Why this exists
I'm Abhay Manchanda. Before this was a product, it was my trading system — a NIFTY options-selling engine I spent months building. It looked profitable. The equity curve was green. I was close to trading it with real money.
Then I did the one thing the industry never does: I tested it honestly. Ten years of data, 1,265 trades, out-of-sample checks, real costs, survivorship-aware. The result: −₹99,444. My "winning" system scored 31.7/100 — likely a lie. The curve was fitted, not found.
Most people bury that result and sell the signals anyway — that's the business model of an entire industry. Roughly nine out of ten retail F&O traders in India lose money, and a large part of why is that nobody's backtest was ever honest with them.
So instead of selling the lie, I built the lie detector. The Honest Quant is the tool I wish had existed before I almost traded a fake edge: build a strategy with no code, test it on decades of real history — including the crashes — and let the statistics say, without mercy, whether the backtest survives honest scrutiny. Not whether it'll make you rich — nothing can promise that — but whether the edge is real, or just a story the data told you.
We sell no signals and give no advice — we're not SEBI-registered and we say so plainly. Every data flaw we have is printed on the arena cards. Every parameter tweak you make is counted against your own result, because that's what intellectual honesty costs. The first system this engine ever destroyed was mine.
Write to the address on the project's public page — or wherever you found this, reply there. Account deletion requests are honoured, no questions asked.