Fairly compare 2 different EAs. How about 1000 different EAs? - page 9

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Lorentzos Roussos #:

We need an mqlstarter 

You’re right))

In fact very brilliant idea!

Taking it step further - could even explore an independent "FX Market" platform, specifically to avoid direct MQ ties/regulatory risks.

MQ may either resist this or lead it - but the community need is clearly there.

 
Oleksandr Medviediev #:

You’re right))

In fact very brilliant idea!

Taking it step further - could even explore an independent "FX Market" platform, specifically to avoid direct MQ ties/regulatory risks.

MQ may either resist this or lead it - but the community need is clearly there.

they could do it here . like a reverse freelance section . Some do it already 

 
Lorentzos Roussos #:

they could do it here . like a reverse freelance section . Some do it already 

You must have missed earlier in the discussion, in short - if MQ stepped in too far, they'd risk regulatory entanglement (MiFID-style risks, which in fact makes this thread very controversial).

In our all interest - is to avoid this by all means.

 
Oleksandr Medviediev #:

You must have missed earlier in the discussion, in short - if MQ stepped in too far, they'd risk regulatory entanglement (MiFID-style risks, which in fact makes this thread very controversial).

In our all interest - is to avoid this by all means.

yeah i agree . if we keep complaining they will just shut the market down.We need them , they don't need us.

but for that specific service they could be the escrow service . Like you post i want to create an AI that trades elliot waves , and instead of getting people to code it you get funds that show interest in the outcome . If you reach a threshold you build it , if not the funds are returned to the supporters . Like kick starter

 
Lorentzos Roussos #:

yeah i agree . if we keep complaining they will just shut the market down.We need them , they don't need us.

but for that specific service they could be the escrow service . Like you post i want to create an AI that trades elliot waves , and instead of getting people to code it you get funds that show interest in the outcome . If you reach a threshold you build it , if not the funds are returned to the supporters . Like kick starter

Need to keep realistic

  1. MQ currently has neither the infrastructure nor motivation to act as a Kickstarter-like escrow, correct?
  2. There are also serious regulatory/trust issues, especially with financial software, correct?
  3. It assumes many people are willing to risk funds upfront before seeing any product, correct?

Last but not least - how would the IP behind the ideas be protected?

 
Oleksandr Medviediev #:

Need to keep realistic

  1. MQ currently has neither the infrastructure nor motivation to act as a Kickstarter-like escrow, correct?
  2. There are also serious regulatory/trust issues, especially with financial software, correct?
  3. It assumes many people are willing to risk funds upfront before seeing any product, correct?

Last but not least - how would the IP behind the ideas be protected?

the ip is in the execution of the idea.

but you mean with just ideas floating in the offers there is no way to pick who is able to do it. yeah true

 
Oleksandr Medviediev #:
MQ currently [does not have the]... motivation to act as a Kickstarter-like escrow, correct?

Correct. Again, I believe that MQ has the Market that they want.

Oleksandr Medviediev #:
There are also serious regulatory/trust issues, especially with financial software, correct?

Proper legal structuring presents a bit of a challenge. Crowdfunder rewards can't be linked to trading profits. At least under U.S. laws and regulations, it's ok if a crowdfunder contributes X amount, and the platform contractually agrees to pay a fixed Y amount contingent upon the project being completed in the future. In this way, the reward is based on the logic contributed and is not a profit commission. (On the backend, unprofitable EA's would simply be deemed incomplete). Appropriate legal disclaimers would be inserted as they are on virtually every trading software website. U.S. law is generally the most restrictive law in the world, so...

Oleksandr Medviediev #:
It assumes many people are willing to risk funds upfront before seeing any product, correct?

Correct. If the product exists and is advertised with trade history, then this is basically an EA sales website. These are already a-dime-a-dozen on the web.

Oleksandr Medviediev #:
Last but not least - how would the IP behind the ideas be protected?

MetaEditor supports Cloud encryption on top of the regular compiler encryption. Individual ex5 files can also be protected by hard coding the trader's name (account name) and/or account number into the source code pre-compilation.

