Frequently asked questions

Algo Studio is a monitoring and governance platform for MetaTrader 5 Expert Advisors. It monitors live EA performance against backtest baselines, detects strategy drift with CUSUM statistics, and can automatically halt degrading strategies. It also provides verified track records with cryptographic proof.

No. Algo Studio is read-only. The Monitor EA observes trade events and account data but never places, modifies, or closes trades. Your strategies run exactly as before.

Dashboards show you what happened. Algo Studio measures whether your strategy still operates within the statistical bounds that justified running it — comparing every trade against your backtest baseline in real time.

Yes. Algo Studio works with any MetaTrader 5 broker — IC Markets, Pepperstone, FTMO, or any other. The Monitor EA runs alongside your existing strategies without interfering.

Algo Studio uses CUSUM (cumulative sum) statistical monitoring to detect persistent performance degradation. Unlike simple threshold alerts, CUSUM accumulates small deviations over time — distinguishing normal variance from meaningful directional shift. This catches degradation weeks before it shows on your equity curve. See the full setup walkthrough on our How It Works page.

A composite 0-100% score comparing live trading results against your backtest baseline. Five weighted metrics — return, drawdown, win rate, volatility, and trade frequency — are each scored independently and combined into an overall health rating.

Monte Carlo randomizes your trade sequence 1,000 times to reveal the probability distribution of outcomes. Instead of relying on one backtest path, you see the realistic range — best case, worst case, survival probability, and everything in between.

Every trade is recorded in a tamper-resistant hash chain — each event cryptographically linked to the previous one. The result is an auditable history that proves results are genuine. Shareable with a public link, independently verifiable by anyone.

No. The Monitor EA is lightweight and read-only. It observes trade events and sends heartbeats without interfering with execution. It has no impact on trade speed or strategy performance.

Yes. Algo Studio never has access to your broker credentials. The Monitor EA connects over HTTPS with an encrypted API key. Trade data is stored encrypted and never shared with third parties.

Install the AlgoStudio_Monitor EA on any MT5 chart. Enter your API key (generated in the Algo Studio dashboard). The EA starts streaming data automatically. Setup takes about 2 minutes.

You can still connect and start monitoring. Algo Studio tracks your live performance, detects anomalies, and builds your verified track record. Uploading a backtest baseline unlocks drift detection and health scoring.

Everything. All features — drift detection, health scoring, auto-halt, verified track records, Telegram alerts — are included on the free Baseline plan. The only limit is 1 monitored trading account. No credit card required. Compare all plans on our Pricing page.

Plans differ only by how many trading accounts you can monitor: Baseline (1), Control (3), Authority (10), Institutional (unlimited). All platform features are included on every plan.

Yes. Cancel from your account settings at any time. No contracts, no cancellation fees. Your subscription remains active until the end of the current billing period.