Introduction

Some people might be confused with our recent released MQ Points System, as there are 2 types of points system which are MQ Points and Backtest credits. To know more about MQ Points, you are recommended to read our previous blog post – MQ Trader – MQ Points System. In this blog post, we will be focusing on the purpose of backtest credits to help you for differentiating and understanding both systems.

Source: MQ Trader System

What are MQ Backtest Credits?

• MQ Backtest Credits are credits you can use to run Live Backtest on Trading Signals in the MQ Trader system.
• Each Backtest require 1 credit to run.
• Each day, the MQ Trader system will automatically allocate 10 free Backtest Credits to every registered user of the MQ Trader system.
• Users can then use the Backtest Credits to perform backtest on the Trading Signals / Stocks they monitor.

What if I Need to Perform More Live Backtests (Run Out of Credits)?

• For active traders who need to perform more Live Backtests than the credits given daily, you can use your MQ Points to redeem for more Backtest Credits.
• MQ Points will be given to every trades performed by traders who opened their trading account (or transfer their existing trader account) via the MQ Traders Group.
• 30 MQ Points can be used for redeeming 1 MQ backtest credit. Please refer to the MQ Trader – MQ Points System for more details.

Conclusion

In short, the main difference between MQ Points and Backtest credit is the former is used to redeem for other services or benefits offered by MQ Trader while the latter is one of the benefits provided to grant the accessibility for performing backtesting on stocks. There will be more benefits and services available for redemption with MQ Points in the future.  Stay tuned for the updates on MQ Trader system!

To know more about backtesting, please read MQ Trader – Introduction to Backtesting.

MQ Trader Workshop

For those who are interested in MQ backtesting, you can visit MQ Trader Workshop - Budget 2019 Outlook & Backtesting With MQ Trader [Free Registration!] to know more about our coming workshop on 14 November 2018. 

*Note: 300 MQ Points will be given away in the workshop!

Community Feedback

We encourage traders to try out and evaluate the MQ Trader system and provide us feedback on the features you like to see in the system. We have received many positive feedbacks so far, and we are currently compiling and reviewing them for possible inclusion into the next release of the system.

We would like to develop this system based on community feedback to cater for community needs. Thanks to all those who have provided valuable feedback to us. Keep those feedbacks coming in!

Join us now!

MQ Trader stock analysis system uses Artificial Intelligence (AI), various technical indicators and quantitative data to generate accurate trading signals without the interference of human's emotions and bias against any particular stock. It comprises trading strategies which are very popular among fund managers for analysing stocks. 

MQ Trader stock analysis system is SPONSORED for MQ Trader members. To use this amazing tool, you can sign up via MQ Trader Sign Up!

Contact us

Please do not hesitate to contact us if you have any enquiry: