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Elite only for ALL downloads?
Started:September 2nd, 2011 (07:08 AM) by Big Mike Views / Replies:48,363 / 524
Last Reply:September 10th, 2011 (02:54 PM) Attachments:0

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Elite only for ALL downloads?

Old September 5th, 2011, 11:11 PM   #351 (permalink)
Trading Apprentice
Denver, Colorado, USA
Futures Experience: Intermediate
Platform: Ninjatrader
Broker/Data: Kinetick
Favorite Futures: Forex
Posts: 36 since Aug 2011
Thanks: 6 given, 15 received

mmaker View Post
Indicators alone will not make a potential trader successful.

However, having done my share of programming and tweaking indicators I downloaded from here and the ninja site I can deeply appreciate the long hours it sometimes takes to express oneself in C#.

So when I saw someone collect information here for over a year and then open her own website selling indicators and trading methodology (considering what she knew about trading would fit on the head of a pin) - well I could not believe it.

I felt very bad for the people who had spent hours giving her their precious time and explaining at great length how their indicators worked.


Charge away I say.

It would be even better if the people who contributed indicators got a kickback for the number of times their indicator was downloaded. That might lead to even more indicators being uploaded.

jmca2000 View Post
Hi Mike,

For us honest traders and newbie programmers why don't you protect all posted Indicators so that the code can't be viewed unless your a Premium member (if possible). The same way Fat Tails protects his code, but as a member you would be able to view and edit the code for your own Personal Use "Only".

This way traders who want to, can learn how the code is used to create these different indicators and they also can modify them with there own preferences and preset settings or patch meal different code from different indicators to create there own unique indicator. This may be good way to provide the best of both worlds.

If you decide to only allow premium members to download the posted indicators, I would become a member, only if I can view the code, because for me this is for learning purposes to create my own indicators, since there is no books or tutorial's on writing code for NT. I'd rather learn how to fish then just receive a fish.

Thanks for your consideration.

In fact there are many tutorials for coding in NT. From their website, to books on the C# language. I would recommend that you consider taking courses in programming at a tech school. It is totally understandable that you feel the way you do, and if you need any help finding a good path to pursue let me know. I'm sort of a University buff, but you can easily go to a tech school to learn how to program what you need to.


Old September 5th, 2011, 11:24 PM   #352 (permalink)
Elite Member
Orange County, CA
Futures Experience: Intermediate
Platform: Ninja Trader, Sierra, Ensign
Favorite Futures: Emini's, forex, Gold, Euro/USD
Posts: 1 since Jul 2010
Thanks: 3 given, 0 received

Yes for the "Elite" only downloads


I, for one, am grateful for the opportunity your site provides. To this day, It has never crossed my mind that I made a bad decision in sending you money to become an Elite member. Your hard work in maintaining this site and allowing truly gifted traders and coders share their work is invaluable. The money I spent for what is provided in return has to be the best educational trading value around. Your site continually educates and allows for continual trader growth.

I do not support this generations "ENTITLEMENT" attitude. Therefore, my vote is to make the downloads for Elite members only.

To those that are against this or are still on the fence. Step away from the negative thoughts for a moment and look at what you are receiving for the membership fee. If you do not see the VALUE this site provides, then I ask you to ask yourself.... Am I really serious about trading?

Mike, keep up the hard work, I am one who appreciates it!




Old September 5th, 2011, 11:26 PM   #353 (permalink)
Elite Member
Chicago, IL
Futures Experience: Advanced
Platform: Multicharts, Ninja
Favorite Futures: Forex, Oil, Gold, Currency Futures
Posts: 2 since Jan 2010
Thanks: 9 given, 0 received

Hi Mike,

First, thanks for all your hard work, making this a great place. Second, I agree with others that say you can't please all the people all of the time. You have to do what you think is best. I'm behind whatever you think is right to preserve the site.


Old September 5th, 2011, 11:54 PM   #354 (permalink)
Trading Apprentice
New Zealand
Futures Experience: Advanced
Platform: MultiCharts
Favorite Futures: hand seng
Posts: 1 since Jan 2011
Thanks: 0 given, 0 received

Hi Mike

I am yet to post on here but see futures.io (formerly BMT) as the best forum I have found. The $50 is not a lot and may filter out the pests etc. Do what you think is best.


Old September 5th, 2011, 11:55 PM   #355 (permalink)
Trading Apprentice
San Jose
Futures Experience: Beginner
Platform: XTrader
Favorite Futures: ES
Posts: 13 since Aug 2011
Thanks: 0 given, 3 received

Futures Edge on FIO

What happens to the S&P 500 when a new President takes office?

