Question 1

What is FlyTradr?

Accepted Answer

FlyTradr is an algorithmic trading platform where you can build strategies (no-code), backtest them on historical data, simulate execution with market replay, and paper trade on live market data using virtual capital. See: /docs/getting-started.

Question 2

Do I need coding experience to use FlyTradr?

Accepted Answer

No. The Strategy Builder is designed to let you create strategies visually without writing code. See: /docs/strategy-builder/overview.

Question 3

What are the main tools in FlyTradr?

Accepted Answer

FlyTradr includes Strategy Builder (create strategies), Backtesting Lab (historical validation), Trading Simulator (historical replay with execution realism), and Paper Trader (live data simulation). See: /docs/getting-started.

Question 4

What are the system requirements?

Accepted Answer

FlyTradr runs in a modern browser (Chrome, Firefox, Safari, or Edge) and is optimized for desktop screens (minimum 1280×720, best at 1920×1080+). See: /docs/getting-started.

Question 5

How do I create my first strategy?

Accepted Answer

Open Strategy Builder, add indicators, define entry/exit signal conditions, set risk management rules, then save and run a backtest to validate performance. See: /docs/getting-started and /docs/strategy-builder/overview.

Question 6

What can I build with the Strategy Builder?

Accepted Answer

You can build rule-based trading strategies using indicators, entry/exit signals, and risk management rules like stop loss, take profit, and position sizing. See: /docs/strategy-builder/overview.

Question 7

What indicators are available?

Accepted Answer

The Strategy Builder includes common indicators like RSI, MACD, SMA/EMA, Bollinger Bands, and more (16+ additional indicators are documented). See: /docs/strategy-builder/overview.

Question 8

Why do I need a custom name for each indicator?

Accepted Answer

Each indicator requires a unique custom name so you can reference it unambiguously when building signal conditions. See: /docs/strategy-builder/overview.

Question 9

Can I send a strategy directly to Backtesting Lab?

Accepted Answer

Yes. After you build a strategy in Strategy Builder, you can run a backtest from the Backtest action without leaving the workflow. See: /docs/strategy-builder/overview.

Question 10

Why does Strategy Builder say my strategy is invalid?

Accepted Answer

Most validation errors come from missing required fields (like indicator custom names) or missing entry/exit rules. Use the preview/validation panel to see what needs fixing. See: /docs/strategy-builder/overview.

Question 11

What’s the difference between backtesting and simulation?

Accepted Answer

Backtesting evaluates your strategy on historical data quickly to validate performance. Simulation and paper trading focus on how the strategy behaves during step-by-step execution (replayed or live) with execution realism. See: /docs/backtesting-lab/overview.

Question 12

How far back does historical data go?

Accepted Answer

It depends on the market and provider. The docs list examples like 3+ years for crypto (Binance), 10+ years for stocks/forex/commodities (Yahoo Finance), and 20+ years for indices (Yahoo Finance). See: /docs/backtesting-lab/overview.

Question 13

What results do I get after a backtest?

Accepted Answer

Backtests include performance metrics (like win rate, Sharpe ratio, drawdown), an equity curve, and a detailed trade list with entries/exits and P&L. See: /docs/backtesting-lab/overview.

Question 14

Can I model fees and slippage?

Accepted Answer

Yes. Backtesting Lab supports commission and slippage settings so results are closer to real trading conditions. See: /docs/backtesting-lab/overview.

Question 15

How long do backtests take?

Accepted Answer

Backtests typically run in seconds to under a minute, depending on the date range, timeframe, and strategy complexity. See: /docs/backtesting-lab/overview.

Question 16

What is the Trading Simulator used for?

Accepted Answer

The Trading Simulator replays historical data so you can watch your strategy execute over time, test execution realism (latency/slippage/market impact), and stress test with scenario injection. See: /docs/trading-simulator/overview.

Question 17

What is scenario injection?

Accepted Answer

Scenario injection lets you test edge cases like flash crashes, volatility spikes, or liquidity droughts to see how your strategy behaves under stress. See: /docs/trading-simulator/overview.

Question 18

What markets are supported in the simulator?

Accepted Answer

The simulator supports multiple market types (docs include crypto via Binance, US stocks and forex via TwelveData, and demo data for some markets). See: /docs/trading-simulator/overview.

Question 19

Can I control replay speed?

Accepted Answer

Yes. The simulator supports configurable speed modes so you can run in real time or faster to complete tests sooner. See: /docs/trading-simulator/overview.

Question 20

Should I backtest before simulating?

Accepted Answer

Yes. The simulator guide recommends backtesting first so you validate the strategy logic before spending time on deeper execution testing. See: /docs/trading-simulator/overview.

Question 21

What is paper trading in FlyTradr?

Accepted Answer

Paper trading runs your strategy on live market data in real time using virtual capital. It’s the final validation step before going live. See: /docs/paper-trader/overview.

Question 22

Do paper trading sessions keep running if I close my browser?

Accepted Answer

Yes. The Paper Trader guide notes sessions can run in the background, so you can return later to monitor performance. See: /docs/paper-trader/overview.

Question 23

What is the warmup period?

Accepted Answer

Before trading starts, FlyTradr loads enough historical candles to initialize your indicators. Warmup depends on the indicators used (for example, SMA(200) needs 200 candles). See: /docs/paper-trader/overview.

Question 24

Can I place manual orders during paper trading?

Accepted Answer

Yes. The Paper Trader tool supports placing manual orders during a session. See: /docs/paper-trader/overview.

Question 25

How long can a paper trading session run?

Accepted Answer

Paper trading has tier-based duration limits (the docs mention 7–90 days depending on subscription tier). See: /docs/paper-trader/overview.

Question 26

Is there a free plan?

Accepted Answer

Yes. FlyTradr offers an Explorer tier that’s free. See: /docs/getting-started.

Question 27

What paid plans are available?

Accepted Answer

The Getting Started docs list Practitioner ($49/month), Operator ($149/month), and Enterprise (custom) tiers. See: /docs/getting-started.

Question 28

Can I upgrade later?

Accepted Answer

Yes. The docs recommend starting on Explorer and upgrading anytime when you need more capabilities. See: /docs/getting-started.

Question 29

Where can I see current pricing and plan details?

Accepted Answer

Check the Pricing page for the latest plan details and what’s included in each tier. See: /docs/getting-started.

Question 30

How do I get help if I’m stuck?

Accepted Answer

Start with the docs for the tool you’re using (Strategy Builder, Backtesting Lab, Simulator, or Paper Trader). If you’re still stuck, contact support with details about what you tried and any error messages. See: /docs.

Frequently Asked Questions

Getting Started

Strategy Builder

Backtesting Lab

Trading Simulator

Paper Trader

Plans & Billing

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