Does anyone know if there is a proven
profitable trading system (not just an indicator that may or may not work) for
sale / lease?
If so, how much do they charge for it?
Richard
-----Original Message-----
From:
Metastockusers@xxxxxxxxxxxxxxx [mailto:Metastockusers@xxxxxxxxxxxxxxx] On Behalf Of P Umrysh
Sent: Thursday, June 30, 2005
10:07 AM
To: Metastockusers@xxxxxxxxxxxxxxx
Subject: [Metastockusers] Re: New
Adaptive Tools for Metastock
Andrew,
I agree...price is too high!
Brad also assumes that adaptive DLL's have not
already been written.
They have. I have a set and quite frankly don't
find them very useful.
Preston
--- 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
>
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