Rules that live in someone's head
Hard to explain to an owner, a client or a regulator.
For asset managers
When you manage money for other people, you need to show what your rules are and that you follow them. AlgoBarsX writes every strategy out in plain English and keeps a record of every test.
Hard to explain to an owner, a client or a regulator.
Months later, nobody knows which version ran.
Every tool change needs outside help.
The compiler describes each strategy in words. Put that in a client pack or a policy file.
Read more about plain-English rulesEach test is kept with the code that produced it. Bring any earlier version back.
Read more about a record of every runCaps on open trades, total risk, daily loss and drawdown sit in the header of every strategy.
Read more about limits in the codeAlerts on balance, equity, margin level and exposure.
Read more about account watchingThe people who set the policy can write and change the rules.
Read more about no dev team neededCareful fill rules, and tests that stop when the money is gone.
Read more about careful testsCaps 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.
No tool can do that. AlgoBarsX gives you readable rules and records. Your licences, approvals and reporting are still your job.
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.