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I just looked at the 10-year performance on the Turtles' system on
that link: abysmal!
--- In Metastockusers@xxxxxxxxxxxxxxx, "superfragalist"
<jackolso@xxxx> wrote:
> These guys test a large number of "black box" systems. Most cost
> between $1500 and $10,000. But who cares what they cost, they're going
> to make you a fortune. That's why all the major traders use them.
>
> http://www.futurestruth.com/
>
>
>
> --- In Metastockusers@xxxxxxxxxxxxxxx, "Richard Hu, ePurchasing
> Association" <rhu@xxxx> wrote:
> > 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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> >
> > _____
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