Sell my algorithm

[trader221]

Is it just a stock trading system?
How good is your system? PnL% p.a.? MDD%?
Is it worth much? More than $5k?

Not only on future contracts.
I shot it on a small account with the micros contracts and in a year it went up 17.4 times. It would do the same dollar result regardless of account size (even with $100 million) but the advantage would be to run it across multiple accounts.

No Tonton, he is worth much more than $5k.

 

[trader221]

How much did they offer?

Something with an "m" at the end.

 

[trader221]

Why do they need the source code to test it? I would think that the executable code would be sufficient to perform a test.

I work with the Quantconnect cloud platform.
you need the source code of the program to run the algorithm. You cannot generate an executable.

 

[trader221]

Maybe you can build a single binary from the C# code that outputs signals/orders and add some time limit code that will make it will stop working after a certain future date.

That should be enough for them to be able to perform testing and evaluation of the system/strategy.

I work with the Quantconnect cloud platform.
you need the source code of the program to run the algorithm. You cannot generate an executable.

 

[trader221]

Just beware that C#/.NET assemblies are very easy to decompile by default... Run a good obfuscator on it.

Oh good. I didn't know that. Anyway thanks for the information. It is very useful for me.

 

[bln]

I work with the Quantconnect cloud platform.
you need the source code of the program to run the algorithm. You cannot generate an executable.

I know their platform, I have been using it on and off for years.

Algo logic code can be copy-and-paste into a stand alone C# project. Everything around the algo C# code is just infrastructure and infrastructure tooling, and all that can be implemented outside of their web platform.

 

[gkishot]

I know their platform, I have been using it on and off for years.

Algo logic code can be copy-and-paste into a stand alone C# project. Everything around the algo C# code is just infrastructure and infrastructure tooling, and all that can be implemented outside of their web platform.

But probably QuantConnect provides the data which you can't get from an independent app. I might be mistaken.

That begs the question for OP: how does the prop firm want to test it? What exactly do they ask from you?

 

[wmwmw]

I have a trading algorithm coded in C# in the Quantconnect platform.
an Prop firm wants to buy it from me but he wants to test it.
But to test it I would have to give them the source code.
I don't want to give away my source code of course.
Do you have a solution to offer me?

Set up a strategy at https://collective2.com.
If you can make it perform like you said, then in a year or 2, there will be a thousand firms asking you for sales.

 

[earth_imperator]

Not only on future contracts.
I shot it on a small account with the micros contracts and in a year it went up 17.4 times. It would do the same dollar result regardless of account size (even with $100 million) but the advantage would be to run it across multiple accounts.

No Tonton, he is worth much more than $5k.

Why do you sell such a good cash flow cow then?
Doesn't make sense, IMHO.
And how can you be sure about the safety & security of your source code residing at somewhere else (ie. Quantconnect) but on your own computer?
I simply don't get it...

 

[murray t turtle]

Yes, there are backtesting and forward testing but he still wants to test it.
He offered me a LOI but that has almost no legal value and that does not exclude the risk of seeing my source code plagiarized or stolen

%%
LOI= much better than nothing;
have you discerned if they are crooks or have character/proven??
IF its any good you should talk to a lawyer familiar with that field.
[NOt to be negative\ but for any public market; the public tends to discover it, with time.]
Poster # 18 has a good idea also.
Character > greater than collateral + capacity to pay.[CCC]