ProRealCode MarketPlace: sell your trading products to thousands of ProRealTime users!
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- This topic has 551 replies, 89 voices, and was last updated 8 months ago by Mauro T. “Algorithm System”.
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05/25/2021 at 9:23 AM #170318
As per the Terms of Service of the website, all vendors must comply to the document: https://market.prorealcode.com/terms-of-service/
Vendors must trade in live their products in case of “automated trading strategies” products, and that’s the case.
The sellers are solely responsible for the content of their product pages, the marketplace cannot legally intervene in the content of these pages. (by the way, if I had to write personally each product of each seller, what would be the interest ? 😉 )
That’s why everything is done so that you can contact them directly if you miss something or if you want more information.05/25/2021 at 9:27 AM #170319Did I order for 9 months ? 3 accounts ? Is possibly the text at the bottom of the 1st attachment not correct ? (renewal in August does not change per changed quantity) – something else I overlook ?
No. In this case you are ordering 3 licenses that will expire together in 3 months. The expiration date is calculated at the date of the purchase.
Every 3 months, the licence is renewed automatically, with a payment of the same amount of the initial payment.
05/25/2021 at 9:31 AM #170320I was under the assumption this information should be provided in order for the product to be posted on the MarketPlace. Bummer.
I think that was promised, yes. Decency check and such.
Or maybe that was wishful thinking ?
Im intressted how u ended up with that bot and not this one?
https://market.prorealcode.com/product/cfd-autotrading-talos-v2-1/05/25/2021 at 9:36 AM #17032205/25/2021 at 10:51 AM #170334Im intressted how u ended up with that bot and not this one?
https://market.prorealcode.com/product/cfd-autotrading-talos-v2-1/
Sorry, I do not understand what you mean. I just clicked on some algos, and none of them is showing screenshots from live trading. The pic you posted is of none interest to me, since it’s not showing proof of live trading.
To create successful algorithms is as we all probably know very difficult, and if I ever was going to buy one, I would at least want to see screenshots from live trading over a minimum of 6 months, preferable much more than that.
Buying/selling algos based on screenshots over 200k backtesting is for me completely irrelevant.
05/25/2021 at 10:51 AM #170335No. In this case you are ordering 3 licenses that will expire together in 3 months.
Thank you, Nicolas. But what is 3 licenses ? Is that for three people ? or is it for 3 accounts after all ? (and isn’t that the same as “3 people” ?)
As you will understand, I am asking for the possibilities as a seller. So I was trying to find examples …Thanks !
05/25/2021 at 11:23 AM #170345tell me what the warning is? zilliq you have some kind of weird assumption that does not fit at all, so tell me what you want to warn ppl about, really.
This was worked out to some degree earlier on in this topic. You could say that I agree with zilliq (testimonial is in the topic, here). However, a few posts later I worked it out to something which could bring money for everyone (also for me). I am afraid that the point is that nobody believes in this in the first place, so it has to be fake(d).
I too don’t believe much in buying / renting algo’s from someone else and to be honest, earlier on in this topic I was under the impression that it would not be about that – and merely about smart Screeners or Indicators (and as we can see today, the majority is about that indeed). Otherwise it would have been my personal advise not to even grant Algo’s in order to avoid “difficulties”. On an other notice, this is where the money lies (for the seller, for you, for Nicolas).
Btw, I seem to be interfering but all I am is a potential seller. It could be odd that the others are invisible. Maybe I am overlooking them. I suppose there is a difference between having a commercial act on one hand and wanting to share on the other. But those who share (easily visible as active PRT users in this forum) don’t sell/rent-out their algo’s ?
Zilliq’s story is : if you’d have such a good algo that you could be infinitely rich, why go through the trouble of offering that algo to others. You would not need the money so all extra (little or not) effort is extra.
But sellers could be different and may like to share, and have some extra fun-money on top of that. And FYI, this attitude really exists; my whole life is about sharing (but earn something over it meanwhile).A hopefully balanced 2c
05/25/2021 at 12:42 PM #170366But what is 3 licenses ? Is that for three people ? or is it for 3 accounts after all ? (and isn’t that the same as “3 people” ?)
1 license = 1 installation for 1 trading account. Once a license (product) is installed in your platform, it cannot be used again.
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05/25/2021 at 12:56 PM #170368Im intressted how u ended up with that bot and not this one?
https://market.prorealcode.com/product/cfd-autotrading-talos-v2-1/
Sorry, I do not understand what you mean. I just clicked on some algos, and none of them is showing screenshots from live trading. The pic you posted is of none interest to me, since it’s not showing proof of live trading.
To create successful algorithms is as we all probably know very difficult, and if I ever was going to buy one, I would at least want to see screenshots from live trading over a minimum of 6 months, preferable much more than that.
Buying/selling algos based on screenshots over 200k backtesting is for me completely irrelevant.
Thanks Mattias for ur point of view. Always intressting to hear how other algopals thinks 🙂
05/25/2021 at 1:13 PM #170369So after checking some strategies, I find myself looking for information about live trading. I was hoping for screenshots (on the product page) over a longer time period (at least 6 months) and also that it shows recent history (not some chosen months in 2020).
