Cyprus regulated broker RoboForex has introduced a new trading robot builder product for its clients known as StrategyQuant which was developed by a team of Czech Republic-based software developers, traders and machine learning specialists.
The cooperation between the two parties means that RoboForex clients now have access to a desktop builder of trading robots and strategies and its web version that can be used even by those who are newcomers to algorithmic trading.
Today’s announcement follows the brokerage’s recent launch of CFD trading on the US stock market, as reported by Finance Magnates in October.
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Our cooperation with StrategyQuant is the beginning of a productive process to make automatic trading popular.
The main features of the new products include a user-friendly interface, compatibility with the MetaTrader4 platform, and the opportunity to create, backtest and optimize strategies. The products also implement best practices, such as Monte Carlo simulation, genetic algorithms and walk forward optimization. The main advantage of StrategyQuant products are that a trader does not require any programming skills in order to use the products.
As well as access to StrategyQuant products, traders receive a range of educational materials, including interactive instructions on the software’s features and full client support service from the broker.
Kiryl Kirychenka, project manager and data analyst, commented: “Our cooperation with StrategyQuant is the beginning of a productive process to make automatic trading popular. Even today, any client of the company can try their hand at this area and succeed even without having any basic programming knowledge.”