Thanks Kris – if thats true then isn’t AlgoLab better? It looks like Algo Lab has hedge funds building strategies and the “World’s biggest strategy library” plus some free filters? And its the same price. And ok sounds like MultliOpt is totally differnet but has Monte Carlo and better testing? What does Tradesq do differently or better?

Both Tradesq and Peak Algo Lab are based on the same platform (tradesq engine). Both uses cloud servers to optimize strategies with parallel execution. The main difference are the user base and the shared strategies.

MultiOpt on the other hand is a Tradestation extension which runs on your local PC. It does not offer forward testing and strategy library (strategies shared amongst users) capabilities.

Thanks for your feedback Palle.

I agree that products should be paid once with small fees for updates. However, Tradesq is built as a service rather than as a product because of the following:

1. The backtests from all the Tradesq users need heavy processing. They are running in Tradesq cloud dedicated servers and not on a laptop. Every user receives a notification once a backtest is completed.

2. The strategy Library is constantly growing with our community’s backtests. Furthermore, Tradesq 5 report is adapted every month to new strategies that perform well using out of sample data in different sectors.

3. Your private strategies and the best equity curves from the Strategy library are continuously forward tested. This task also needs heavy processing.

In summary, Tradesq is a service that helps find strategies that perform well using out of sample data every month and automatically tracks your existing private strategies. It is a continuous job because markets change, and users need to know what strategies perform well in those markets “now” using out of sample data.

Understand, Palle. Thanks for the feedback.