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FlyTradr

Frequently Asked Questions

Answers about FlyTradr's no-code algorithmic trading platform, including strategy building, backtesting, simulation, paper trading, brokers, and plans.

Getting Started

5 questions

What is FlyTradr?

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.

Do I need coding experience to use FlyTradr?

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

What are the main tools in FlyTradr?

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.

What are the system requirements?

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.

How do I create my first strategy?

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.

Strategy Builder

5 questions

What can I build with the Strategy Builder?

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.

What indicators are available?

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.

Why do I need a custom name for each indicator?

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

Can I send a strategy directly to Backtesting Lab?

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.

Why does Strategy Builder say my strategy is invalid?

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.

TradingView & Pine Script

7 questions

What does TradingView Pine Script import mean in FlyTradr?

It means you can paste a supported TradingView Pine Script strategy into FlyTradr and convert the compatible logic into editable no-code builder rules. The goal is to preserve the strategy idea and move it into FlyTradr's backtesting, simulation, and paper-trading workflow without rebuilding everything manually.

What happens after I import a Pine Script strategy?

After import, FlyTradr shows a conversion report and creates editable builder logic for the supported parts of the strategy. You can then review indicators, conditions, and risk settings visually before running a backtest or continuing into simulation and paper trading.

Which Pine Script features are commonly supported?

FlyTradr currently supports many common strategy patterns including strategy name extraction, percent-of-equity sizing, long/short strategy.entry rules under if conditions, basic strategy.close exits, common ta.* indicators such as SMA, EMA, RSI, MACD, ATR, ADX, Supertrend, VWMA, KAMA, DEMA, TEMA, OBV, CMF, and standard conditions such as crossover, crossunder, boolean logic, comparisons, highest, lowest, rising, falling, and barsSince-style lookback helpers.

What is only partially supported or needs review after import?

Some Pine features convert only partially and should be reviewed carefully. Examples include strategy.exit setups using trailing or absolute-price arguments, custom order sizing beyond FlyTradr risk settings, limited request.security higher-timeframe imports, and indicator calls that use another indicator as the source when FlyTradr expects a price source.

What is not fully supported yet in Pine Script import?

FlyTradr is a compatibility converter, not a full Pine runtime. Complex request.security expressions, arrays, loops, runtime drawing state, custom state machines, arbitrary computed series, and many purely visual objects such as plots, labels, lines, boxes, and alertcondition blocks are not treated as full strategy logic support.

How does FlyTradr tell me when part of a Pine strategy did not convert cleanly?

FlyTradr surfaces a conversion report with warnings and unsupported items instead of silently guessing. That report is the place to see what translated, what needs manual review, and what still needs to be rebuilt or simplified before relying on the imported strategy.

Do I need coding knowledge to work with imported Pine strategies?

Not necessarily. The import feature is meant to help traders start from an existing TradingView strategy and then continue working visually inside FlyTradr. You still need to understand your own strategy logic, but you do not need to keep editing code if the supported logic has already been converted into the builder.

Backtesting Lab

7 questions

What is backtesting in trading?

Backtesting means testing a trading strategy on historical market data to see how the rules would have behaved in the past. It helps retail traders evaluate logic, risk, and consistency before using a strategy in simulation, paper trading, or live execution. In FlyTradr, this is handled through Backtesting Lab. See: /backtesting-software and /docs/backtesting-lab/overview.

What’s the difference between backtesting and simulation?

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.

How far back does historical data go?

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.

What results do I get after a backtest?

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.

Can I model fees and slippage?

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

How long do backtests take?

Single backtests typically run in seconds to under a minute, depending on the date range, timeframe, and strategy complexity. Batch backtests can take longer because each variation is evaluated as its own backtest, even when FlyTradr reuses shared market data where possible. See: /docs/backtesting-lab/overview.

Which plans include batch backtesting, and how are limits counted?

Batch backtesting is available on paid backtesting tiers only. Pro supports up to 3 variations per batch run and Pro+ supports up to 10. Each variation counts as one backtest against your backtesting usage limits, so a 3-variation batch consumes 3 backtests.

Trading Simulator

5 questions

What is the Trading Simulator used for?

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.

What is scenario injection?

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.

