Opaque code
Boards, clients and auditors rely on summaries, not on the rules themselves.
For institutions
Institutions do not only need strategies that work. They need to show what the rules are, that tests were fair, and that limits were in place. AlgoBarsX is built for that.
Boards, clients and auditors rely on summaries, not on the rules themselves.
Hard to defend later.
A limit that is not enforced where the trade happens is only a hope.
Short scripts, plus a plain-English description made by the compiler.
Read more about readable rulesNo look-ahead, written fill rules, the stop wins when unsure, and a spent account ends the test.
Read more about fair testsThe same inputs give the same result, every time. Every run is kept.
Read more about easy to repeatOpen trades, total risk, daily loss and drawdown.
Read more about limits in the codeSealed files and versioned libraries between teams, entities or partners.
Read more about private sharingImport from six languages, with a note on every line.
Read more about bring existing workCaps sit at the top of the script. When the daily loss limit is hit, open trades close, waiting orders are cancelled, and new entries stop until the next day. A drawdown limit pauses the strategy until a person restarts it.
strategy "Language Tour"markets: EURUSD, GBPUSDbars: 15mevaluate: bar_closemax_open: 3max_open_per_side: 2direction: bothopposite: reversepyramiding: 3min_distance: 20 pipsmax_daily_loss: 3%max_drawdown: 10%trade_only: within sessions london, new_yorkNo. AlgoBars is software, not a broker. It links to accounts at supported brokers. It never holds money and it does not give advice.
No. Tests use past prices and leave out spread, fees, swaps and slippage. Past results do not tell you what will happen next.
The language works and passes 678 tests on every build. It is still being improved, so some syntax and features may change. Plan for that.
A live walk-through, then free accounts for your team to test real work.
Talk to usOr create a free account and try it yourself
Trading is risky. You can lose money. It is not right for everyone.