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List of vendors selling BMT indicators


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List of vendors selling BMT indicators

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  #21 (permalink)
Market Wizard
Berlin, Europe
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
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Lornz View Post
Maybe if you'd really apply yourself...

I will gladly sell your indicators behind your back, so please try a little harder!

What is the name of your site, maybe we can directly post the indicators there - with a few glitches of course - to make you your life easier.

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  #22 (permalink)
Oslo, Norway
 
Experience: Advanced
Platform: CQG, Excel
Trading: CL
 
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Posts: 1,198 since Apr 2010


Fat Tails View Post
What is the name of your site, maybe we can directly post the indicators there - with a few glitches of course - to make you your life easier.

GetRichWithLornzsOriginalIndicators.com will be registered shortly!

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  #23 (permalink)
Market Wizard
Berlin, Europe
 
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Lornz View Post
GetRichWithLornzsOriginalIndicators.com will be registered shortly!

Well chosen, as the name of the site leaves it open WHO gets rich.

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  #24 (permalink)
MIAMI,FL
 
Experience: Advanced
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is that all your paying mike? mine wont even have lunch with me for that...lmao sharky

KILLING THE MARKETS DAILY
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  #25 (permalink)
Legendary  Vendor: www.jigsawtrading.com 
Bangkok
 
Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker: AMP, S5, IB
Trading: ES
 
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Posts: 2,977 since Nov 2010
Thanks: 823 given, 10,277 received

just out of interest....

How many of these indicators are genuine creations of the people that put them on futures.io (formerly BMT)?

By genuine creation, I mean the idea, design and implementation was done by someone posting here.

Are any of the indicators copies of other people's idea's? You know how it goes - look at something somebody else has done and then code it up.

If these are genuine creations, like the stuff from Gomi, then I would agree this is not good.

On the other hand, if some of these are re-coded versions of commercial/non-commercial inventions, then the smarts, the intellectual property is in the invention and NOT the code. For this category, no-one has had anything stolen.

So - for example, if someone re-coded the BBSqueeze which John Carter et al ripped off from elsewhere (allegedly) and THAT has been copied from futures.io (formerly BMT) to elsewhere, I don't think there is any cause for complaint. In fact, it's the guy who did the original work that has cause for complaint with the coders that created the copies and put them here on futures.io (formerly BMT).

After all, anyone can code but not everyone can invent.

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  #26 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
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DionysusToast View Post
just out of interest....

How many of these indicators are genuine creations of the people that put them on futures.io (formerly BMT)?

I would say 99% of the dozens and dozens of URL's I included in the cease and desist notice were Elite-only indicators. This means in almost every situation (or perhaps in 100% of them) they were unique creations.

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  #27 (permalink)
Legendary Market Wizard
Chicago Illinois USA
 
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someone codes a moving average and puts a gradient color change thtat while something has been added, the world is not going to stop. However, it is my understanding that much of this material is more "original" than that in its design and that the code is basically copied and pasted, not recoded to create the same idea.

I am working on a BBsqueeze-like indicator now. While the original idea is not mine I dont believe trying to recreate something similar from scratch is pirating it. Credit for the invention stays with it's creator, I'd simply rather work it out on my own and understand the calculations. Evidence the hard time I had believing something I thought was original was replaced by modified keltner channels.

Trade well guys, the holidays are coming! DB

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  #28 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
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Posts: 48,922 since Jun 2009
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The work is not being copied in a sense that they say "hey, that is a good idea. I will code that myself from scratch". The code is being copied as in cut-paste, including the posts, descriptions, futures.io (formerly BMT) usernames, everything.

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  #29 (permalink)
Legendary Market Wizard
Chicago Illinois USA
 
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that makes me kinda mad. It is just disrespectful and I do not like that.

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  #30 (permalink)
Legendary  Vendor: www.jigsawtrading.com 
Bangkok
 
Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
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wldman View Post
someone codes a moving average and puts a gradient color change thtat while something has been added, the world is not going to stop. However, it is my understanding that much of this material is more "original" than that in its design and that the code is basically copied and pasted, not recoded to create the same idea.

I am working on a BBsqueeze-like indicator now. While the original idea is not mine I dont believe trying to recreate something similar from scratch is pirating it. Credit for the invention stays with it's creator, I'd simply rather work it out on my own and understand the calculations. Evidence the hard time I had believing something I thought was original was replaced by modified keltner channels.

Trade well guys, the holidays are coming! DB

OK - fair enough - but what about when you post that on here? Do you cross a line?

Perhaps this is a bad example, because we know that Carter et al stole the idea from elsewhere.

Still - if you see an idea, re-code it & then release it, that is a form of piracy. You are absolutely copying somebody else's intellectual property.

The reason I point this out, is that this sort of activity ultimately puts people off from inventing things. Why bother inventing something & releasing it, if some programmer will then release a copy for free on the web?

You would presume that if a programmer had the abilitity to create and invent, then they would do so, right?

There's a lot of kudos on line for re-coding somebody else's ideas. The funny thing is - the end result is that people will keep their ideas to themselves because of this. End result is less people benefit from the ideas.

On the bright side - 99.999% of indicators are crap anyway. I'd say 100% but I can't because of GOMI. Still - I'd be more than comfortable is saying that 99.9999999999999% of price based indicators are of no use.

This is of course, just my opinion!

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April 11, 2013


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