. It is published now under the brand ProQuant for Android and iPhone: https://www.proquant.com/

The service is still in development. Currently it has a server based generator and client apps for mobile phones. It is able to trade on the server on a Demo environment and provides signals for MT by using a bridge.

The future development will offer full server side strategy execution on real accounts.

The app works with a predefined Reactor on about 20 symbols provided on the cloud.

Currently the app is nothing more than a toy, but if it gains some popularity, we can expand it to the full power of EA Studio.

https://s7.postimg.cc/3klwck863/screenshot_218.png

Re: ProQuant - a mobile app based on EA Studio

WOW!  This looks really super.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

3 (edited by hannahis 2018-04-04 13:27:52)

Re: ProQuant - a mobile app based on EA Studio

Cool, there are a number of newbies when they want to try out forex, they also search out for forex apps in mobile device and hence, this app is a good "advertising" tools to introduce them to FSB Pro or EA studio.  Hence, do put your FSB website link somewhere to capture the "leads" (those who are curious enough to venture) divert them to FSB for other product explorations.  Tempt them with more tools.

Cos I believe anyone who are serious enough to go into forex will eventually proceed further into FSB Pro or Studio.  And hence by providing them with the extra links to FSB, you would have capture potential customer and also spare them the efforts to search all over the internet to find FSB.  I consider myself "fortunate" that I somehow "landed" into FSB website, many years ago when FSB didn't "pop" up so easily in google search.

Re: ProQuant - a mobile app based on EA Studio

I am amazed by this thing!

Well, I was so surprised when you announced it.. and even more surprised by what it can do!

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: ProQuant - a mobile app based on EA Studio

This is simply a “Huge” step!!!!!!
This is amazing.
Popov, you keep surprizing us with ur skills and ideas!!!!!!!!!!!

Re: ProQuant - a mobile app based on EA Studio

Wow, what a great news.

7 (edited by rwsttra 2018-04-21 02:36:33)

Re: ProQuant - a mobile app based on EA Studio

I tested this week with about 20 signals, most signals finally had losses but
also some big winners.

Please allow more historical data as the signals are not stable enough.
Sometimes it only has a couple of months history and only about 1 year max
for 30 min signals. Some users prefer >5-30 years history.

Also the scrollbars are difficult to adjust, for example trying to set the
minimum number of trades to 100 is very difficult.

Also please allow a forced stoploss or better an ATR stoploss because that can
prevent the big losses.
I understand stoplosses can work against you but no stoploss is also risky.
Have been using the most well know EA generators but did not test Studio
or ForexSB. This was a nice start.

Re: ProQuant - a mobile app based on EA Studio

My account has been doing well since I started to use it..... Considering I put no effort into the strategy, I am quite pleased with this app.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: ProQuant - a mobile app based on EA Studio

I think you have much more experience and feeling than I with what strategies
are likely going to work. To be honest I will be surprised if simple strategies
like these with common indicaters can still consistently produce good results.
I have the impression that forex markets are getting more complex with
machinelearning and simpler things are less likely going to work in the future.

I use other systems that take me a lot of time to program, price pattern pattern
based and based on the  results of other tickers as well that work for me on
stock indexes.

I like this APP and I hope I can generate results with it too. I think a bit price
pattern logic could help like current high is higher than previous top etc.

Are you oke with only a couple of months history on 5-30 min timeframes?
I would like to see at least 500 trades and rather 1000

Re: ProQuant - a mobile app based on EA Studio

Sometimes  we fall in love with the complexities and justify their necessity.

Strategies with two or three indicators still do ok, the markets may change their face bit the simple strategies still work well.

No matter the price action  a moving average has a lot of utility and as long as trend is well defined a simple strategy will give a great return.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: ProQuant - a mobile app based on EA Studio

Would you be willing to share what main setting (like stoploss,  no of trades etc)
work well for you?  Do you allow systems that do not have a stoploss?

I think the exit criteria are sometimes risky. Some indicator do not give a
signal if the system is rapidly going down. It sure did work in sample but
OOS is a different story.

