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So let's assume that these are well coded indicators. I like them so much
that I start to use them . Maybe I build them into a system I want to use.
Then what - I'm locked in to paying these guys a large some of money every
year for ever? Or someone wants to use them as a small part of a system they
want to sell someone else - are they going to have to pay royalties?
These aren't systems, they're indicators. They are building bricks that, if
they're useful, you may use as part of something larger. What would it be
like is Wilder or Appel or Bollinger or Lane (or their estates) decided that
they wanted to patent their indicators so you would have to pay a licensing
fee for as long as you used them?
Look, I can only speak for myself. I was excited when I saw the post. It
looked like a really useful contribution. But I was staggered when I saw the
pricing scheme. To my mind it looks like a bad precedent for Metastock
coders and a bad precedent for Technical Analysis. But I'm curious now -
what does everyone else think? Is this a good way to go? Should we pay
on-going licensing fees for every piece of code that people contribute to
this site?
Yes, people deserve to get paid for good code. But this pricing model sure
doesn't work for me.
What do you all think?
Andrew
-----Original Message-----
From: Metastockusers@xxxxxxxxxxxxxxx [mailto:Metastockusers@xxxxxxxxxxxxxxx]
On Behalf Of Kevin
Sent: Thursday, June 30, 2005 3:19 AM
To: Metastockusers@xxxxxxxxxxxxxxx
Subject: Re: [Metastockusers] Re: New Adaptive Tools for Metastock
Hello Andrew,
I think that you are being a little harsh here. This guy is simply letting
people know that he has a Metastock product for sale on the Metastock
forum. It's been done before and, as far as I'm concerned, is perfectly
legitimate. After all, nobody has to buy the product or even look at his
site. He made it perfectly clear in his original post that his is a
commercial offering.
Your argument could be extended to the people at Equis. They have sold most
of us the Metastock package for........money!! Shock! Horror! Have they
taken us for fools too?
If somebody wants to set up shop as a dentist, does he/she expect to pick
up a chair on the cheap, get given a box of drills for free and crib a few
tips about teeth from an internet forum? In any profession, the tools and
expertise have to be bought and, usually, paid for. Experience comes over
time, but that's a different story. Why should the business of trading be
any different?
Regards,
Kevin
At 09:00 30/06/2005 +0300, you wrote:
>
>My dear friend,
>
>nobody here wants to disprove your work and efforts of making valuable
>market tools.The only point I want to stress out,as I've done in the
>past is that no indicator,no technical study and no pattern will make
>you a good trader....
>
>Good traders trade the markets and make money.All the others are
>selling books,services,indicators,seminars,etc....And they will always
>find some fools to buy these "products" and earn their living from
>them....period!
>
>----- Original Message -----
>From: "bradulrich33" <bradulrich@xxxxxxxxxxx>
>To: <Metastockusers@xxxxxxxxxxxxxxx>
>Sent: Thursday, June 30, 2005 8:15 AM
>Subject: [Metastockusers] Re: New Adaptive Tools for Metastock
>
>
> > --- In Metastockusers@xxxxxxxxxxxxxxx, "Andrew Tomlinson"
> > <andrew_tomlinson@xxxx> wrote:
> >> Not quite a bargain at $600 per annum!!!
> >>
> >> Makes it clear what good value Roy and Jose's work is.
> >>
> >> Do Metastock users have a reputation for being rich and dumb, that
> > someone
> >> tries something like this?
> >>
> >> Andrew
> >>
> >
> >
> >
> > And how is something Expensive automatically Worthless? If our
> > product was cheap or free, would it be totally awesome???
> >
> > Did you bother to research our products at all, do you have anything
> > intelligent to say about them beyond the obvious? It is easy to cut
> > and paste the prices, see:
> >
> > A full list of our prices can be found here:
> > www.thedml.com/pages/order
> >
> > You seem to have formed a staunch opinion quite quickly, and yet in
> > so, so, little time. It it seems as though you were discouraging
> > people from looking at the site and gathering their own information.
> > How else do we learn? It is you who is trying to pull the sheet
> > over their eyes, not me. I want them all to see. Form their own
> > opinion.
> >
> > ----------------------------------------------------------------
> >
> > Secondly, I think you mispoke: "trying something like this" doesn't
> > require being rich or dumb. "Trying" the trial for two months is
> > free; doesn't cost a thing. And you don't have to be dumb, although
> > you can be...we don't discriminate :)
> >
> > With the trial, you are locked into absolutely nothing, you receive
> > nothing that you didn't ask for, and it can fully uninstalled, no
> > problems...right back to where you started. I have recently updated
> > the trial download page to mention these important things...I
> > realize many people trick you into things with trials...
