Thoughts On Amibroker in 2024 (Review, Summary, Pros And Cons)

This review of Amibroker is based on many years of live trading. Prior to using Amibroker, I was trading semi-automatically by using a simple script in Excel. Having focused solely on stocks since 2001, I decided to start looking into futures in early 2017 and opted for Amibroker as my trading platform.

The question is: is Amibroker worth it? Why use Amibroker? In this brief review and summary, I look at the pros and cons of Amibroker and how it performs against some of the other backtesting platforms. Each platform has its advantages and disadvantages, but in my opinion, Amibroker is well worth its modest price for a lifetime license.

Excel is not exactly the best program for automated trading, so I decided to use one of the many platforms out there: Amibroker, Metastock, Tradestation, Multicharts, or Ninjatrader, etc. All these platforms are both for backtesting and automation. Tradestation is a bit different, though, because it is also a broker. All the others are stand-alone platforms. I decided to go for Amibroker.

(Before we go on we’d like to mention that we have a backtesting course that covers all aspects of how to backtest.) Let’s go on and you’ll learn what are the pros and cons of Amibroker.