How to make money if creating a new technical indicator ?

Discussion in 'Technical Analysis' started by Streetwise, Jul 30, 2017.

  1. Sorry, but your post gave the impression that you just wanted to create and sell rather than trade.
     
    #11     Jul 30, 2017
    Xela likes this.
  2. True TA was never meant to predict where prices would be at year's end or on you dog's birthday.
     
    #12     Jul 30, 2017
    murray t turtle likes this.
  3. Xela

    Xela


    I wouldn't think that would be copyrightable, per se.

    Trademarkable, possibly(?), but that's a whole different thing. Anyway, it seems he didn't.

    There's a lot of misunderstanding about copyright. Copyright actually exists the minute something's written/created. What most people refer to as "copyrighting something" is actually no more than registering the copyright in a central place, so as to have evidence of the existence of copyright as from the date specified in the registration document (and there's no copyright in names and titles).

    My guess (but I'm no lawyer) is that the name of a technical indicator wouldn't be trademarkable anyway.
     
    #13     Jul 30, 2017
    murray t turtle likes this.
  4. The trend line itself does not establish the trend. It simply marks its border.
     
    #14     Jul 30, 2017
    SkyChef and Xela like this.
  5. I can do both.
     
    #15     Jul 30, 2017
    murray t turtle likes this.
  6. So what exactly is trademarkable?
     
    #16     Jul 30, 2017
  7. The way it's usually drawn might as well be a dog marking his patch. LOL !
     
    #17     Jul 30, 2017
  8. No, Seriously there's so much math out there and all we got is RSI and bogus hand drawn trendlines ? LOL.

    Hedgies must be laughing their balls off.
     
    #18     Jul 30, 2017
  9. Xela

    Xela


    I already mentioned that I'm no lawyer, but this may help you.
     
    #19     Jul 30, 2017
  10. ROC is legit, the maths are sound but very simple.

    dp/P * 100.

    It is still lagging , could be a lot better with more advanced maths.

    Any other indicators you guys want me to comment on ?
     
    #20     Jul 30, 2017