> >
> > As for Roy and Jose, they ARE worth their weight in gold, and I
> > respect what they do. I can only hope the my company and its users
> > can have people as dedicated to education and service as those two.
> > If fact, it is our primary policy to offer and encourage education
> > to (and between) our users. I really like these guys, I do. So
> > much, In fact, that I am modelling our company after each of theirs:
> > I am offering quality products for sale, but I am counting on my
> > support and services to earn a reputation.
> >
> > And I assure you, if Roy and Jose could do what our products do:
> >
> > 1.) They would have already done it
> > 2.) I would not have spent years developing them, and
> > 3.) I would not be selling them, they would be.
> >
> > ----------------------------------------------------------------
> >
> > Ah, yes, and then there is the price::
> >
> > Professional tools are offered at premium prices. This is obvious
> > in many areas of trading software/services.
> >
> > For example, you can download data for free, or you can get premium
> > data for TWICE of what our indicators cost per month. Just for
> > DATA.
> >
> > As for the benefits:
> >
> > You have to understand what it is our products do that you cannot do
> > already in Metastock. With ASI, (the adaptive indicators), this
> > point is somewhat subtle, and not everyone gets it. If you have been
> > working inside the confined space that is the Metastock language,
> > then you may not realize that there is another world of more
> > powerful indicators out there waiting to be built. We ourselves at
> > the DML do not even see the entire realm of possibilities. The
> > indicators are not just end indicators, they are TOOLS that EXTEND
> > THE METASTOCK FORMULA LANGUAGE.
> >
> > As with any new tools, it will take time, and a growing user base,
> > to really find out what they are capable of. Some advanced users
> > know this already, and have been waiting years for a product that
> > does what ours does. They are very excited, and can't believe
> > someone has finally done it. This is our main target audience.
> >
> > As for Ehlers' work, it speaks for itself. I can tell you as a
> > mathematician and an engineer that the math makes sense and is
> > theoretically sound. What makes so many people not use his stuff is
> > the fact that it is hard to implement. They say it is hard to
> > understand, which I'm sure is true, but that is not the real reason
> > that it is not used. What keeps people from using it is if it is
> > hard to use..until now. I can also tell you that there are
> > advancements and improvements to be made, that HAVE BEEN MADE to
> > Ehlers' stuff, beyond what is in his books. Our indicators let
> > you
> > logically make these advancements without being a mathematician or a
> > professional programmer. I did the hard work when I laid these all
> > out and did the C++ programming, now they are easy-to-use and
> > extensible.
> >
> > No doubt, are products are mainly geared towards professional
> > traders that can already see how to use our new tools to make better
> > indicators. And thus the cost of our products is easily justified
> > to them. For the others, it will surely take some time to see the
> > possibilities. Our growing knowledge base is intended to help share
> > this information that the cutting-edge users develop, and pass it on
> > down to the less advanced. We encourage you to contact us to find
> > out more about how our products can help you as a trader.
> >
> > We realize that the only reason that you would buy our products is
> > if you thought they would help make you more money trading. We KNOW
> > that they can, because we have seen the difference between them and
> > the less effective ones: the 30 year old indicators that come with
> > metastock, and worn out ones that have been written using its
> > limited formula language and old indicators.
> >
> > Our products are very professional, and thus, we charge a
> > professional price. We offer top-notch products, support that is
> > second-to-none, and more than anything, we encourage a community of
> > learning and improvement that will hopefully justify the cost of our
> > products.
> >
> > The only disadvantage we see is our prices, which are pretty much
> > set (although we will be offering promotional offers up to 20% off
> > over the next few months).
> >
> > If you actual take the time to study our product and find any
> > disadvantages OTHER THAN PRICE, we will be happy to hear them, and
> > hopefully, will be able to resolve them.
> >
> > And hey, most new add-ons you hear about are not only expensive, but
> > they don't do anything. So we can't blame anyone who has dismissed
> > our products as expensive products that take advantage of suckers.
> > We are not looking for suckers. Suckers won't get what our stuff
> > does. We are confident that our products actually do something
> > dramatic. As we say, We've Given Metastock a BIG Upgrade! So please
> > take the time to think about the possibilities.
> >
> > Thanks,
> >
> > Brad Ulrich
> > Developer
> > The Dynamic Market Lab, LLC
> > www.thedml.com
> >
> >
> >
> >
> >
> > Yahoo! Groups Links
> >
> >
> >
> >
> >
> >
> >
> >
>
>
>
>
>
>Yahoo! Groups Links
>
>
>
>
Yahoo! Groups Links
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