FxPro Upgrades Its Automated Strategy Creation Tool FxPro Quant

According to an announcement made by FxPro, the FCA and CySEC regulated brokerage has released an upgraded set of features for its FxPro Quant Strategy Builder tool. The new version features a drag-and-drop interface which gives traders the capability to design their own automatic trading strategies.

Each technical indicator, logical function and mathematical operator can be visualized, and the trader can make them interact with each other without having to know how to code. The company’s all-new version has been made freely available to all traders irrespective of whether they are clients of the brokerage or not.

The company's CEO, Charalambos Psimolophitis, said in the announcement, “Quant has been very well received by traders and this new version promises to deliver even more functionality. Aside from an updated design, we have added tabs that allow you to work on more than one strategy at a time, search and zoom functions, link colours, and now your Quant strategies can be saved as both MT4 EAs and cTrader robots."

"All of these features are freely available to all traders from our new FxPro Quant portal, whether they have an account with FxPro or not. We are so confident in the quality of our trading tools that we are happy to make them available to everyone,” he concluded.

Building automated trading strategies without knowing how to code is facilitating a new trend in the industry, where more and more traders are moving into implementing their own pattern-recognition ideas into automatically executed trades.