I can't find a tradewave marketplace. How do I buy a strategy or put one there? What are the rules\conditions?
Currently, I'm the only one with anything for lease so there is no "main page", yet.
I was told we wouldn't have "a marketplace" link until someone stepped up to be competition so its been a chicken/egg thing.
If you have a strategy you want to lease contact @sai or @mike_crypto and I'm sure they'd set up a page for you. Maybe if we get two or three of us it will justify the dev time in setting up a marketplace home page.
If you need any help resolving communication issues between yourself and your clients feel free to ask, I'm more than willing to share.
Thanks for your reply, For now I just want to know what are the conditions. Do buyers get access to the source code?(Cause it doesn't seem quite right to give such access)
And if I may ask is it worth the trouble, is anybody buying them or for now not so many people are interested in such things?
My leasees get a blank black screen where the source code should be. "Black Box"
I have about 45 leases outstanding; terms are 90 days.
Paving the way in the beginning was very time consuming. Being responsible for upwards of $1m is a heavy responsibility that requires daily attention. I haven't missed a day at tradewave since I went live on Dec 10, 2014.
I lease a "signal" using the channels feature; so I have to keep a bot live 24/7 for my clients. You could also lease a script which would be less to maintain.
I think one of the huge perks of leasing a "signal" is we're all in this together... so when my bot is down my PM's and email get blown up pretty quick by my people... which means we're all back online faster than if we were each in this alone.
The other important term to consider is that tradewave currently takes 30% consignment fee on my leases; but that does come back to me in that I'm comped unlimited free live trading and prioritized tech support.
Thanks for a detailed reply!
One thing that I really like about leasing here vs leasing at cryptotrader.org is that my code is MINE. At cryptotrader your leased code is visible to admin. At tradewave admin has no access to your leased code.
I've been waiting for a marketplace for a long time. Build it and they will come!
btw, I think it would be nice to have a possibility to backtest marketplace strategies without access to code and get detailed stats not in a form of screenshots but from tradewave database (history of trades, etc). I don't think it's too hard to implement cause this features are already available for your strategies. But It definitely will make buyers life much easier when there are lots of bots on the market
I'm certainly supportive of that. One route I've considered to "hack" from my end is to offer HB marketplace strategy that leases for 90 days for a trivial amount, but service it through bitpay just like the others. Have it work via backtest like the other leases with a "black box" where the code goes, but I could force it to raises stop() when live.
My hesitance in this route has been that one out of every 10 or so bitpay transactions have required admin over ride because of floating point error at bitpay; otherwise it would seem to be a good solution.
Curious what's new re: marketplace
@O4karitO are you talking about like a performance chart of different marketplace strategies or you simply want to run strategies side by side and compare?
For the former, we have been talking to our parent company compliance about marketplace (it is still in beta and strategy authors are approved case by case). The issue comes in when we start comparing strategies with some form of "KPI". They need to be approved by compliance because Tradewave is now suggesting strategies.
But for the latter, we might not need compliance since the trader is running the strategies by themselves and comparing based on their trading needs.
So to add to that, building a strategy multi execution view is what you're looking for. The user comes in, chooses available marketplace strategies from different authors and then runs them against the same exchange, portfolio amount, currency pair etc and see how they performed over a fixed period of time.
Well, what you described sounds perfect but i meant a simplier thing. A possibility to backtest a strategy from the marketplace before buying it. User can make screenshots or write down the results(of course, your idea is more convenient).
I recently added a "trial" version of the honey badger in the marketplace.
For 0.075 btc you can backtest for 90 days.
This gives you the same black box as everyone else, but it doesn't move funds live.