What Formiq does
Chart analysis, replay practice and no-code backtesting — all in a browser tab. Scroll, and the real screens play through in order.
A Google account is all it takes to sign up. No credit card.
A representation of the Formiq screens, animating as you scroll.
Move the chart forward, one candle at a time
Replay practice plays historical candles back as if the market were moving. There are two modes: visual replay, which advances on its own, and manual trade, where you step one candle at a time at your own pace. Several years of history are available, so you can practise the same stretch of market as often as you like.
Layer indicators on with one click
Moving averages, RSI, MACD, Bollinger Bands and 80+ others. Drawing tools for trendlines and levels are on the same screen.
The free plan shows 2 at a time (1 without an account). Unlimited removes the cap.
Ask the AI about your chart
Fommy, the AI assistant, reads the state of the chart in front of you and answers from it. Ask about the direction of the trend, how to read an indicator, or the setup on screen — without leaving the chart. It also works the chart for you: ask for an indicator and Fommy adds it.
10 questions a day on the free plan, 300 a day on Unlimited. Chart commands such as "show me RSI" run locally and do not count against either.
Take the entry without risking money
Demo trading with market and pending orders, stop loss and take profit. Account currency can be JPY, USD or EUR. Every closed trade lands in the trade journal and P&L calendar, so you can go back over your own decisions later.
Open the chart and try it →Turn "this looks like it works" into a number
Was the pattern you found in practice a coincidence of that one stretch of market, or does it hold up across the whole history? That question is what backtesting answers.
Pick the conditions. Write no code.
Assemble entry and exit rules from indicator conditions in dropdowns. No scripting language and no programming knowledge required. Save what you build and re-run it on a different pair or period — or export it as an MQL4 expert advisor for MetaTrader 4.
The free plan runs 3 backtests a day (1 without an account).
Win rate, profit factor, max drawdown
Results come back as soon as the run finishes: trade count, the split between winners and losers, average win and average loss, and the ratio between them. Change the pair or the period and run it again from the same screen.
The figures on screen are sample values. Real results depend on the strategy and the period you test.
Everything above starts free
The free plan has no time limit: 2 indicators at a time and 3 backtests a day. Consider Unlimited when you want more than that.
Details are in the help pages; questions go to contact.