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hi nd. just curious as to whether rentasignal was still going. i couldnt get it to work so gave up with it a few weeks ago.
was just going thru the forum and remembered it. whats going on with it.
ill be ready to jump on board if it is up and runnining. since then nd i opened my own room on paltalk giving out signals. had a really good day today. made over 400 pips just today. i averaged 250 pips per day all this week.
i hope u managede to get ur rentasignal going as i would love to help ur readers make some pips from real signals nd. it would be pleasure for me.
You need to add a feature on the website for users to remove subscriptions. I was testing out the subscribe feature, and it works well, but now I want to remove them and I don't see a way to do that.
__________________
Life is a Gamble. You win some. You lose some. And life goes on.
This delete feature controlled by the seller needs to be set up correctly. This is a suggestion. Never charge in advance for a signal service. After the first 30 days then charge (always charge AFTER). This will then be a two fold policy. First everyone will get a 30 day trial. Second if a seller deletes right after he gets paid...he will only get paid for services rendered.
This is just a suggestion. How to automate this and make the maintanence of it I have not thought through. But you have several signal services all charging their subscriptions at different times (30 day basis, not calendar basis).
Another idea is to only activate the delete button for the seller when there are not any subscribers left for him. So that means he may not delete until he is clear of commitments. This idea is much easier to automate also. Rent a signal will still not have any control over the seller as far as him just getting the money and turning off his platform. You must escrow the funds for 30 day's, before disbursement.
ES
P.S. ND, As you and I have discussed earlier about the delete button (I wanted it also to delete my losing beta), else you need to control it (or your staff)....or more thought needs to be put into this. ND, You have a million dollar idea here and you can offer something totally unique. The other "signal aggregating services" do not offer what you are attempting. You have access to some of the best programmers in the business, that seemingly can do anything. I can imagine how much work is going into this. There is probably encryption and stability being written into the final stages of programming that will make Rent a signal safe and hack free. I can just imagine this beta stage has revealed what a huge undertaking this is.
Quote:
Originally Posted by Kenny Rogers
ND,
You need to add a feature on the website for users to remove subscriptions. I was testing out the subscribe feature, and it works well, but now I want to remove them and I don't see a way to do that.
Last edited by ElectricSavant; 10-25-2008 at 02:08 PM.
There is probably encryption and stability being written into the final stages of programming that will make Rent a signal safe and hack free.
That argument really doesnt stand up particularly well. Core elements of the project are based on MQL and are completely open to decompilation.
Unless the details of each and every signal are scrutinised against an independantly verified data feed, there is scope for abuse, and where there's scope for abuse, abuse will surely follow
MQL and metatrader are the weakest points of failure in the security of this system, which is precisely why noone who was serious about this undertaking would base a signals service on such dodgy technology
zupcon...see..i do not know what I am posting about. I must be more careful.
But how can a sellers EA be decompiled when he is broadcasting from his computer? are you suggesting that some hacker can go backwards through Rent a signal and come into his computer and get his EA then decompile it? and steal his code?
I do not expect you to reply to this post as you are not going to be able to educate me with just a reply...but is it possible to get the code of the seller?
ES
Quote:
Originally Posted by zupcon
That argument really doesnt stand up particularly well. Core elements of the project are based on MQL and are completely open to decompilation.
Unless the details of each and every signal are scrutinised against an independantly verified data feed, there is scope for abuse, and where there's scope for abuse, abuse will surely follow
MQL and metatrader are the weakest points of failure in the security of this system, which is precisely why noone who was serious about this undertaking would base a signals service on such dodgy technology
Last edited by ElectricSavant; 10-25-2008 at 10:21 PM.
But how can a sellers EA be decompiled when he is broadcasting from his computer? are you suggesting that some hacker can go backwards through Rent a signal and come into his coputer and get his Ea then decompile it? and steal his code?
ES
There's no danger of sellers EA's being decompiled, the only "danger" to the seller is that someone backward engineers aspects of the system, but that can happen with any sort of signals service.
If I where an unscrululous seller this is what I would do. I would decompile the EA that sends the signals, and Id modify it to knock a couple of pips off the true buy price, and add a couple of pips to the true sell price, giving me a slightly better entry than I in fact obtained. I'd screw a couple of pips on the exit as well . I'd also modify the time stamp on the order. Id also ensure any slippage was generally in my favour . Therefore the results being recorded and audited would not be a true reflection of my actual trades. Its surprising how many break even type systems perform so much better when you eliminate the spread LOL
When new digitals system gets confirmation of the trade some time later due to latency, the system has no idea if that signal was delayed due to real latency, or if the delay is due to tampering.
