Forex
Google
New signals service!

Go Back   Forex Trading > Downloads > Expert Advisors - Metatrader 4


Register in Forex TSD!
Trading Systems Leaders in this forum (automated trading systems) are winning more than 3000 pips in a month (30000$ investing one lot every time).
Click here to register and get more information

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 10-28-2006, 01:38 AM
Senior Member
 
Join Date: Oct 2006
Posts: 175
FXBabe is on a distinguished road
$x per month.

Hi,
I'm thinking of selling my strategy. Ive backtested it with 90% modelling quality and gives return of 350% without compounding and the equity curve is a very smooth one. Now I want to charge $x per month for its use. I would like to know what code do I put in the expert so that it will stop functioning after 30 days? so basically put a timer on the expert , 30 days from the first trade it took.
Thanks
Regards
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #2 (permalink)  
Old 10-28-2006, 01:51 AM
Member
 
Join Date: Dec 2005
Posts: 55
JJLL is on a distinguished road
Have you done any forward testing?

I have a number of EA's that do very well over a 2 year backtest with a 90% modelling quality but once they go live, the actual statistics change a bit.

I too would like to know the code that you're looking for but before you decide to sell, do some forward testing for a few months
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #3 (permalink)  
Old 10-28-2006, 05:26 AM
lowphat's Avatar
Senior Member
 
Join Date: Sep 2005
Posts: 199
lowphat is on a distinguished road
Code:
  {
   string expire_date = "2007.10.22"; 
   datetime expirevar = StrToTime(expire_date); 
   
   if ( CurTime() >= expirevar )
   {
      Alert ("The trial version has been expired!"); 
      return(0);
   }
   // code
   return(0);
  }

may wanna run it on a real account before you risk other peoples money.

even a realtime demo can be different
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #4 (permalink)  
Old 10-28-2006, 10:29 AM
Senior Member
 
Join Date: Oct 2006
Posts: 175
FXBabe is on a distinguished road
thanks.
im going to forward test it on demo and with real money before I sell it.
Will let u guys know how its going.

FXbabe
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #5 (permalink)  
Old 10-28-2006, 11:05 AM
xxDavidxSxx's Avatar
Senior Member
 
Join Date: Jul 2006
Posts: 745
xxDavidxSxx is on a distinguished road
Ok you knew it was comming. So I'll be the first to ask what every one esle will be dieing to know

If your AE is so good, with such a smooth nice equity curve, then why do you feel the need to charge per month, or even charge money for it at all?
Why do you feel the need to make money off of people like us? You cann't be satisfied with making your riches off of the market?

Ok mabe you don't have the capital to get started. Why not charge a low 1 time fee to get some funds to get yourself started with it? Why do you want to keep people sending you money each month? I know....steady income each month right? Won't the EA provide that? And (God forbid) what if you die or become some other way unavailable to keep supplying your customers witha new monthly version in a couple of years?
Lets say 100 people start renting your EA, and it is good. And people start to depend on it for supporting there families. 2 years later something happens to you and now there stuck like chuck, with a worthless ex file and bills piling up and little Suzie or John Jr. just started school, in the new school district that they just bought there brand new 500k$ home in with the money generated from your EA?????

But what do you care because something happened to you. Or mabe your just off in the Bahama's and decided to not supply any more.
You will not live forever and mabe my grand kids want to keep making money with it. Are your grand kids gonna supply it?

All hypothetical situations and you might think I am being stupid. Or am I?

Not to mention there are lots of people that can decompile an ex file any ways so whats the point?

If you gotta charge, just make it a one time fee. Makes alot more sence in the long run.

Thats my 2 pips

Dave
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #6 (permalink)  
Old 10-28-2006, 02:49 PM
Nekronfx's Avatar
Member
 
Join Date: Dec 2005
Posts: 53
Nekronfx is on a distinguished road
Hi Fxbabe, your strategy.ex4 files can be decompiled(cracked). Don't sell your strategy, use it.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #7 (permalink)  
Old 10-28-2006, 06:09 PM
Senior Member
 
Join Date: Sep 2006
Location: SoCal
Posts: 205
YupYup is on a distinguished road
Quote:
Originally Posted by xxDavidxSxx
Ok you knew it was comming. So I'll be the first to ask what every one esle will be dieing to know

If your AE is so good, with such a smooth nice equity curve, then why do you feel the need to charge per month, or even charge money for it at all?
Why do you feel the need to make money off of people like us? You cann't be satisfied with making your riches off of the market?

Ok mabe you don't have the capital to get started. Why not charge a low 1 time fee to get some funds to get yourself started with it? Why do you want to keep people sending you money each month? I know....steady income each month right? Won't the EA provide that? And (God forbid) what if you die or become some other way unavailable to keep supplying your customers witha new monthly version in a couple of years?
Lets say 100 people start renting your EA, and it is good. And people start to depend on it for supporting there families. 2 years later something happens to you and now there stuck like chuck, with a worthless ex file and bills piling up and little Suzie or John Jr. just started school, in the new school district that they just bought there brand new 500k$ home in with the money generated from your EA????? hahahaha.... could happen

But what do you care because something happened to you. Or mabe your just off in the Bahama's and decided to not supply any more.
You will not live forever and mabe my grand kids want to keep making money with it. Are your grand kids gonna supply it?

All hypothetical situations and you might think I am being stupid. Or am I?

Not to mention there are lots of people that can decompile an ex file any ways so whats the point? < Good point!!

If you gotta charge, just make it a one time fee. Makes alot more sence in the long run.

Thats my 2 pips

Dave
Some good questions and points made.
__________________
Cheers,

B
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #8 (permalink)  
Old 10-28-2006, 09:26 PM
Junior Member
 
Join Date: Mar 2006
Posts: 15
jhanley is on a distinguished road
It's a worthless effort to try and protect your EA. Within one
day of leasing it someone will have decompiled it anyway.
As has been said better to charge a one time fee. Then at least
those involved will probably work together and be disinclined to
decompile it and share it with the world. Well I should say disinclined
to share it. They will decompile it for their own safety anyway.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #9 (permalink)  
Old 10-28-2006, 09:42 PM
lowphat's Avatar
Senior Member
 
Join Date: Sep 2005
Posts: 199
lowphat is on a distinguished road
Im working on a server that will use a mt4 expert and send trading signals via the internet to a client with mt4 or mt3. that way anyone can demo your logics and easly give a free trials without exposing your code. im still a fairly new coder so its taking me awhile tho :/
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #10 (permalink)  
Old 10-29-2006, 10:52 PM
Member
 
Join Date: Dec 2005
Posts: 57
LazyForex is on a distinguished road
Quote:
Originally Posted by FXBabe
Hi,
I'm thinking of selling my strategy. Ive backtested it with 90% modelling quality and gives return of 350% without compounding and the equity curve is a very smooth one. Now I want to charge $x per month for its use. I would like to know what code do I put in the expert so that it will stop functioning after 30 days? so basically put a timer on the expert , 30 days from the first trade it took.
Thanks
Regards
You wrote it yourself?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Is 10% a month avg doable withn an EA? rp0029 Expert Advisors - Metatrader 4 3 02-26-2007 02:20 AM
$41000 in a month forextrend Metatrader 4 76 05-14-2006 01:50 PM


All times are GMT. The time now is 04:24 PM.



Search Engine Friendly URLs by vBSEO 3.2.0 ©2008, Crawlability, Inc.