That sure needs understanding of the used indicators but
I do understand most indicators very well. I have been experimenting with and
optimizing them on huge portfolios in other software and some indicators that
used to work several years ago are now a different story.

What I also see happening more than once is a system which takes a position of 50k
that has a stoploss of >50k.

I often look at the result at the profit curve which should not bent down at the
end of in sample and the %/per trade, no of trades, draw down,  linearity and profit/drawdown. 
Most times I only set 2-4 parameters to search for systems and generate many times to find
the best.

I am not looking for the highest net profit as these systems are often curve fitted. I rather look
at the underlying ticker and if the ticker has several uptrends and downtrends IS and a linear profit
curve IS I trust these ones more OOS.
I still think a couple of months of data and few trades could cause curve fit in ProQuant.

I also can't set minimum profit per trade to less that 1% as the scrollbars are not precise enough.

To really evaluate proquant it would need to look at OOS results for several months
and it would need more history and generated systems per search.
But for a free app it is great start and I can't ask too much.
I guess I have to trial Studio and ForexSB.

Re: ProQuant - a mobile app based on EA Studio

I guess I have to trial Studio and ForexSB.

You have definitely try them. ProQuant uses the very same engine as EA Studio but because it is designed to work on a mobile phone it provides limited controls. Some day it may be possible to share strategies between the apps and it will make a huge difference when it become able to trade on the cloud. This was our initial goal, but it appeared that the life trading integration will take more time and we decided to release the app as it is now. Later it will not be necessary to use MetaTrader at all.

Re: ProQuant - a mobile app based on EA Studio

Oke thanks.
With what broker/data works proquant?
Is cost of trading included in the profit of proquant?

Re: ProQuant - a mobile app based on EA Studio

I just had a look at my wonderful app....

When I first downloaded it, I was pushing whatever buttons and it optimized something and then started to trade.

Now the account is up 20 percent since April 4,  fairly good!

One day I best figure out what it is doing.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: ProQuant - a mobile app based on EA Studio

Don't touch a working system

16 (edited by rwsttra 2018-04-25 01:20:36)

Re: ProQuant - a mobile app based on EA Studio

I had some good results but they almost all fail because the logic of the exit.
This is what I expected. Like a cross of stochastics at the upper area
for a long exit, in a big selloff there will be almost never be a cross there.
Appaerantly in the short IS data this did happen more than enough to generate
the system to my surprise but OOS it failed.
But apart from that it was surprising how good the entries often were.
So now I try to not choose these systems with risky exits but I find many
of them have these risky exits.
Is this also the case with Studio?

17 (edited by Blaiserboy 2018-04-25 19:57:09)

Re: ProQuant - a mobile app based on EA Studio

Ma 15 or 20 as a trailing stop will solve a lot of difficulties

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: ProQuant - a mobile app based on EA Studio

Proquant.com is down. Any update when it will be back up again. The app is amazing!

Re: ProQuant - a mobile app based on EA Studio

We are constantly improving the app. We will provide soon:
- crypto currencies trading through several providers
- MT5 bridge
- possibility to see the full strategy params ,which means that you can replicate the strategy in EA Studio
- possibility to edit the strategies.
- web based interface.

Re: ProQuant - a mobile app based on EA Studio

Hi, If I activate automated trading on an EA that's already have 1 open trade on my account (phone), do this EA can open new trade on my MT4 account without waiting the trade on the phone to be closed ?

I want my Phone and MT4 account to be sync in opening of new trades and that seem to not be the case .

Thank you

Re: ProQuant - a mobile app based on EA Studio

The ProQuant expert is a SPAM. It will clone your positions in your MT.

Depending on how many strategies you are running via your ProQuant app, it may happen that each running strategy to open a position.

I want my Phone and MT4 account to be sync in opening of new trades and that seem to not be the case .

If you do not stop the expert or change the magic number, the accounts must be in sync. If you experience any discrepancies, please contact the ProQuant support.

Re: ProQuant - a mobile app based on EA Studio

Okay, Thank you for you're answer