Build Alpha FAQs
Learn how easy it is to build automated trading strategies using Build Alpha’s point and click interface. No programming necessary.
Frequently Asked
Questions
Absolutely NOT. This was designed to give the non-programming trader and money manger the ability to do advanced quantitative analysis. Hopefully, this software can save you the costs of hiring a few quants or programmers.
If you choose to do so, you do have the ability to build additional signals with Python and test them alongside the pre built-in Build Alpha signal library, however. This is NOT required to use the software and is just meant as an additional feature.
All markets are supports. Futures, forex, stocks, ETFs, and cryptocurrencies.
The major stock indexes such as eMini S&P500, Nasdaq, Dow Jones, Russell, Dax, and the Nikkei. Two, Five, Ten-year notes and 30 Year Bond. Corn, Wheat, Soy Bean, Sugar, Lean Hogs, Live Cattle, Rough Rice, Oats, Coffee, Orange Juice. British Pound, Yen, Euro, Dollar Index, Aussie Dollar, Canadian Dollar, Swiss Franc. Gold, Silver, Copper, Platinum, WTI Oil, Natural Gas.
Crypto available via Binance, Kraken, Kucoin and Massive connections.
Yes. All asset classes are supported.
Yes, major 30 pairs available.
Daily data for as far back as the contract has existed. Intraday data has 1, 2, 5, 10, 15, 30, 60, 120, 240-minute timeframes. Other timeframes and custom bar types are also supported.
I am currently working to provide streaming and live data as well.
You can of course import your own data. Please view the demo videos to see how.
For custom timeframes and temporary solutions please contact david@buildalpha.com.
Currently, we can test up 5000+ signals which is close to (5000 choose 4 or) 5000 choose 4 -2.6010428e+13 possibilities per simulation in less than 2 minutes. The less signals the faster the processing time; 50 signals can be tested in mere seconds. Simple price action and technical strategies can be done in a second or less. For example, a simple RSI2 strategy (buy when RSI2 < X and sell when RSI2 > X) can be done in less than 1 second.
Build Alpha allows users to select out of sample percent, minimum number of trades both in and out of sample, as well as do advanced Monte Carlo drawdown analysis and variance testing. We cannot guarantee future success, but we believe proper testing, advanced tools, and expert analysis provides the best opportunity for success in the future. However, please view our full risk disclosure below.
Additionally, the strategy code results in less than 20 lines of code. These are not overly complex (and easily curve fit) mathematical models, but rather time-tested patterns that are objective.
To read more on Robustness Testing and preventing Curve Fitting please check out the following
Yes, if you can recreate your strategy using the Build Alpha signals and custom signal builder then of course Build Alpha can optimize and improve your strategy!
If you prefer to import your strategies results then Build Alpha now offers the ability to import custom strategies to run analysis and robustness techniques on but cannot optimize imported strategies. Please view the video here buildalpha.com/demo
You can also import your own strategy and find times to hedge it buildalpha.com/improving-strategies
Yes, the trader/money manager has the ability to enter custom slippage and commissions as I understand many traders have many different commission plans.
No, but please contact for a live demonstration or view the demo page and videos here: www.buildalpha.com/demo
Yes, there is a private user forum and a user guide that comes with every license. You also get access to a 50 plus video course that explains the software from start to finish, highlighting each feature, a few examples, some dos and donts, and much more. From System Trading Basics to an in depth dive. Plenty of complete beginner system traders have picked up Build Alpha immediately. It is designed to work flow step-by-step and the videos will clarify.
Short answer: No. You can even have fully functioning search capabilities with no internet connection! This is a stand alone product/software that has everything built in.
However, Build Alpha does generate fully functional code for TradeStation’s EasyLanguage, MultiChart’s PowerLanguage, NinjaTrader’s C#, Python for Interactive Brokers, MetaTrader4, MetaTrader5, TradingView’s Pine Script, and Pro Real Time. We are actively working on generating code for other brokers as well. However, if not using any of these and wish to automate a strategy you have built then please view our consulting page as we offer strategy to code services, as well.
Software requirements: MS Windows 7, 8, 10 (x86 or x64); .NET Framework 4.0. Hardware requirements: 400 MB RAM, 20 MB free drive space, 1024×768 display, Internet connection (for updated data).
I can help you install a virtual machine that will act as a program that will allow you to run this software on your mac. There are a variety of free and cheap solutions. Please contact if you have questions or would like the process explained further.