In reality, on the site there are those who highlight the system in real with the performance and ESPECIALLY the earnings for many months ….. but others only put graphs with written in real … but it is so simple to show how much they earn
These are examples I found on the site of how performances should be published.https://market.prorealcode.com/product/dow-jones-2h-trend-rev/
https://market.prorealcode.com/product/bollinger-breakout-and-reversal-strat/
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05/25/2021 at 1:20 PM #170372So after checking some strategies, I find myself looking for information about live trading. I was hoping for screenshots (on the product page) over a longer time period (at least 6 months) and also that it shows recent history (not some chosen months in 2020).
In reality, on the site there are those who highlight the system in real with the performance and ESPECIALLY the earnings for many months ….. but others only put graphs with written in real … but it is so simple to show how much they earn
These are examples I found on the site of how performances should be published.
https://market.prorealcode.com/product/dow-jones-2h-trend-rev/
https://market.prorealcode.com/product/bollinger-breakout-and-reversal-strat/
This kind of discussion is what im intressted in. Why u buy what.
Thanks for ur input Paolo.B05/25/2021 at 1:42 PM #170374Thanks Mattias for ur point of view. Always intressting to hear how other algopals thinks 🙂
To create successful algorithms is as we all probably know very difficult, and if I ever was going to buy one, I would at least want to see screenshots from live trading over a minimum of 6 months, preferable much more than that.
Mattias,
Say also for my own sake, how would you see that happening for real ? I am asking, because I myself would not have a decent answer to this;
As we all know, the smallest change may have drastic impact. And as we all also know, is that we improve infinitely (at least we’ll always try). So let’s have a few real world examples :
In attachment #1 you see the same Strategy still running as the one I pointed out in the post of the link in my previous post. No need to show the total result, because that FiFo shifts all the time anyway (maximum number of 1500 full trades reached so only the last 1500 trades weigh in – hopefully PRT will now solve this issue soon).
Why do I have this Strategy stull running since January 20, 2021 ? well, because I stopped development in the IB environment and hopped over to IG. In other words, that Paper account** has become useless, so I nicely let it run anyway.**): Do not underestimate what all can be faked or forgotten, like the trades you see in Attachment #1 not showing Brokerfees ad $60 per trade (because it is not possible to show them in that Detailed Report, while IB surely charges that $60 per trade).
The second example shows in attachment #2. And here are my remarks about that, ready for comments please :
- This is live. N.b.: this is with 5 times less investment as the IB-Paper I talked about above.
- This is only active for statistics since May 10 (see right-hand header); Why ?
- From of May 10 I had the idea that my IB version now properly worked in the IG environment. So for me this is a point of reset.
- You can clearly see that over the past weekend I changed things and the profits became higher and the trades longer.
- The profit you see (EUR 489) includes “spielerei”, or IOW losses on purpose for observing behaviour (Yes, I do that in Live). See the strange act in the 3rd attachment.
Moral : There is no single way that I would
a. Leave alone such a Strategy for 6 months or not even for e week when
b. I see improvements and thus apply changes.Ad b.: If I would not do that I would be stealing from my own money.
Ad a.: Would I make it to the Market Place, I would never ever be able to show something consistently from one Strategy, unless you would accept one week as that (advice : don’t).
So all I could do is show total results of auto trading, have vague stories around it like I just spouted above, and hope you would dig my spouting because it *is* for real. And please notice : only “quantities” as such would tell you the real story (like showing the complete list of gains and losses in such amounts that you can’t avoid that reality). Still, I would have no possibility to show a longer term subsequent result, just because I (like to) improve. OK, then it should show improvement over time, right ?
If someone has better idea on how to do this … I am all ear. Plus I deem it a nice discussion.
Peter05/25/2021 at 5:45 PM #170396tell me what the warning is? zilliq
you have some kind of weird assumption that does not fit at all, so tell me what you want to warn ppl about, really.
I préfer not to say more, because i don’t want to disturb some people.
But Just one little thing to think about : what a wonderful world it would be if these algos would have à 2 months trial to “pay” the amount they cost (when there is a license for life) or algos would be pay only if the algo win this month (when you rent the algo) 😉 strange it’s not possible …
Bye
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05/25/2021 at 6:27 PM #170398Both Pro Real Algos and CFD Auototrading provide trial weeks. My last rental was from CFD Autotrading and the first two weeks paid for the coming 6 months of all the algos.
Pro Real Algos offer trial periods regularly and CFD Autotrading still offers a two weeks trial period and backtest algos can be downloaded.2 months sounds like a long time but maybe the competition will make it a standard later on
05/25/2021 at 7:46 PM #170402Paulo B., thanks, those strategies actually showed live results, nice one.
PeterSt, nice posts!
My view about this is that I want to see live results from a longer running algo after the process you describe of improving your strategy. I totally understand the need to improve a strategy, but for me, if I have a working strategy running, I won’t interfere. I rather work on a new algo so I build up a portfolio.
I am fairly new to this game, I put my first algos live 11th November 2020. Now, 6 months later, I only have 5 running algos with real money.. My goal is to build a portfolio of around 15 algos, but it’s very difficult to get consist results, so it takes a lot of time. But on the other hand, the algos I have are getting a consistent outcome.
So if you should pay real money for buying/renting algos, I think live results from a longer period is a minimum in order to be in the marketplace. That’s my opinion. 🙂
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