Frequently Asked Questions
Is ProQuant free to use?
ProQuant aims to make algorithmic trading accessible to anyone by being absolutely free.
Can I add Funds to ProQuant / Trade With Real money?
ProQuant doesn’t provide any trading services. It allows users to backtest, generate and run trading strategies as well as automatically execute them if connected to a supported broker or exchange.
How to enable my strategy for Automated Trading?
Which brokers can I use ProQuant Automated Trading with?
What does “Waiting for signal” mean?
Why do some strategies take longer to open a position compared to others?
The Strategy entry rules - they determine the conditions for opening a long or short position. ProQuant will open positions if predefined rules/conditions are met. Let's say you use a "Momentum" indicator with a condition “Momentum rises”, then the moment the Momentum value does rise, the indicator will allow entering a long position. This may take some time because of the current market condition and trends. Also, a strategy can have up to 4 conditions and all of them must be met simultaneously for a position to be opened.
The Trading Frequency - it determines the time interval that the strategy uses to check if the actual market conditions at the moment meet the strategy requirements for acting on a position, e.g. every five minutes, once an hour, etc. So let's say you have a strategy with Trading Frequency of 15 minutes, that means that every 15 minutes the strategy will check if all the conditions are met and if so, a signal for opening will be produced.
How much battery does ProQuant use on my Android / iPhone?
Will my strategies continue to run even if I close the app/log out/am offline?
Feel free to write to us if you have any questions or suggestions.