Do Matriks IQ and İdeal require coding?

Not necessarily. Matriks IQ lets you write algorithms in C# or build them with wizard screens, and İdeal’s İDEALGO is described as working without writing any code. QuantPrompt differs in how you describe the strategy: as a sentence in Turkish or English, or as blocks, and the rules it built are always shown so you can check them.

Can QuantPrompt send orders to my broker like Matriks or İdeal?

No. QuantPrompt does not connect to brokers or place orders; it is a research tool. Matriks IQ and İdeal are trading platforms with live data and order routing. A common split is to test and stress an idea in QuantPrompt, then trade it in the terminal you already use.

Which BIST data does QuantPrompt use?

QuantPrompt tests BIST stocks and indices such as XU030 on hourly, four-hour, daily and weekly bars from public market-data sources, with commission and slippage applied. It is not a real-time feed and has no depth-of-market data; for live and tick data, Matriks and İdeal are the right tools.

What does QuantPrompt check that a normal backtest doesn’t?

Its robustness test asks whether the result survives: walk-forward testing on periods the parameters weren’t chosen on, a Monte Carlo reshuffle of your trades, a deflated Sharpe ratio corrected for how many variants were tried, and stress tests with double costs and each half of the period. Each gets pass, caution or fail. It costs 2 credits on every plan.

Is QuantPrompt in Turkish?

Yes. The whole site and app are in Turkish (and English, German, Spanish, Chinese and Japanese), and you can write strategies in Turkish, for example “THYAO’da RSI 30’u yukarı kesince al, 70’in üstünde sat”.

Home/Compare/QuantPrompt vs Matriks and İdeal

QuantPrompt vs Matriks IQ and İdeal

Matriks IQ and İdeal are Turkish market-data and trading platforms with built-in strategy testing; QuantPrompt is a web tool only for testing strategies. Matriks and İdeal give you real-time BIST and VİOP data and send orders; QuantPrompt lets you write the rule as a Turkish sentence or as blocks, tests it on BIST and eight other markets, and checks whether the result is overfitted. Many traders test the idea in QuantPrompt and trade it in their terminal.

Updated October 13, 2026

If you trade on Borsa Istanbul, Matriks and İdeal are the platforms you most likely already know. Both include backtesting, and both offer a way to build a strategy without code. This page compares them with QuantPrompt for one job: finding out whether a strategy idea holds up. Details about Matriks and İdeal come from product pages listed under Sources; prices and packages change, so check with the vendor or your broker.

Feature comparison

Feature	QuantPrompt	Matriks IQ	İdeal (İDEALGO)
What it is	Web app for testing strategy ideas	Desktop data, analysis and trading terminal	İdeal Data’s algorithmic trading product
Building a strategy	A Turkish or English sentence, or rule blocks	C# code, or wizard screens without code	No-code builder (“without writing a single line of code”)
Backtest and optimization	Yes; parameter plateau on the Max plan	Yes	Yes, plus system and stock scanning
Overfitting checks	Walk-forward, Monte Carlo, deflated Sharpe and stress, on every plan	Not stated in the sources we checked	Not stated in the sources we checked
Markets	BIST, plus US, India, Germany, Euronext, Shanghai and Japan stocks, crypto, forex	BIST equities, VİOP, Binance spot and futures	Turkish markets; tracks spot–futures arbitrage
Real-time data and orders	No: hourly to weekly bars from public sources, no order routing	Yes: a live data and trading terminal	Yes: automated trading robots based on price targets
AI	Turns your sentence into rules; analysis, critique and auto-iterate	AI direction forecasts can be added to algorithms	Not stated in the sources we checked
Strategy as code	Export to Python, C++, Rust or JavaScript	Algorithms are written in C# inside the platform	Not stated in the sources we checked
Price	Free plan; paid plans $5, $15 and $49 a month	Depends on package and broker	Depends on package and broker

How are they different?

Matriks IQ is a desktop terminal you keep open all day: live prices, charts, market depth and trading, with algorithm testing and optimization built in. İdeal is a data platform whose İDEALGO adds no-code strategy testing and automated trading robots. Both are tools for trading on Borsa Istanbul, not only for testing.

QuantPrompt does one thing: it tests a strategy and tells you how much to trust the result. It runs in the browser, including on a phone, needs no installation and doesn't touch your brokerage account.

How do you build a strategy in each?

In Matriks IQ you write the algorithm in C#, or build it with wizard screens. İdeal's İDEALGO builds strategies and trading robots without code. Both are capable; both ask you to learn their builder.

In QuantPrompt you write the rule in Turkish, the way you would say it: “THYAO'da SuperTrend yukarı dönüp hacim ortalamanın üstündeyken al, 20 günlük Donchian dibinin altında kapanınca sat, %4 stop”. The rules it understood appear as blocks you can change, so nothing runs that you can't see. You can also build the whole strategy with blocks, choosing from 46 indicators, without any AI.

Can you trust the backtest?

A good-looking backtest is easy to get by trying enough variants. QuantPrompt's robustness test checks the result four ways: walk-forward testing on periods the parameters were not chosen on, a Monte Carlo reshuffle of your trades, the deflated Sharpe ratio, which corrects for the number of variants tried, and stress tests with double costs and each half of the period. Each is marked pass, caution or fail.

Matriks and İdeal both offer optimization, which finds the best parameters on past data. The product pages we checked don't describe out-of-sample or overfitting checks, so the best parameters they find are worth testing on data they haven't seen.

Which one should you use?

You need real-time BIST and VİOP data and order entry: Matriks IQ or İdeal
You want a strategy to trade itself on BIST: Matriks IQ or İdeal
You want to test an idea quickly by writing it in Turkish: QuantPrompt
You want to know whether a result is overfitted: QuantPrompt
You also test US, European, Asian, crypto or forex markets: QuantPrompt

They work well together: test and stress the idea in QuantPrompt, then trade the version that survived in the terminal you already use.