OmniVest Forum OmniVest Forum
forums calendars search
today this week
 
register logon control panel Forum Rules
You are currently browsing as a guest.
You should logon to access more features
A Self-Moderated Community - ALL MEMBERS, PLEASE READ!
Vote for Members who contribute the most to your trading, and help us moderate content within the Forums.


Only Forum Moderators, Administrators, and the owner of this message may delete it.

 
Jim Dean

Elite
10002525
Posts: 1059

Joined: 10/11/2012
Location: L'ville, GA

User Profile
 
Subject : RE: Proprietary Strategies
Posted : 1/6/2015 7:21 PM
Post #34748 - In reply to #34747

Hi, Juan:

What you've described is the guts of what Elite Trader is supposed to do.

Basically, ET has two functional aspects:
1. The ability to upload an OT strategy into OV, to use as a System in OT.
2. The OV "subscription engine" that allows OV users to access that System

I agree with you that #1 is hugely valuable, all by itself, for those of us who want to make OV "systems" more robust, using OT development tools. My guess is that it would not be very hard for N to do, since that's what they've been doing all along to create their own systems.

BUT ... just doing #1 would not create any additional income for N, and would add extra work (potentially a lot of extra work) for the CPU to do, if people started loading a large number of custom systems. I doubt that anyone wants to pay extra, on top of what we've already paid for Pro, just to run their own systems. So, my guess is that the ET release is awaiting the development of #2, which requires a lot of website programming and a big iceberg of accounting processing, to manage the fees for the subscribers and the quarterly checks to the authors. Once that's ready, then N can get income from their 30% of the subscription fees, to pay for the entire thing.

So ... I join with you in a request for #1 prior to #2 ... but my guess is that it will have to wait due to the economics.
Deleting message 34748 : RE: Proprietary Strategies


Nirvana Systems
For any problems or issues please contact our Webmaster at webmaster@nirvsys.com.