Would you ever lease your indicator?

This is a really good question. I've spent thousands of hours developing my methodology, and while it certainly isn't all about an indicator, the pride of place is occupied by a single indicator that is, in my experience, superior to anything I've encountered ... well, anywhere.

Would I lease or sell it? Theoretically, no -- for the obvious reasons someone mentioned. But I spent so much time and $$$ developing and refining this sucker, and the resources I've been left with are so modest, that I'll admit I've been tempted to go for a little fast liquidity.

But, in the end, I'll probably to continue just quietly trading the sucker. I didn't go this distance just to become a vendor.
 
Quote from El Guapo:


You came up with an indicator that is very capable, but not perfect, and works on all markets and in all time frames. It is simple to setup and use, is completley different than all the canned indicators currently available, works most of the time to indicate direction and produces accurate buy/sell signals MOST of the time (but not always).

Would you ever share it by leasing it to the general public. I mean, come on, why would ANYONE do this? What is the purpose of getting involved with the general public, all the hassles and BS.

It doesn't make sense and NEVER will.

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Eventually someone will figure out the indicator, and often times, the masses with have it for free. Dealing with the public can be a huge pain in the rump, if you are trading well, why mess with this. Of course like so many vendors who won't post their brokerage statements, it might be their only form of income. Unless the fee per year will pay for a Ferrari, what's the point?
 
Quote from El Guapo:

This has probably been discussed 100's of times here, but its always something that continues to come up.

Lets say you, and your finacially savvy colleagues have a combined experience of over twenty years of trading, quant and statistical analysis, prime brokerage, connection to wall street insiders and large hedge funds, etc.

Through blood, sweat and tears...trial and error...1000's of backtests, 100's of redesigns, modifications and tweaking. Countless hours of research and study, conversations with well connected insiders, and on and on...

You came up with an indicator that is very capable, but not perfect, and works on all markets and in all time frames. It is simple to setup and use, is completley different than all the canned indicators currently available, works most of the time to indicate direction and produces accurate buy/sell signals MOST of the time (but not always).

Would you ever share it by leasing it to the general public. I mean, come on, why would ANYONE do this? What is the purpose of getting involved with the general public, all the hassles and BS.

It doesn't make sense and NEVER will.

If such a tool/indicator does exist, and it actually may, you'll never be offered to lease it for any amount. Greed rules and always will. There is NO reason to lease/sell anything that has a high percentage of accuracy trading any instrument.

Ok, stepping off soap box. Have a nice day.
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+1 billion.
 
Quote from kut2k2:

What about vendors selling blackbox indicators? Selling something that works and disclosing the inner workings aren't the same thing. I look at all the clowns claiming to have reverse engineered the Jurik moving average and I laugh. I can tell from my own research into adaptive smoothers that what the "reversers" are posting is sheer garbage. The general trading public already has access to high quality indicators, but most are either too cheap to pay for them or too ignorant to figure out what to do with them.
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+1
 
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