I'm in the midst of trying a vendor's ATS product. I am going to withhold his name until this little project is over.
I have optimized the results strictly using MM because I don't have access to the indicators, so this is best one could hope for trading this. (The results using the vendor's default setting were approximately $1500 less.) This is a time bar based ATS, so the results were achievable. In addition, I have observed the ATS live and the performance backtests accurately. The posted results are for one contract. Be sure to consider the cost of commission (which I didn't include) in your analysis.
What I'm looking for from the community is an answer to this: On a monthly basis, what would you be willing to pay for this ATS, if you were interested in this sort of thing. It doesn't matter if you'd never purchase an ATS--you can still give your opinion as if you were interested. After I compile your responses--and please be serious--I will post the actual price and the vendor's name.
I am doing this because I often think there is a disconnect between what a vendor thinks his product is worth and what the market will bear. Products like this are easier to evaluate because they can produce real results and profits. It's not totally nebulous or a major leap of faith by the buyer if they believe the performance can continue in a like fashion as the past.
Be advised that I have no interest, nor affiliation with this vendor or his product. In no way is this an endorsement of the vendor.
Thanks for your participation and time.
Post script: If I determine in my sole discretion there isn't enough feedback to make this meaningful to the community, I will not disclose the vendor or his subscription price.
Last edited by Zoethecus; October 7th, 2010 at 10:08 PM.
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