I do not have a need to download any indicators or codes for now but I am in a vote for "Download for a fee".
People joins this site to share ideas and concept of tradings then for a small fee paid to learn and get other people's indicators is a very small price to pay.


Old September 6th, 2011, 12:29 AM   #356 (permalink)
Trading Apprentice
Reno, NV
Futures Experience: Beginner
Platform: Ninja
Broker/Data: Amp Futures/Zen-Fire
Favorite Futures: BUND
Posts: 30 since Apr 2010
Thanks: 8 given, 9 received

Yes, let it be elite only

I don't mind, at least people will know why they are paying money for elite status


Old September 6th, 2011, 12:30 AM   #357 (permalink)
Elite Member
Futures Experience: Intermediate
Favorite Futures: E MINI RUSSEL AND ES
Posts: 44 since Jun 2010
Thanks: 3 given, 18 received

Hi mike,remember all those good thoughts when u start this forum.For sure,u gone have some good and some bad people.Measurement of behaviour is not possible because people belongs to different culture,countries and back grounds and Reward is not and never from people.keep doing good work.Any change u think will work,we r with u.Thanks for all your hard work specially the webinars .



Old September 6th, 2011, 12:36 AM   #358 (permalink)
Trading Apprentice
North Hollywood, CA
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: Velocity/TT
Favorite Futures: Futures
Posts: 3 since Mar 2011
Thanks: 11 given, 0 received

Just do what you believe is best

I understand that things cannot be perfect. Just do what you believe is best in this situation.


Old September 6th, 2011, 12:39 AM   #359 (permalink)
Elite Member
3rd Rock
Futures Experience: Intermediate
Platform: Other
Bacon's Avatar
Posts: 204 since Mar 2010
Thanks: 272 given, 1,253 received

Decision Matrix time...

Greetings @Big Mike,

First thing you need to do is to decide which of your stated goals has the highest priority...

1. "Protect" indicator authors from plagiarism?
2. Reduce download frequency and/or exclude bots (lower bandwidth overhead)?
3. Curtail futures.io (formerly BMT)'s growth?

Then determine which action will best accomplish that goal... (following is IMHO)

If 1. then you already have the required tools implemented, thus no change needed. You have an elite side and a free side, thus the authors are already free to decide whether to limit access via elite or to allow everyone free access. If there are authors that are concerned, then gently remind them that it's their responsibility to upload the appropriate side (not yours). Besides, I think folks would be rather naive if they think that anything posted to a public access forum can be "protected", elite or otherwise. So if this is your primary goal, then sit back and relax, you've already provided the required services. Leave everything as is.

If 2. then by all means, move all downloads to elite. This won't curtail the determined, but it will stop the lazy in their tracks (and we all know the ratio of determined vs. lazy).

If 3. then make the entire site elite. Guaranteed to stunt futures.io (formerly BMT)'s growth (and probably reputation) big time. Beware of the potential consequences though. After spending some time rooting around and realizing the enormous amount of accumulated knowledge at futures.io (formerly BMT), I became a member simply because; a. I wanted (in some small way) to support you and to acknowledge the extraordinary amount of work you put into futures.io (formerly BMT), b. I wanted access to a larger brain trust. However, without the ability to "kick the tires" before "buying", I would have passed by futures.io (formerly BMT) without a so much as second glance.

In short, I'd say that you've created a damn good system and Im happy with it, as is. I'd only change the status quo if you trying to battle a bandwidth issue. BTW, I'd strongly discourage setting post count limits, it just generates garbage posts. I also read your addendum and am happy youíre excluded the copyright, licensing, obfuscating, Captcha, etc. concepts.

Thank you sincerely for a wonderful place to "hang".


P.S. Concerning folks not filling out their ďbioĒ... Iím sure you've noticed that I'm one of them. Iím just not willing to make it easier for the naughty. Thus Iím quite happy living on the 3rd Rock. I hope you're cool with that.


Old September 6th, 2011, 12:43 AM   #360 (permalink)
Elite Member
Boise Idaho
Futures Experience: Intermediate
Platform: ninjaTrader
Broker/Data: Amp / Zenfire
Favorite Futures: Euro
Posts: 28 since Dec 2009
Thanks: 34 given, 20 received

Yes for the "Elite" only downloads

I've enjoyed your forum and learned quite a lot from it but I really didn't really start learning until I became an Elite member. The old saying: "You only learn from what you invest in", is very true. I've not been a big post'r because every time I come up with something that I think is good and start working on a post, somebody else comes along and posts something, along the same lines, that just blows me away... One of these days, I'll get it right but in the mean time, I thank you, Mike, for this forum and I thank the other members that contribute that make this forum so damn good!!!



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