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Andrew, Super,... Just about every software suppier in the engineering
space has migrated to the lease model (or time-based model, as they
like to call it). Wall street loves deterministic annuity revenue models.
Even ole Equis has a lease model for Metastock.
I contend that your beef is more to do with the fact that a small
outfit is trying to exert pricing power over you, and less to do with
the actual dollars.
What about Reuters' IV in my arm, month-in, month out? What can I do
about it? How is that different?
--- In Metastockusers@xxxxxxxxxxxxxxx, "Andrew Tomlinson"
<andrew_tomlinson@xxxx> wrote:
>
> 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@xxxx>
> >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
Yahoo! Groups Links
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