If you've been in algorithmic trading for a while, you probably know QuantAnalyzer. For years it has been one of the few options for analyzing backtests and creating portfolios. But is it still the best option in 2026?
I've been using QuantAnalyzer for years. It's not a bad tool—it has served its purpose—but software has evolved and so have user expectations. The average cost of backtest analysis software ranges between $20-50/month or $200-500 as a one-time payment, and for that price you should expect much more than what QuantAnalyzer currently offers.
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Free version with no time limit. No credit card required.
Try free →⚠️ The problem with QuantAnalyzer
I'm not going to say QuantAnalyzer is useless. For a long time it was practically the only serious option for analyzing strategies and creating portfolios. But several problems have accumulated:
Outdated interface
The interface looks like it was designed for Windows XP. A confusing interface isn't just annoying, it also makes you waste time navigating unintuitive menus.
Re-upload files every session
Every time you open QuantAnalyzer, you have to reload all your files. Nothing is saved between sessions. If you work with multiple strategies, this is frustrating.
Random crashes
Old desktop applications tend to crash. There's nothing more frustrating than losing your work because the app closed unexpectedly.
No updates
When was the last significant update? Development seems practically stopped while algorithmic trading evolves.
"After years of use, having to re-upload all files every session becomes unbearable."
🔬 What you need in a modern analyzer
These are the requirements I consider essential for a serious QuantAnalyzer alternative:
📋 Modern tool requirements
- ✓ Modern, intuitive interface: That doesn't give you a headache to use.
- ✓ Cloud storage: My strategies should be there when I return, without re-uploading anything.
- ✓ Complete statistical analysis: Not just basic metrics.
- ✓ Serious Monte Carlo: With multiple methods and clear visualization.
- ✓ Walk Forward: To validate out-of-sample robustness.
- ✓ Portfolio creation: The main reason I used QuantAnalyzer.
- ✓ Live tracking: Compare real results vs backtest.
- ✓ No installations: Accessible from any device.
✅ Algo Strategy Analyzer: The alternative
I couldn't find any tool that met all these requirements, so I decided to build it myself. That's how Algo Strategy Analyzer was born.
It's not a QuantAnalyzer clone. It's a complete reimagining of what a strategy validation tool should be in 2026. Here's what it includes:
100% cloud-based, no installations
Access from your browser, no installation needed. Works on Mac, Windows, Linux, tablet... Your strategies are saved automatically. When you return, everything is exactly as you left it. No more re-uploading files every session.
8 professional analysis modules
Each module is designed to cover a phase of the validation process:
- Complete Statistics — Over 40 metrics: profit factor, Sharpe, Sortino, expectancy, analysis by hour/day/month, streaks, trade distribution and much more. All with interactive charts.
- Filter Optimizer — Test what-if filters (hour, day of week, duration, position size) to find your strategy's optimal conditions without touching the code.
- Strategy Comparator — Compare multiple strategies side by side with normalized metrics to decide which one to take live.
- Monte Carlo (3 methods) — Trade shuffling, equity simulation with perturbation, and bootstrap. Visualize drawdown and return percentiles to know the realistic worst-case scenario.
- Walk Forward Analysis — Split your backtest into optimization and validation windows to detect overfitting. If your strategy only works in-sample, Walk Forward reveals it.
- Robustness Tests — Degrade parameters, add slippage, remove the best trades... If your strategy survives these tests, it has a real edge.
- Portfolio Lab — Combine multiple strategies into a portfolio. Analyze correlation, diversification and combined equity to reduce overall drawdown.
- Live Tracking — Upload your real results and compare them against the backtest. Detect deviations before they become serious losses.
Automatic import
We support exports from TradingView, TradeStation and MetaTrader 4/5. Just drag your Excel file and the platform automatically detects the format, language and source platform. No manual configuration.
Modern and clear interface
Designed so you find what you need in seconds. Interactive Plotly charts, filterable tables, dark mode... Everything built so analysis is efficient, not frustrating.
One-time payment, no subscriptions
The FREE version includes Statistics, Optimizer and Comparator with no time limit. The PRO version (€249 one-time payment) unlocks Monte Carlo, Walk Forward, Robustness, Portfolio Lab and Live Tracking. No monthly fees, no surprises.
⚖️ Detailed comparison
Let's be transparent and compare feature by feature:
| Feature | QuantAnalyzer | Algo Strategy Analyzer |
|---|---|---|
| Interface | ⚠️ Desktop (outdated) | ✅ Modern web |
| Storage | ❌ Re-upload each session | ✅ Cloud (saved) |
| Monte Carlo | ✅ Yes | ✅ Yes (3 methods) |
| Walk Forward | ❌ No | ✅ Yes |
| Portfolio creation | ✅ Yes | ✅ Yes |
| Live tracking | ❌ No | ✅ Yes |
| Platforms | ✅ Multiple | ✅ TradingView, TradeStation, MT4/5 |
| Robustness tests | ✅ Yes | ✅ Yes (advanced) |
| What-If filters | ⚠️ Limited | ✅ Advanced |
| 💰 Price | $29/mo or $349 lifetime | €249 lifetime |
Try the difference
Statistics module, Optimizer and Comparator free. No time limit.
Create free account →🎯 Who is each tool for?
I'm not going to tell you Algo Strategy Analyzer is better at everything. Here's my honest opinion:
🔧 Choose QuantAnalyzer if:
- • You work with platforms like NinjaTrader, Amibroker or others we don't support yet.
- • You don't mind the outdated interface.
- • You don't mind re-uploading files every session.
🚀 Choose Algo Strategy Analyzer if:
- ✓ You work with TradingView, TradeStation or MetaTrader.
- ✓ You value a modern interface.
- ✓ You don't want to re-upload files every session.
- ✓ You need Walk Forward or Live Tracking.
- ✓ You prefer one-time payment without subscriptions.
Conclusion
QuantAnalyzer served its purpose for years. But software has evolved and so have our expectations. A 2026 tool should save your work, run in the cloud and have an interface that doesn't look like it's from 15 years ago.
If you're tired of re-uploading files every session, random crashes and an outdated interface, it might be time to try something new.
❓ Frequently asked questions
Not directly. Algo Strategy Analyzer imports the original files from your trading platform (TradingView, TradeStation). Simply export your backtests from your platform and upload them to Algo Strategy Analyzer.
Yes. We currently support exports from TradingView (Trade List), TradeStation (Strategy Performance Report) and MetaTrader 4/5. The platform automatically detects the format.
The FREE version includes the complete Statistics module, the Filter Optimizer and the Strategy Comparator. You can analyze your own strategies with no time limit and no credit card required.
No. You just need to export the backtest from your platform (TradingView, TradeStation or MetaTrader) in Excel format and upload it. The tool automatically detects the format and processes the data.
The main differences are: 1) Algo Strategy Analyzer is 100% cloud-based (no installation required), 2) It saves your strategies between sessions, 3) It includes Walk Forward Analysis and Live Tracking that QuantAnalyzer doesn't have, 4) It has a modern interface designed for 2026.
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Try Algo Strategy Analyzer free
Free version with no time limit. Explore the modules and decide if it fits your workflow.
Try free →No credit card. No time limit.