Topic: Testing Strategy Builders after StrategyQuant

Hi to you all.
I'm new here and I'm from The Netherlands (forgive me my English writing)

I'm playing around with some of the available Strategy Builders.
Have been testing with StrategyQuant for a couple of days and now with FSB.
One thing I noticed (sure there are more things) is that FSB is coming with a new strategy in a matter of minutes while SQ can run for days or weeks.
Is FSB so fast or SQ so slow or am I comparing "apples with peers"?

What makes FSB better than the others.
I really like the fresh, modern and logic setup of FSB.
Most others are a little bit outdated or complex.

Re: Testing Strategy Builders after StrategyQuant

As you know, I'm the FSB Pro author and my opinion is highly subjective, so better ask in some forum for a neutral opinion.

Both programs are valuable but different.

Strategy Quant is mainly used for creating a set of strategies automatically. You just run it and after two days you have strategies. It is designed to produce good backtest result without paying attention on the strategy logic. SQ may create a strategy that trades when MACD is higher than RSI for example. It is a little bit like comparing apples with oranges.

I can tell you more for FSB of course.
We invented the strategy Generator at 2004, the backtesting interpolation methods, the Method Comparator, the Ambiguous bars and other.

FSB was free and open source until 2014.

The purpose of FSB is to provide tools for creating a logically correct strategy and to present all aspects of the backtest to the trader. The FSB users can create complex strategies manually. FSB provides possibility to set individual symbol and data period for each indicator. It provides signals shift and signal repeat functions, which gives possibility of creating complex signals. There are also logical groups.

FSB has Bar Explorer tool that shows all executed and cancelled orders and positions in data tables and graphs. This is the only way to understand how the backtest works.

The SQ price is high because they give 50% for advertising and commissions to partners.
We do not advertise FSB and all you pay is for the internal product value. Even more, for the price of SQ you can take one of ours Optimal Packs, which includes a lifetime FSB Pro for two machines, a lifetime account for EA Studio, and one year account for BO Tester.

By the way, EA Studio is design to cover all positive sides of SQ and even better – it comes with a Strategy Reactor.

As final words, SQ is better if you want a bunch of strategies and don't care how they trade.
FSB is better if you want to create logically correct strategies and want to understand how the automatic trading works.

A great part of the users that contact me are Strategy Quant owners, so probably the best for you is to purchase SQ now and later to come back for a Forex Pack with FSB pro and EA Studio.

Re: Testing Strategy Builders after StrategyQuant

I am a People, that have before purchase StrategyQuant.

And later i have buy FSB Pro. FSB is much better and comfortabler then SQ.

It is not easy, i have Little Problems, but i think Mr. Popov can help me.

Marcus

Re: Testing Strategy Builders after StrategyQuant

I have used both.
Strategy Quant sits idle while I run FSBPRO almost 24/7.

I find FSBPro much simpler and faster to get results, I have built a substantial portfolio using FSBPro over a few years.

Building automated trading systems does not have to be as complex as Strategy Quant.

It is a matter of personal preference, I have found the developer of FSBPro to be quick to deal with problems and that is what matters to me as well as ease of generating and testing strategies.

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

Re: Testing Strategy Builders after StrategyQuant

Thanks for the answers.
Yes, FSB is much simpler than QR. Agree.
And support is much better.
Forum is much more active.

For now I really like FSB much more then SQ.
Not only the price (LOL), it's the way it is setup

I have a dir on my computer with 50+ bought EA's which are all been weighted too light.
Now it's time for something new.

But there is one thing missing to get me over the line:
Proof of good created FSB strategies shown on a MyFXbook verified account.
It's like sellers of an EA who show me a beautiful picture of a backtest but can't show me live verified accounts.
Are there any links to accounts running on FSB created strategies?

Blaiserboy: can you show me something of your portfolio?

Whats the best way to get a substantial portfolio of good working EA?

Sorry for all the questions but I want to buy the right package.

Re: Testing Strategy Builders after StrategyQuant

It's like sellers of an EA who show me a beautiful picture of a backtest but can't show me live verified accounts.

Watch my video series and you will see how we create experts and make profit.

Whats the best way to get a substantial portfolio of good working EA?

Take one of our forex packs and practice two years. We guarantee that you will improve your trading skills and performance.
The EA Studio's Reactor is also a good start.

Please note also that the Mega Pack includes a personal training, which may help you a lot.

Re: Testing Strategy Builders after StrategyQuant

Popov wrote:

Please note also that the Mega Pack includes a personal training, which may help you a lot.

Hello Mr. Popov. I have buyed the Optimal Pack. I dont have thinking over personal Training.

Can you explain me, what that is? I mean what you make with that and in what for a time?

Thank you, Marcus

Re: Testing Strategy Builders after StrategyQuant

I do not think anyone is going to attempt to prove anything and I don't think anyone is going to open a MyFxBook account to get an audience.
My FxBook is for people who want to sell things such as experts or signal services.
I am not interested 9in selling anything.
FSBPro sells itself.
What I suggest that you do is....... construct a stratgey, do the testing and then do a thorough walk forward using the 'Data Horizon' under 'Market' at the top of the screen, You can manipulate the dates any way you want and see about the strategy that you have devised.
There is nothing that my experts can do for you and no matter what you see, you are going to have to make your own decisions.
I would not want that you base a decision on seeing my strategies...... you have to make the decision on your own, doing your own due diligence.

I use FSBPro because I like it and I like the people in this forum and I like how Popov deals with the problems...... you may not like any of those....

Your decision will cost you some good amount of money, I do not want you to make a wrong decision....... that decision you will have to do yourself to meet your own personal requirements.

A few years ago I was after Popov to make a fancy sales page..... I could not understand why he refused. Well, finally I realized that the product will sell itself toi the people who want what it provides.

I can suggest that you make a list of the features of the software and then  for each of the features make a list of the benefits that you can see and also a list of the problems... that will lay out clealry where you should go.

This is a decision that you have to live with for a long time....... and, unfortunately, it is up to you, not up to anyone showing you results.

If you have time, you can look back through old posts on the forum and learn what others have experienced.

You might see that some very capable traders are using the software for themselves and for their clients.

From snooping around on the net I have seen that a couple users are now providing signal services for a fee.

Some people will not succeed using FSBPro because they will not take the time to master its capabilities. Some people will fail because they do not perform all of the tests on their strategies before live trading.

Myself, I am experimenting all day and most evenings....... I try all sorts of things... just to see what happens. Slowly I learn.

And if you are going to be developing automated systems. you will have to do the same. You have to ask yourself if this work is what you want. As far as making a choice of software. they both offer solutions and they can both offer frustrations.

The choice is your to make.

daveM

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

Re: Testing Strategy Builders after StrategyQuant

Blaiserboy wrote:

I do not think anyone is going to attempt to prove anything and I don't think anyone is going to open a MyFxBook account to get an audience.
My FxBook is for people who want to sell things such as experts or signal services.
I am not interested 9in selling anything.
FSBPro sells itself.
What I suggest that you do is....... construct a stratgey, do the testing and then do a thorough walk forward using the 'Data Horizon' under 'Market' at the top of the screen, You can manipulate the dates any way you want and see about the strategy that you have devised.
There is nothing that my experts can do for you and no matter what you see, you are going to have to make your own decisions.
I would not want that you base a decision on seeing my strategies...... you have to make the decision on your own, doing your own due diligence.

I use FSBPro because I like it and I like the people in this forum and I like how Popov deals with the problems...... you may not like any of those....

Your decision will cost you some good amount of money, I do not want you to make a wrong decision....... that decision you will have to do yourself to meet your own personal requirements.

A few years ago I was after Popov to make a fancy sales page..... I could not understand why he refused. Well, finally I realized that the product will sell itself toi the people who want what it provides.

I can suggest that you make a list of the features of the software and then  for each of the features make a list of the benefits that you can see and also a list of the problems... that will lay out clealry where you should go.

This is a decision that you have to live with for a long time....... and, unfortunately, it is up to you, not up to anyone showing you results.

If you have time, you can look back through old posts on the forum and learn what others have experienced.

You might see that some very capable traders are using the software for themselves and for their clients.

From snooping around on the net I have seen that a couple users are now providing signal services for a fee.

Some people will not succeed using FSBPro because they will not take the time to master its capabilities. Some people will fail because they do not perform all of the tests on their strategies before live trading.

Myself, I am experimenting all day and most evenings....... I try all sorts of things... just to see what happens. Slowly I learn.

And if you are going to be developing automated systems. you will have to do the same. You have to ask yourself if this work is what you want. As far as making a choice of software. they both offer solutions and they can both offer frustrations.

The choice is your to make.

daveM

Thanks Dave!
I know that with my questions I could expect an answer like yours.
And you're probably right with your answers.

Yes, it's my decision.No problem with that.
Yes, I'm seriously working with Forex.
Yes, I earn money with it each month.
Yes, I have my own MyFxbook although I don't sell anything.
It's just easy to have an overview of most of my accounts and strategies.
Yes, I will buy FSB and start my own learning curve.
Talk soon on one of the other topics in the forum.
When interested you can see my portfolie here: http://www.myfxbook.com/members/forexdutchie

Re: Testing Strategy Builders after StrategyQuant

One other thing that's not yet clear for me.
When/why should I use FSBpro and when/why EA Studio?
Both do the same thing (as far as I can see).

In other words: when I buy FSBPro what are the benefits of buying EA Studio too?

Re: Testing Strategy Builders after StrategyQuant

EA Studio is a different tool in that it is running on the cloud and much faster, you can run as many versions as you want.

It does some of the testing as part of its routine..... ie optimizing and monte carlo

You can , when looking at individual results, add and remove indicators and optimize those and do the monte carlo seperately.

Best to spend a few hours working with it and checking the featires yourself.

There are quite a few differences between it and FSBPro......  try it for a few hours!

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

Re: Testing Strategy Builders after StrategyQuant

One substantial difference between our policy and the policy of the StrategyQuant authors:

SQ: We do not offer refunds, therefore take advantage of the free trial

FSB Pro: 30 days 100% money back guarantee. No questions asked