EquityMonaco

EquityMonaco, developed by TickQuest Inc., is a powerful tool designed for conducting Monte Carlo Simulation for trading systems. The latest version, 2.0, is available as a free download and supports Windows XP. This software belongs to the Business category, specifically under Finances.

One of the highlights of EquityMonaco is its ease of use. Setting up a simulation is straightforward. Users only need to fill in the position source, input a set of basic parameters, and hit the start button, enabling even novices to generate their first simulation easily. The program also provides extensive control options for advanced users, allowing for fine-tuning from Position Data Preprocessing to Position Sizing Methods.

The program file, EquityMonaco.exe, is efficiently packed with features that assist users in analyzing the characteristics of their trading systems through rigorous trial runs and statistical collection. Notably, the software’s flexibility and comprehensive control settings open up limitless possibilities for users.

While version 2.0 is the latest, there are other versions available, such as 2.3, and 2.0. The program is licensed as Freeware, making it accessible without any financial commitment. This is a great advantage for those who want to explore its robust features without any cost.

Pros:

• Free to use
• User-friendly interface
• Highly customizable controls for in-depth simulations

Cons:

• Only supports Windows XP
• Might be too complex for absolute beginners

You may want to check out more software, such as Money Talks or CogeXP, which might be similar to EquityMonaco.