Protecting IP when working with 3rd-party developer to automate

[kandlekid]

In OOP, you have encapsulation and information hiding. If you can get the developer to write and test the individual the parts of the strategy, perhaps you can put them together, thereby maintaining your IP. You essentially have the developer create you a toolkit of strategy functions, and you use them in your strategy.

 

[HowardCohodas]

Quote from earlyexit:

Talking about protecting IP... Anything and everything you create on Prodigio is kept on their servers. They have complete access to whatever you create.

Not exactly a good way to keep your super-winning strats to yourself.

I was really into Prodigio and spent weeks and months working with it. In the end, I felt it wasn't worth it. Didn't like the idea of having my strats in their control and feeding Citadel even more $$..

With all the users and all the strategies undergoing rapid development, I find it unlikely that the "system" will identify and exploit them. Turning a strategy into a robot increases the chances of being spotted. I still believe that hiding in plain sight works well, even with computers monitoring what I am doing.
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[RedEyeFly]

Quote from HowardCohodas:

The successful systems that I have developed have both proprietary logic and proprietary settings for the parameters. It is hard to protect the logic with your approach.

Same here. Besides with today's computers, it wouldn't take long for a computer wiz to quickly work up a batch of parameters nearly the same as the best possible for whatever parameter combo is out there.