Got onto this thread late in the game.
I do not understand the previous comment on not wanting to buy a protected indicator or strategy but
understanding on why intellectual property should have some value.
I write indicators and strategies, both Mid and High frequency for two of the largest hedge funds in the world.
All my stuff is well protected. Why would I want to 'give away' something that is generating a very nice income
to both the funds and me?
I use DiamondLock which may look expensive ($3500) but in the long term is not.
I would never offer anything on MT4 as it is known that the authors of the platform can decode anything on it.
I made the mistake a few years ago by having one basic indicator written for MT4 by some programming group
in the Ukraine. A few weeks later it was on sale. Small error on my part but a simple lesson learned.
As a result, almost nothing of real value will ever be on MT4 because of the lack of real protection to the authors of really
successful indicators and strategies.
I do not understand the previous comment on not wanting to buy a protected indicator or strategy but
understanding on why intellectual property should have some value.
I write indicators and strategies, both Mid and High frequency for two of the largest hedge funds in the world.
All my stuff is well protected. Why would I want to 'give away' something that is generating a very nice income
to both the funds and me?
I use DiamondLock which may look expensive ($3500) but in the long term is not.
I would never offer anything on MT4 as it is known that the authors of the platform can decode anything on it.
I made the mistake a few years ago by having one basic indicator written for MT4 by some programming group
in the Ukraine. A few weeks later it was on sale. Small error on my part but a simple lesson learned.
As a result, almost nothing of real value will ever be on MT4 because of the lack of real protection to the authors of really
successful indicators and strategies.