Got a question for those who have developed profitable systems with the intention of selling the source code. How do you price a system? I'm trying to raise some capital to start trading again, and I'm willing to sell the source code for one of my crude oil trading algos. Looking to get about 50k.
I have forward trading, no backtesting stats for mid April - September 19th.
System trades price action patterns, doesn't rely on indicators for signals. Took a total of 278 trades, profit of 57,976.88 on 20k starting (3 contracts per trade), largest draw down was 2,800. It can be scaled up within reason. Written in C# for ninja, but can be converted to any platform or language.
Attached the stats for april-sept.
I have forward trading, no backtesting stats for mid April - September 19th.
System trades price action patterns, doesn't rely on indicators for signals. Took a total of 278 trades, profit of 57,976.88 on 20k starting (3 contracts per trade), largest draw down was 2,800. It can be scaled up within reason. Written in C# for ninja, but can be converted to any platform or language.
Attached the stats for april-sept.