Anonymous algo
- This topic has 26 replies, 8 voices, and was last updated 2 years ago by
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Yes it is a moral dilemma. There are people that are willing to put their code out there for everyone to discuss and share for free and then there are some people who are willing take that code and see it as something they can sell. A few variable name changes and a maybe an additional filter that misses two or three losing trades in the last decade to turn it into an ‘original’ code with a different name.
Some would say that the generosity of the original coder has been abused and others would congratulate the seller on their entrepreneurial skills.
Personally I’m a little morally uncomfortable with it and it is perhaps one of the reasons why I have never developed or shared strategy codes within the forums – I don’t like someone I don’t know taking my work from me for free and selling it without even asking!
It has started to get to the point where I am even a little uncomfortable to release indicator code to the library as they all have a value and someone else could abuse my generosity and sell my codes pretending that they are their own. Once the ‘MarketPlace’ is up and running I may end up just releasing them there for a small fee so that they can’t be copied because the code is hidden and no one is being scammed by being asked for a lot of money for a copy of a free code.
Perhaps I am missing a trick and should be stealing the code others have been so generous with – but I sleep better at night.
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MAKSIDE – That is a possibility and will ultimately come down to Nicolas and how ‘original’ he feels a strategy code or indicator code is before allowing it to be sold in the MarketPlace. If lots of unoriginal codes are being sold then it won’t take long before someone like ‘Anonymous Algo’ spots that they are all taking the same trades and producing the same equity curves and once that is perhaps pointed out in the forums then sales will drop off and reviews will turn bad. The reputation of the MarketPlace will be slightly damaged too – so I guess everyone has to trust that Nicolas will do a good job of weeding out the copy and paste sellers.
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Force India did so with Mercedes … (and got away with it)
No – they went to the Mercedes factory and took some photos and were given some design drawings and then a cup of tea and sent away to make their own ‘original’ parts that just happen to be identical. Mercedes need their B team to get in the way of RedBull and that pesky Max as much as possible.
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@Makside I’m sure you are using code snippets coming from the forum in your own trading algorithms, right? That’s NOT A PROBLEM for me, this is the purpose of the website, you know.
I know that posting codes for free, on my own website, will somehow benefit for other people to be able to make their own way through the road to be profitable, and I’m proud of that.
So please, do copy, inspire yourself, and improve codes, otherwise, I have no reason to wake up in the morning to maintain our expanding community! 😆
Thanks everyone, keep coding and sharing ideas and please be kind with each others.
(TIP: Don’t trust everything you read on the internet … )
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