What markets are supported in the simulator?

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.

Can I control replay speed?

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.

Should I backtest before simulating?

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.

Paper Trader

5 questions

What is paper trading in FlyTradr?

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.

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

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.

What is the warmup period?

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.

Can I place manual orders during paper trading?

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

How long can a paper trading session run?

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

Live Trading

7 questions

What is Live Trading on FlyTradr?

Live Trading lets you run your algorithmic strategy against real market data through your connected broker. FlyTradr sends signals and manages orders on your behalf based on your strategy rules. You remain in control at all times and can stop or pause sessions from the platform.

Which markets support live trading?

Live trading is available for most supported markets including Indian equities, US equities, forex, and crypto. Market availability may vary by broker integration. Check the Live Trading setup page for the latest list of supported brokers and markets.

Which plan do I need to access live trading?

Live trading is available on the Practitioner plan and above. The Practitioner plan supports up to 3 concurrent live sessions on a single symbol. The Operator plan supports full watchlist-based live trading with more concurrent sessions.

Does FlyTradr hold or manage my money?

No. FlyTradr is a software platform only. We do not hold funds, act as a broker, or manage capital on your behalf. All trades are executed through your own brokerage account using your own funds. You are solely responsible for all trading decisions and outcomes.

Is live trading suitable for beginners?

We strongly recommend completing the full workflow - build in Strategy Builder, validate with Backtesting Lab, experience in Trading Simulator, then test risk-free in Paper Trader - before enabling live trading. Live trading involves real capital and real risk.

What happens if my internet connection drops during a live session?

Your live session will not stop. FlyTradr runs sessions server-side, so a browser disconnect or internet outage on your end has no effect on the session. If our servers experience any disruption, our automatic recovery system attempts to restore the session and resume normal operation. As an additional layer of protection, Guardian STOP is always active during live sessions — it monitors your open positions and will trigger a protective stop if signals are not restored and price moves unfavourably. Your capital is guarded even in exceptional circumstances.

What is Guardian STOP and when does it trigger?

Guardian STOP is a capital protection feature that runs automatically in the background during every live trading session. It acts as a safety net for situations where the strategy signal is interrupted — such as a server disruption, connectivity issue, or unexpected system event — and the position cannot be managed normally. If such an event occurs and price moves unfavourably beyond a defined threshold, Guardian STOP will trigger and close the position to limit losses. It operates independently of your strategy logic and cannot be overridden during a disruption, ensuring your capital is protected even when something goes wrong outside your control.

Plans & Billing

8 questions

Is there a free plan?

Yes. FlyTradr offers an Explorer tier that is free forever with no credit card required. It includes Strategy Builder, Backtesting Lab, Trading Simulator, and Paper Trader with generous free limits. See: /pricing.

Do you offer annual billing?

Yes. Annual billing is available and offers a discount compared to monthly billing. You can select your preferred billing cycle on the pricing or checkout page.

Can I upgrade or downgrade my plan?

Yes. You can upgrade at any time and the change takes effect immediately (you will be charged a pro-rata amount for the remainder of the billing period). Downgrades take effect at the start of the next billing cycle.

How do I cancel my subscription?

You can cancel anytime from your account settings. Your access to paid features will continue until the end of the current billing period - you will not be charged again after that. Cancellations do not delete your account or data.

Can I get a refund?

Refunds are considered for service unavailability, duplicate charges, or unauthorised transactions - provided the request is raised within 15 days of the charge date. Refunds are not issued for change of mind or forgotten cancellations. Approved refunds are processed within 6-8 business days. See our full Refund Policy at /refund-policy.

What happens to my strategies and data if I cancel?

Your account and all data (strategies, backtests, simulation history) are retained after cancellation. If your account remains inactive for 90 days, data enters a soft-delete grace period before permanent deletion. You can reactivate or export your data at any time before then.

Where can I see current pricing and plan details?

Visit /pricing for the latest plan details, feature comparisons, and what is included in each tier.

How do batch backtest limits differ between Pro and Pro+?

Pro includes batch backtesting with up to 3 variations per run and higher daily/monthly backtesting limits for active testing. Pro+ increases batch size to 10 variations per run and removes the standard daily and monthly backtesting caps.

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