The problem with these sorts of systems is this, does the system simply "believe" the trade details being sent by the sellers EA (and if so, lend itself open to potential abuse) or does the system check every incoming signal against a data feed (which of course might differ slightly from the sellers data feed, and be subject to latency etc causing sellers to constantly question and complain entry and exit prices, and slippage etc)
These systems are certainly more suceptible to abuse if used for short term trades.
Of course, decompiling the EA would also provide details of the server and scrips being used to accept incoming trades, and whilst shoulnt be a concern if the system is secure, its a vunrability which might be exploited
Cllearly these types of frauds cant run indefinately, a system seller might be showing good gains, but if the subscribers cant achieve the same fills then they'll soon unsubscribe, however it could have the potential to undermine the credability of such a system.
If the system is geared towards longer term trades where a few pips here or there dont make much difference its not as much of an issue, but it still gives the unscrupulous seller a slight edge
Of course any competitor could save themselves some work by decompiling the EA's.
I just cant understand why any commercial project would use a product that could be decompiled with such ease
TY zupcon for spending this much time to explain. I realize you converted much to "plain speak" for my benefit. I must re-read your post a few times and have time to reflect to myself privatly. Hopefully some more posts will come from you and others.
ES
Quote:
Originally Posted by zupcon
There's no danger of sellers EA's being decompiled, the only "danger" to the seller is that someone backward engineers aspects of the system, but that can happen with any sort of signals service.
If I where an unscrululous seller this is what I would do. I would decompile the EA that sends the signals, and Id modify it to knock a couple of pips off the true buy price, and add a couple of pips to the true sell price, giving me a slightly better entry than I in fact obtained. I'd screw a couple of pips on the exit as well . I'd also modify the time stamp on the order. Id also ensure any slippage was generally in my favour . Therefore the results being recorded and audited would not be a true reflection of my actual trades. Its surprising how many break even type systems perform so much better when you eliminate the spread LOL
When new digitals system gets confirmation of the trade some time later due to latency, the system has no idea if that signal was delayed due to real latency, or if the delay is due to tampering.
The problem with these sorts of systems is this, does the system simply "believe" the trade details being sent by the sellers EA (and if so, lend itself open to potential abuse) or does the system check every incoming signal against a data feed (which of course might differ slightly from the sellers data feed, and be subject to latency etc causing sellers to constantly question and complain entry and exit prices, and slippage etc)
These systems are certainly more suceptible to abuse if used for short term trades.
Of course, decompiling the EA would also provide details of the server and scrips being used to accept incoming trades, and whilst shoulnt be a concern if the system is secure, its a vunrability which might be exploited
Cllearly these types of frauds cant run indefinately, a system seller might be showing good gains, but if the subscribers cant achieve the same fills then they'll soon unsubscribe, however it could have the potential to undermine the credability of such a system.
If the system is geared towards longer term trades where a few pips here or there dont make much difference its not as much of an issue, but it still gives the unscrupulous seller a slight edge
Of course any competitor could save themselves some work by decompiling the EA's.
I just cant understand why any commercial project would use a product that could be decompiled with such ease
Last edited by ElectricSavant; 10-25-2008 at 07:01 PM.
You understand my exact hesitation when I first heard the idea of RAS, even though it would be no problem for me to plug in my real system, and broadcast out to the internet all of my signals...I wanted to test out the security features and see how things are working...one of the main reasons I even took the time to join the beta testing. My first inclination was to not get involved. But I ultimately decided to test it out and see how things are moved around and try to help ND improve the whole system.
And I also make suggestions to protect the sellers, which is why I said that only buyer subscribers should be able to see the trade details, not the general public. This is to limit the amount of reverse engineering risk. Because for a successful trader, the risk of getting their strategy picked clean is not worth a monthly subscription. I also made some comments about trades that were entered or closed while there was no connection to RAS, and ask how that was handled. Still a lot of questions to be asked.
Overall, I'm pretty impressed with the ease of the whole system so far. And I can see the appeal of it as a buyer. For the seller, I guess it would be a small supplement to their income, but it depends how successful your system is. The seller needs to weigh the risk vs. reward.
__________________
Life is a Gamble. You win some. You lose some. And life goes on.
. I'd also modify the time stamp on the order. Id also ensure any slippage was generally in my favour 
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