What is Quanorix used for?

Quanorix generates, backtests and validates algorithmic trading strategies and exports them as MetaTrader 4 and 5 Expert Advisors, with prop firm metrics. It is a good fit for traders building and validating automated strategies, and preparing Expert Advisors for MetaTrader.

Yes. Quanorix has a free plan, and paid plans start at $20 per month.

Is Quanorix open source?

No. Quanorix is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Actual Budget, Firefly III and Sure.

What are some alternatives to Quanorix?

Other SaaS products in the Finance & Accounting category include Heron Copier, Chart Nomads Edge and ChartPilot.

Quanorix: features, pricing and alternatives

About Quanorix

Quanorix is a hosted trading strategy research tool whose site is in Spanish. It runs a massive random search over typed rule trees to generate algorithmic strategies, using M1 data from Dukascopy and derived timeframes for forex, indices and gold. Strategies are backtested causally, with signals at the close and fills at the open, including spread, commission, slippage and risk-based sizing.

Results go into a filterable databank sorted by profit factor, win rate, drawdown, trades and expectancy. Validation covers out-of-sample tests, walk-forward, Monte Carlo and sensitivity robustness, and market regime analysis. Multi-strategy portfolios share capital, with correlation analysis and exposure limits, and strategies export as MQL4 and MQL5 Expert Advisors for MetaTrader. Metrics are framed around prop firm drawdown and profit-target rules, and cTrader support is on the roadmap.

Key features

Random-search strategy generation from rule blocks
Causal backtest with spread, commission and slippage
Walk-forward, Monte Carlo and robustness validation
Filterable databank of candidate strategies
Shared-capital portfolios with correlation analysis
Export to MetaTrader 4 and 5 Expert Advisors
Prop firm drawdown and target metrics

Good fit for

Traders building and validating automated strategies
Preparing Expert Advisors for MetaTrader

Tags: algorithmic-trading; backtesting; metatrader; expert-advisors; strategy-generator; forex; prop-firms

Quanorix: questions and answers

What is Quanorix used for?: Quanorix generates, backtests and validates algorithmic trading strategies and exports them as MetaTrader 4 and 5 Expert Advisors, with prop firm metrics. It is a good fit for traders building and validating automated strategies, and preparing Expert Advisors for MetaTrader.
Is Quanorix free?: Yes. Quanorix has a free plan, and paid plans start at $20 per month.
Is Quanorix open source?: No. Quanorix is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Actual Budget, Firefly III and Sure.
What are some alternatives to Quanorix?: Other SaaS products in the Finance & Accounting category include Heron Copier, Chart Nomads Edge and ChartPilot.