Discussion of article "How to make $1,000,000 off algorithmic trading? Use MQL5.com services!" - page 2
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
I have notifications on my phone from MT when products are published in the market. So every day I scroll through about 30 new products.
How much is that per month and per year. Total on the way out the percentage of those who actually earn a lot on sales of their products is not that big. And whether there is even 1% is also a question)
But it was very interesting to read, inspiring. I would also like to see in the context of Expert Advisors / indicators, what is the ratio of top sellers.
And this question is very relevant, because, as it seems to me (but I may be wrong), sales are falling sharply now due to the economic crisis, pandemic, political turbulence.
I can't even remember which year was a non-crisis year. Apparently this is a special stimulant to the world economy. But it's just the opposite. In the midst of a crisis, the interest in financial markets by everyday people increases. But since the growth of new products is really high, the struggle is for internal competition.
MT4/MT5 is somewhere around 50/50 right now. It is very bad that MT5 robots, which cannot work in MT4 due to the limitations of the quadruple, lose half of their sales.
Therefore, it is logical to show MT5 robots in MT4-Terminal in the Market section as well. With the offer to upgrade the trading platform.
And the question is extremely relevant, because it seems to me (but I may be wrong) that sales are plummeting right now due to the economic crisis, pandemic, and political turbulence.
On the contrary, gambling is thriving in a crisis.
Question for sellers.
How important is it for buyers to have the robot backtested? For how long?
It is clear that it is not a difficult task to write a tester grail (on data before the last robot update) on real ticks. But that's not the point, it's about the customers. How important is it for them?
On the contrary, gambling is thriving in a crisis.
Question for the sellers.
How important is it for buyers to have the robot backtested? How long does it take?
It is clear that it is not a difficult task to write a tester grail (on data before the last robot update) on real ticks. But that's not the point, it's about the customers. How important is it for them?
In my memory, two bots (that I monitored) have shot up in sales without monitoring. Both of them had bactest around 20 years and less than 30% drawdown with almost doubling in a year with a fixed lot.
However, in EA sales - the main thing is monitoring + bactest for 5 years at least. As soon as monitoring shows 2-3 months of profit, sales go up.
A cunning seller keeps several robots/sets on his VPS. As soon as the monitoring shows profit, an Expert Advisor and a public monitor are released. Sales go on as long as the monitoring is plus.
These are just my observations on a small sample of EAs.
Other EAs sell because they have a promoted community on their website/blog/group. There they give a link to the product.
Plus all sorts of incentives (discounts, gifts, access to a closed group, etc.).
However, in the sales of the advisor - the main thing is monitoring + baktest for 5 years at least.
Thanks for the information! I have never backtested anything for more than two years. I'm almost sure that my EAs would fail on such an interval.
Or is it more important to have default settings that "hold"? Since I see that set files are given out by the authors to suit current realities. It is unlikely that these sets are created so that they also hold the previous few years....
I didn't open it for a long time, I thought it was flooding.
As an advertisement it may not be too bad, but as a reasonable material for use not so much.
Paradox, a beginner cannot write a stable TS, and for non-beginners the article is more for raising the mood).