I am in favour of not passing off converted indicators as my own - page 6
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As they say all new is long forgotten old. I have not seen good indicators for a long time, almost all indicators are being redesigned, I can find more than 100 varieties of RSI on the Internet, although they are the same RSI, they just have arrows, lines, etc. This applies not only to the RSI but also to most basic indicators, if not all.
I want to see new calculating indicators in MT5 and MT4, I mean, has anyone seen such indicators?
I am more than sure that there are no such indicators.
I would like to say to the developers, Stop stealing others' ideas and start writing your own indicators . I would like to say to the developers, not to rework the old ones. And most traders will agree with me.
And do you know a way to make it stop?
As they say all new is long forgotten old. I have not seen good indicators for a long time, almost all indicators are being redesigned, for example I can find more than 100 varieties of RSI on the Internet, although it is the same RSI, just arrows, lines, etc. This applies not only to the RSI but also to most basic indicators, if not all.
I want to see new calculating indicators in MT5 and MT4, I mean, has anyone seen such indicators?
I am more than sure that there are no such indicators.
And I want to tell the developers, As for the brochure, you should refer to the brochure itself. I would like to say to the developers, not to rework the old ones. And most traders will agree with me.
I've read the article from cover to cover and have not read anything constructive. I am interested in this topic because I am a self-taught programmer and all the tools I use are self-written or remade by myself. I periodically see market jobs that are not even altered but simply changed the name of the indenture and sold. So it was with one of my work, that there is no counterparts it is sure and it has been distributed in a narrow circle of people as a beta version with the expectation that someone might suggest something clever on the finalization . For those who gave can vouch for that but apparently someone "not good" for not careful got into the hands and......The interesting thing is that people are willing to pay money for it (too lazy to try on the internet because there they are freely available). I have always resorted to it, it allows you to quickly create an indicator with narrowly defined parameters. It's handy, and the radio engineering theme is close to me. I wanted to use this method myself, but lack of experience I didn't know how to do it.
Generally the topic raised by the topicstarter is a strange one, which applies (oddly enough) more to traders than to coders.
Regarding coders, these cases are sort of settled/explained by software ethics (not to rename the source indicator, especially calling it by your nickname, not to borrow large parts of code from your fellow coder without declaration/permission, etc.).
And there may be more complaints to traders on this subject -
So here the top starter correctly outlined the problem, but in essence - turned it to the wrong people.
New people come into forex and the financial market, sometimes they just make an alert on someone else's indicator (or just a comment on a chart), rename the indicator to their own - and it's already considered as their indicator .... They don't understand coder ethics (they are not coders) ... No explanation is valid ...
As for trading systems, they have no effect ... They attach foreign indicators to the chart at weekends, "prove" the rules theoretically - and that's it - it's their trading system. If you do not know the rules, you cannot be sure of the correctness of their trading. because it's my system... using my system..."... exactly like that... with capital letters... and then sell it...
In short ..:
Why should I re-invent the wheel and write my own calculation for moving or RSI when I can use a ready-made one? But the idea of creating tools that simplify the trader's work is still an open question. I completely agree about the strategies. I do not miss any new or "profitable" strategy, I just write a simple "robot" and watch it. So I can say for sure 98% of them are der..... . I even wrote a special add-on for MT4 tester, that allows you to test strategies that use several TFs (like "three screens.....") I do not feel sorry for them, let them do it (I know that often the remake is only to make it convenient for your own perception) but when they present it as their own and even try to make money out of it it hurts.
New people come into forex and the financial market, sometimes they just make an alert on someone else's indicator (or just a comment on a chart), rename the indicator to their own - and it's already considered as their indicator .... They don't understand coder ethics (they are not coders) ... No explanation is valid ...
As for trading systems, they have no effect ... They attach foreign indicators to the chart at weekends, "prove" the rules theoretically - and that's it - it's their trading system. If you do not know the rules, you cannot be sure of the correctness of their trading. because it's my system... using my system..."... exactly like that... with capital letters... and then sell it...
In short ..:
I have a similar story, and what a story! I did a big research in 2009 and I wrote a whole set of indicators and scripts that implements trades on CFTC reports. If you are not familiar with this subject, type 'cftc' into the search engine and my article will tell you about it. All the programs included in the project were and still are completely free and free of charge. Anyone can download the source codes, compile them and get ready-to-use indicators. However, not so long ago I got a link to the resource where my* indicators are sold for money(!), or rather for a monthly subscription fee of 5 euros! Well! On the one hand it's nice to know that the work I have done once was so epochal that even small "businessmen" started to use it. On the other hand I haven't laid it out in source code, so that later someone could make money out of it.
* Mine in the sense of implementation, but the idea belongs to Larry Willmäms, which is repeatedly mentioned in my work.
I have a similar story and what a story it is! I did a lot of research in 2009 and I wrote a whole set of indicators and scripts that implement trading on CFTC reports. If you're not familiar with this subject, type 'cftc' into the search engine and my article will tell you about it. All the programs included in the project were and still are completely free and free of charge. Anyone can download the source codes, compile them and get ready-to-use indicators. However, not so long ago I got a link to the resource where my* indicators are sold for money(!), or rather for a monthly subscription fee of 5 euros! Well! On the one hand it's nice to know that the work I have done once was so epochal that even small "businessmen" started to use it. On the other hand I haven't laid it out in source code, so that later someone could make money out of it.
* Mine in the sense of implementation, but the idea belongs to Larry Wilmyams, which is repeatedly mentioned in my work.
Here you are proud that your work is used, but I have seen such a picture:
A few years ago, in my opinion, on the site MQL4one of the traders published an EA about trading in the channel, the basis of which was the well-known indicator "SHI_Channel" whose code was built into the robot. The author of the indicator wrote a comment on this work that I was surprised when I've read it to the end and saw no outright insults or something worse. Although the work (indicator) was in the public domain and open source. Unfortunately I kept silent at the time that the same time on one of the foreign sites it openly sold and seemed to me at a very reasonable price of 120-210 USD. (There were two versions with minordifferences). The site was organized specifically to sell the strategy and everything that came with it. The heart of this strategy was "SHI_Channel", of course renamed, with minor changes and the same flaws (in my opinion) and in closed code with a binding to a specific account.
That's how to deal with such situations. It is useless to prove to someone that it is yours and you do not agree with the sale of the work.
I did the following in a similar situation. I shot a video clip about the turkey and uploaded it onYou Tube where in addition to the "advertising" I told where you can download it without paying. My work thus disappeared from the market. True, I am "good" myself I had to rename my work to the name the pirates came up with.
No, don't get me wrong. I'm all for free distribution. Iremember how it helped me when I myself started studying FOREX andmq4programming. I learned to take apart somebody else's work and change something for myself.
"Iwill give all my work to good people but don't try to get rich at my expense!!!!!!
And I want to tell the developers, Stop stealing other people's ideas and start writing your own indicators not to rework the old ones. And most traders would agree with me.
So you propose to go all the way the way of the Armenian Komsomol?
Why reinvent the wheel?
It was invented long ago!
But to change tyres, rims, saddle, etc...
and then you get results in sport...
Zy. my opinion...imho.