Any algorithm is as smart as the person that wrote it. Markets change and those algorithms will need to be continually tweaked... which I doubt can be consistently done successfully. I wouldn't buy an algorithm because no one knows when the markets will change and how much time is left for profitability.
If you can pay for it, then you do not need it there is the paradox you are looking for. or maybe someone could call it a straw man argument.
i have published systems for free that made that much like the oddball system in active trader dec 2000 and another one in active trader may 2004... m btw i did sell an algo for 5 million and to my knowledge that is the most anyone has ever gotten for a single mechanical trading system. it trades of all things metals not gold or silver though think light.
typically i agree with the above - only because you don't know that i have computers which make their own systems based on criteria and materials i feed it. then i have to learn what the computer has done to understand what it has found. from there i test further using a bounding method to see what conditions would have to do to make it fail working in the future. those risk params are then incorporated into the system. m
if this is true, how did you solve the problem of proving it works and not giving it away until money transfers to your account? I would ask for at least 40 million.
At this point my opinion is that your system is worthless equity curve looks ugly, but not only that, I would need a whole lot more data in order to see if your system is worthy anything 8 times more, and I am not kidding you are asking for 8 million based on trades so far, sorry old boy, I would not be a buyer (at this point)
sorry to scold you some more, but as a system designer myself, I would never trust collective 2 with it if collective2 involves any kind of code sharing with that site you would never see me do business with them I call it common sense