Build Alpha

Build Alpha

Axiom Futures
Position Sizer

Position Sizer

EarnForex
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+

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About

Build Alpha uses a genetic algorithm to create thousands of algorithmic trading strategies at the click of a button. Combine, test and create millions of entry and exit signals with no coding necessary. Find complimentary filters to existing rules, improve existing strategies or create new ones. Ability to backtest, stress test and generate code from one algorithmic trading software with no code. Data included and partnered with various data providers and brokers. Build Alpha also generates complete code for multiple trading brokers such as: TradeStation, MultiCharts, NinjaTrader, MetaTrader4, MetaTrader5, Python and more. All asset classes, timeframes and bar types.

About

Position Sizer is a trading panel expert advisor that lets you calculate the position size for your trades based on your risk tolerance, stop-loss, and the trading instrument you are working with. You can execute trades using the panel's interface and keyboard shortcuts. Version of Position Sizer are available for MetaTrader 4 and MetaTrader 5. It also offer multiple additional features, such as margin calculation, swap calculation, risk calculation, breakeven, and trailing stop. There are multiple customization options to configure the calculator according to your trading strategy and the conditions imposed by your broker (or your prop firm). Position Sizer's panel preserves your settings through change of timeframe or currency pair and turning the platform on/off.

Platforms Supported

Windows Supported
Mac Supported
Linux Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Supported
Mac Not Supported
Linux Not Supported
Cloud Not Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Traders, Investors, Data Scientists

Audience

Traders in Forex, CFD, futures, indices, and stocks

Support

Phone Support Not Supported
24/7 Live Support Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$1500 one-time
Contact for details or fill out a survey for a discount
Free Version Not Supported
Free Trial Not Supported

Pricing

$0
Free and open-source
Free Version Supported
Free Trial Not Supported

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 4.8 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • Personally, I use BA to develop, test, and implement a portfolio of equity strategies, with the modest goal of providing my family a little extra income each year. Our results thus far have been terrific and, more importantly, perfectly in line with BA’s modeling. Needless to say, this technical and statistical “accuracy” reinforces my confidence in your product and in my own strategy development process. As an aside, the value that your randomness modeling and variance testing provides is incalculable, particularly in terms of the time and money these two “filters” save me by not having to further test deceptively promising strategies.
  • Extremely easy to test and build all my strategy ideas. I have even found new strategy concepts letting the machine learning build strategies for me. This has been a big time saver and would highly recommend this software to any serious trading system developer.
  • There are so many entry and exit signals and functions that it is nearly impossible to even list them all. I particularly like the non-price signals like market breadth, term structure, treasury spreads as have not found any other software to test these. These things impact the market environment and conditions and in a way all the price action anomalies. Build Alpha let's me test any combination quickly. Big time saver.
  • Very easy to use and generates reliable strategies quickly. Generated code is clean and works well on both TradeStation and NinjaTrader.
  • *Covers every market and timeframe *Tons of included data and ability to add my own *Flexible interface to add/exclude indicators *Super fast results and great stress tests *Reliable code and execution of generated code

Cons

  • While I’ve been a marginally profitable discretionary trader for many years, this is the first time I have ever made any money trading with algorithms, despite decades of effort. Only time will tell how permanent my results will be, but I’m convinced I’ve stumbled upon something special with BA.
  • At this point I do not have any cons or negative things to add
  • Would like to run the software on more than 2 PCs. However, Dave is very good about moving the software to new machines when requested. It is just the one downfall of desktop applications but not a knock at the software’s quality or my experience so far.
  • Limit to two PCs is difficult as I travel and want to have an install on a work PC.
  • *Desktop so limited to two PCs *Need to use virtual environment on Mac (Dave gave discount for Parallels purchase)

Pros & Cons from Real Users

Pros

  • position sizer makes sticking to firm risk limits effortless. calculates every trade down to the decimal perfect for prop account restrictions
  • i like how position sizer simplifies trade planning. perfect risk control and margin calculations no mistakes even on volatile pairs.
  • position sizer keeps my risk consistent on every trade. no more guessing lot sizes — i just set my stop loss and risk %, and it does the math perfectly.
  • Easy to use and install - couldn't be without it now. Lots of video instructions on youtube about how to use and install - please look up if you get stuck!

Cons

  • switching between instruments takes a few seconds longer than expected.
  • I would love a dark mode option for night sessions.
  • took me a bit to adjust the broker settings right, but once done, it’s smooth.
  • Didn't come precompiled. Video on their download page shows you how to compile and it takes 30 seconds so not really a con but the only downside I could think of.

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

Axiom Futures
Founded: 2015
United States
Buildalpha.com

Company Information

EarnForex
Founded: 2005
France
www.earnforex.com

Alternatives

MetaTrader 4

MetaTrader 4

MetaQuotes

Alternatives

MetaTrader 5

MetaTrader 5

MetaQuotes

Categories

Categories

Algorithmic Trading Features

2-Click Trading Not Supported
Analyst on Demand Not Supported
Auto Fibs Not Supported
Auto Trend Lines Not Supported
Backtesting Supported
Basket Trading Not Supported
Drawing Tools Not Supported
Pattern Tools Supported
Stock Screener Supported
Trading From Charts Not Supported

Integrations

MetaTrader 4 Supported
MetaTrader 5 Supported
Binance Supported
Interactive Brokers Supported
NinjaTrader Supported
Python Supported
TradeStation Supported

Integrations

MetaTrader 4 Supported
MetaTrader 5 Supported
Binance Not Supported
Interactive Brokers Not Supported
NinjaTrader Not Supported
Python Not Supported
TradeStation Not Supported
Claim Build Alpha and update features and information
Claim Build Alpha and update features and information
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Claim Position Sizer and update features and information