Why sell profitable EAs! - page 7
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Newbies have always been, are and will always be. Fraudulent sales will exist as long as there are no unified criteria for evaluating TS and primary filtration of low-quality products on the marketplaces themselves. The simplest criterion could be a demo test of 3 months or more. For example, without a login to a 3-month or more demo account, the platform would not accept the Expert Advisor for sale. But let's ask ourselves: who benefits from this now? No one, except the newbie buyers. Sellers/authors (????) are interested in sales of any product, and site owners are too, because they get a % of sales.
Of course it's a playground.
"There are already quite a few 'venues'. The most interested, the most honest (primarily for reasons of healthy self-interest) is the MT developer. A platform from MQ would be very much in demand, I've been saying that for a year now. Why it hasn't until now is anyone's guess. In addition to all sorts of organisational reasons I can think of this: until there are at least a few solid experts, there is nothing to build a site on. Not to flood it with plum nonsense.
We have every reason to think that the question will arise after the Championship 2008.
-----------
By the way, not only automatic machines will be sold, but also semi-automatic machines, indicators, libraries, subscription to signals, etc.
That would be great, of course!
By the way, at www.mq4l.ru in the forum they will immediately sift and evaluate this or that work, there are many qualified experts - I won't dare say it
and it would be more reasonable and representative to create a full-fledged forum here
the prestige of MQL4 and METAQUTES products will rise even higher and the number of forum users will increase
Someone will write for CODEBASE for free, and someone will put something decent to METAQOTES trading floor
But the evaluation process will become more complicated - how can they evaluate a product they have to buy?
---
you may use not only EAs but also indicators, semi-automatic devices, trawls or signal processors
anything you want... and do not forget CODEBASE...
However, the difficulty of evaluation will increase, how can you evaluate a product that you have to buy first? except with feedback and a low number of returns.
---
and it is true you can display not only EAs but also indicators and semiautomated different trawls or signal handlers
anything you want... and don't forget CODEBASE...
It's really quite simple.
I have said before that a full-fledged market is a certain order, subject to laws. It is important to note that it is the external, objectively existing laws, and not the will of a single person, a genius. As I see it, the market of trading systems is in its final stage of formation, but it is not yet completely formed. However, this does not mean that anyone will do anything right by ignoring the laws of this market (even though the market is not yet fully formed). For this reason, the best thing all market players (buyers, sellers and developers alike) can do is to act in accordance with those laws. In particular:
Buyers. It is reasonable to buy goods where it is possible to get advice, where people gather (to ask for the impressions of other interested), where there is plenty of representative information (detailed properties, test results, the opinion of experts, etc.). It is not reasonable to buy a product for a penny from the left source, where the sellers promise you the moon.
Sellers. This group of buyers also wants to represent their product in a decent shop, where they can rely on the opinion of experts and where they can expect the product to be presented in a proper way (with graphs, reviews, etc.). The seller is also interested in being seen, which means, that he also wants the address of a recognized marketplace, and not the left sites (where the experts are mixed up with condoms).
The developers are also interested. Otherwise, the newly minted trader, not knowing what is better - worse, will go to the competition (and if it has a richer showcase and well-presented goods, then he ...). In my opinion, the trading platform presented by the developers is the last thing that needs to be done for the phenomenon to finally establish itself. Well, and, of course, support - publish these very test results, provide expert opinion, provide maximum information (voting, number of downloads/number of positive reviews, popularity rating, interviews with authors and their pics, forum sections dedicated to popular developments, etc.).
Product. The quality of a product varies, but it's usually clear what's good and what's not so good or bad. Sometimes, you don't know what a product is until you use it. It's like a movie. Until you see it, you don't know. At the same time, you can judge the quality of the product by indirect indicators - for example, rating, feedback from users, the number of discussions dedicated to the product, etc. And you can watch the movie yourself and comment on the forum. It's not so hard to make a comparative evaluation of different products. Alpha is more reliable than Betta, but Betta gives good profit sometimes. Everyone will decide for himself which product is better to buy.
Prices. This is the easiest and most obvious. Prices are regulated by the market. The market is the market.
I haven't said anything new. I just wish it was already there.
Signals, on the other hand, are different! It's the same as not selling a hen laying golden eggs, but just selling those eggs for scrap! :)))
Signals, on the other hand, are different! It's the same as not selling a hen laying golden eggs, but just scraping those eggs:)))
Signals, on the other hand, are different! It's the same as not selling a hen laying golden eggs, but just scraping those eggs:)))
But here's the thing!
Let's say we managed to create a super MTS giving let's say 1300% for 3 months.
its EFFICIENCY has been tested many times!
And a lot of people found out about it! For example, from the championship!
And let's say those who wish to buy it from the author for $ 80,000-00$ or 100,000,000.00
Of course, the developer of such an MTS will not sell it - although he may agree to do it for a million - but that figure was not announced!
will take it over! THIS IS THE BEST!
----
SELL IT FOR 80-100k you can do it too! the only trouble is that the code will be cracked!
if you have a guarantee that the code will not be broken, the author could have sold it, but with time limitations.
but even very secure software gets broken... that's why selling such code is unprofitable
It's better to manage 10 people for 10k = 100k and let MTS work for a year... here's 200% of 100k is already clear how much will be really earned in a year
selling an MTS is unreasonable in principle, because you may gain 80-100 thousand rubles a year by using MTS for management.
that's why they don't sell MTS... like the one which on 2007 took 1 place, though I see for the first time MTS which is not sold ...
---
selling an MTS working for 1-2-3 months is reasonable and it is reasonable to buy it UNDERSTANDING that it will stop working in a while
The amount should also be reasonable.
If you do not have any idea, you will not make much profit with brokerage companies. I agree with the problem of code cracking, there is no point in making software protection, for example, operating systems, games, large teams of specialists work, but the result is practically zero, everything is cracked.
I think the only way out of this situation is to protect the algorithm of the system, tied to a specific computer of the buyer and organize a system of confirmation requests to the seller's server, no hacker can crack the algorithm, unless of course the system is very primitive, but they are not talking about it, on a primitive system serious analysis can not be organized.
A platform from MQ would be very much in demand, I've been saying that for a year. Why it hasn't yet is anyone's guess. Apart from all sorts of organisational reasons I can think of: as long as there are no at least a few solid experts, there is nothing to build a platform on. We can't flood it with plum nonsense.
And without conspiracy, retail-sales in such a delicate area may raise so much gonads that one will never wash off then, i.e. it is worth associating with it only if you have nothing to eat.
A potential buyer should in any case contact a specialist. There are too many nuances and too many opportunities to cheat. However, this rule is true for any business - no director wants to do accounting or write commercial software for his company himself. :)
On the other hand, without a sufficiently long real-time and specialist will not say anything, adjustment can be made so that everything will look "civil" even to the experienced eye.
On the third hand, real-time alone is not enough - no one will wait for years for the "proof", besides, in a few years the pattern may just disappear.
Bottom line - a reasonable compromise: backtest over 5+ years, plus real-time over 0.5+ years, and in these last half years real-time should coincide with backtest, and show profit within general trend from backtest. In addition, the cases of a) asymmetry (compare with Buy&Hold for the period) and b) in case of pips/scalping - the issue of quote quality (influence of filtering, running on quotes from another source) should be considered separately.
Who says that an EA for one pair must work on another? This popular phrase comes from the writings of the "classics" who worked in the stock market. The charts of different currencies are not similar in their "physical meaning", and they do not have to behave in the same way.
Well, I have shown test charts of one EA on different currencies .