How to protect your ideas from coders ?

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Hi everyone

Im asking myself for a very long time how can a person like myself that can have a really good strategy and that same person has no experience in coding and he needs a coder to make that super EA or Indicator but

he is afraid the coder might steal the developer idea.

How can that person protects himself from something like that happen.

Is it possible to have the coder sign a NDA (Non-disclosure agreement) ?

Any ideas are welcomed.

Cheers

Serge

edited for because of some confusion.

 
“How can a developer like myself” and “he has no experience in coding” are contradictory terms.
 

oh sorry,  english is not my first language , when i mean a developer i mean by that the person that has the idea only with no coding experience.

Hope it helps.

 
Serge Tremblay: Im asking myself for a very long time how can a person like myself that can have a really good strategy and that same person has no experience in coding and he needs a coder to make that super EA or Indicator but he is afraid the coder might steal the developer idea. How can that person protects himself from something like that happen. Is it possible to have the coder sign a NDA (Non-disclosure agreement) ? Any ideas are welcomed.

NDAs are absolutely useless in this kind of Freelance environment.

If you want a trustworthy business arrangement, where an NDA will have weight, then find a programmer with-whom you can meet physically in your lawyer's office, but be prepared to pay a hefty price for that benefit.

 
Serge Tremblay:

Hi everyone

Im asking myself for a very long time how can a person like myself that can have a really good strategy and that same person has no experience in coding and he needs a coder to make that super EA or Indicator but

he is afraid the coder might steal the developer idea.

- You can use old style. find a developer in a long relation and be close friend. this needs time and sources for very first steps.

- Better to learn codding (needs time too)

- Learn codding but its minimum requirements. try to understand functions. then you can ask different developers to code parts of your idea as functions. Finally you will need to know how to gather them in single file. it is possible as I had customers with function orders that some of them are traders with very low codding knowledge.

 
I would say just don't automate. Keep it to yourself and make money.
 
Serge Tremblay:

Hi everyone

Im asking myself for a very long time how can a person like myself that can have a really good strategy and that same person has no experience in coding and he needs a coder to make that super EA or Indicator but

he is afraid the coder might steal the developer idea.

How can that person protects himself from something like that happen.

Is it possible to have the coder sign a NDA (Non-disclosure agreement) ?

Any ideas are welcomed.

Cheers

Serge

edited for because of some confusion.

The best way to protect idea is by changing parameter and giving wrong parameter to coder and asking to add those parameter as input.

For example my secret of strategy is 4.236 level of fibonacci. I ask coder to add this input parameter and add 1.618 level, when i get finished code, i change back to 4.236 and makes $$$ while developer if attempts to steal my idea he only loses money. In this way the only disadvantage is you will not get developer help in backtest / forward test. All have to be done by you.

 
Arpit T #:

The best way to protect idea is by changing parameter and giving wrong parameter to coder and asking to add those parameter as input.

For example my secret of strategy is 4.236 level of fibonacci. I ask coder to add this input parameter and add 1.618 level, when i get finished code, i change back to 4.236 and makes $$$ while developer if attempts to steal my idea he only loses money. In this way the only disadvantage is you will not get developer help in backtest / forward test. All have to be done by you.

:D come on!

there is a fact named optimization!! 

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