 
I think some of the comments here come from the assumption that MetaQuotes is doing very little or ignoring good ideas from the community. But that’s not really how it works.

People often forget that MetaQuotes is not just MetaTrader and this website. They manage a wide range of software and services, not to mention constant maintenance, bug fixes, broker support, platform security, infrastructure, and adapting to legal and market changes. All of that happens in the background, every single day.

A company operating at this level can’t just jump into every interesting idea. Even something that seems simple on paper, like a Kickstarter-style funding system, involves legal challenges, financial handling, user protection, platform adjustments, and a lot of responsibility.

It’s good to suggest ideas, and this one is definitely worth exploring. But assuming MQ is inactive or slow just because you don’t see visible changes ignores the scale and complexity of what’s already being handled.

Examples:

And I could go on, but I think that gives you an idea (I'm leaving out software like: https://www.tradays.com/, etc.).

Very personal opinion: Criticism is fine... but when it becomes a habit and often out of ignorance, as we say in Spain: If you think you can do better, just do it; let everyone run their business as they want.
 
Ryan L Johnson #:

Correct. Again, I believe that MQ has the Market that they want.

Proper legal structuring presents a bit of a challenge. Crowdfunder rewards can't be linked to trading profits. At least under U.S. laws and regulations, it's ok if a crowdfunder contributes X amount, and the platform contractually agrees to pay a fixed Y amount contingent upon the project being completed in the future. In this way, the reward is based on the logic contributed and is not a profit commission. (On the backend, unprofitable EA's would simply be deemed incomplete). Appropriate legal disclaimers would be inserted as they are on virtually every trading software website. U.S. law is generally the most restrictive law in the world, so...

Correct. If the product exists and is advertised with trade history, then this is basically an EA sales website. These are already a-dime-a-dozen on the web.

MetaEditor supports Cloud encryption on top of the regular compiler encryption. Individual ex5 files can also be protected by hard coding the trader's name (account name) and/or account number into the source code pre-compilation.

Miguel Angel Vico Alba #:
I think some of the comments here come from the assumption that MetaQuotes is doing very little or ignoring good ideas from the community. But that’s not really how it works.

People often forget that MetaQuotes is not just MetaTrader and this website. They manage a wide range of software and services, not to mention constant maintenance, bug fixes, broker support, platform security, infrastructure, and adapting to legal and market changes. All of that happens in the background, every single day.

A company operating at this level can’t just jump into every interesting idea. Even something that seems simple on paper, like a Kickstarter-style funding system, involves legal challenges, financial handling, user protection, platform adjustments, and a lot of responsibility.

It’s good to suggest ideas, and this one is definitely worth exploring. But assuming MQ is inactive or slow just because you don’t see visible changes ignores the scale and complexity of what’s already being handled.

Examples:

And I could go on, but I think that gives you an idea (I'm leaving out software like: https://www.tradays.com/, etc.).

Very personal opinion: Criticism is fine... but when it becomes a habit and often out of ignorance, as we say in Spain: If you think you can do better, just do it; let everyone run their business as they want.

good points

 
Ryan L Johnson #:
Proper legal structuring presents a bit of a challenge. Crowdfunder rewards can't be linked to trading profits. At least under U.S. laws and regulations, it's ok if a crowdfunder contributes X amount, and the platform contractually agrees to pay a fixed Y amount contingent upon the project being completed in the future. In this way, the reward is based on the logic contributed and is not a profit commission. (On the backend, unprofitable EA's would simply be deemed incomplete). Appropriate legal disclaimers would be inserted as they are on virtually every trading software website. U.S. law is generally the most restrictive law in the world, so...
The legal workaround you outlined is intriguing and worth exploring further (potentially workable).
Oleksandr Medviediev #:
Last but not least - how would the IP behind the ideas be protected?
Just to clarify - by "IP" I meant Intellectual Property (ownership of the underlying idea + code), not just protection of compiled files. Encryption helps with distribution control, but doesn’t fully address idea theft or replication risks.
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