Can Tradelink be used without Glean?

[TechTradingCorp]

Pracplay Sales:

Some people have asked whether Tradelink can be used without Glean.

The answer is yes of course, everything in tradelink works without Glean.

Some people have asked if they can continue to use their existing strategies in Glean, without having to buy anything from pracplay?

The answer is yes of course, one because Glean is free to use.

Secondly.... the IDE mode in glean has always produced dlls from code at no charge, and it still does.   So all your existing code can still be compiled to response dlls in Glean at no charge.

The only new thing is design mode.   Design mode is also free to use, but unlike IDE mode it requires a fee to unlock a profitable strategy.    This is fee is similiar to paying a programmer to create a strategy, except it's hundreds of times faster and you only pay for the strategies you want to trade.   It also doesn't require any programming to use, and our support team can provide greater assistance to design mode users than people trying to learn how to code.     

We believe that your returns will be enhanced using Glean design mode.    However there is no requirement to use Design mode.

Most users seem to understand this, but hopefully this clears up any questions.   You can contact us if you have further questions about how this works.

regards,

-sales

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TechTradingCorp:

I think it is wrong for a company to effectively hijack a product (Tradelink) that has been developed by a community of users.

where hijack is defined as:

Introduction of app (Glean) which once had useful features, then remove those features and charge an insane amount of money for users to once again see those features.

This will not stand.

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syntacticalmarkets:

Absolutely agree!   I'll put up a real forum if anyone is interested in moderating it.  My email is tedp...@gmail.com.

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Andy:

Nothing is being hijacked here. Don't be ridiculous. There are a ton of commercial applications that are built using open source components, just like Glean. 

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TechTradingCorp:

Webster's definition of Hijack:

Illegally seize (an aircraft, ship, or vehicle) in transit and force it to go to a different destination or use it for one's own purposes.

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They control the software directory: Tradelink.org, the Tradelink-users group, bundle their product 'Glean' into the builds.

and now are restricting the functionality of it unless you pay them $3,000.

and they restrict the free-flow of dialog on the user group.  

Hijack seems like a pretty good term for it.  I doubt this will be posted.  It will be 'moderated' away as most of my posts are.  and if so, will deliver it on the Tradelink-Free group, where conversation is not restricted.

[Ted Penner]

Oh really,

Well I've tried to use it 10+ times and have never gotten it to work successfully.  I've supplied my phone number and several videos.  I'd be interested in making this happen.

-Ted R Penner
www.tedpenner.com
(254) 214-3013

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[TechTradingCorp]

Since you are a very senior software engineer, I am quite sure it is not 'user error'.

When I saw the pretty boxes instead of code in the demo video, I didnt bother to use Glean. I need to see the code, have to know what and how the indicators are effecting the logic, and need to be able to thread-in my changes to the conditions of the system; as most or not all system developers need to do.

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Selling stuff is ok.  Most people are all for free markets and business; and folks earning money for their efforts, as PracPlay is definitely entitled to, and deserves for their hard work and efforts. 

We just either need to see Glean priced much lower, and changes made so users are not restricted from seeing the code,  

or alternatives developed to Glean so the market (user group) can decide on what is a fair price.  If most of the user group is like me, they dont want to pay

$3k for a trading platform and want to have control over the systems we create; otherwise we would be still be using Tradestation et al. 

They need to go back to the drawing board and figure out a way to keep Glean usable as described, and putting it back to how it was which would fix the problem you are having.   lowering the price so all users would buy it; then everybody wins.  PracPlay gets paid for their work, and we get to keep this thing moving along improving it as we go.

[Ted Penner]

It won't ever happen though.  They aren't going to lower the price.  They are going to keep raising it.  Even $3000 doesn't get you an unlock for every design you come up with.  Make no mistake that you are the one writing the code and not PracPlay.  You are the one developing the core of the algorithm.  What PracPlay does it put a link to all the tools in one place.  That's it.  It isn't worth $3000 by any stretch.  The Open Source development model is key here.  It is absolutely necessary for people to be able to see the code behind the work they are doing.   

-Ted R Penner
www.tedpenner.com
(254) 214-3013

[TechTradingCorp]

Absolutely agree.  Cant build anything without it.  They just dont understand the market (user community) at all.  The vast majority of Tradelink users are senior developers.  Why else mess with C# when a less technical person could use a 4GL like Tradestation.  They dont understand basic economics, and are developers not businessmen.  Oh well.  Class is in session.

I already have the beginnings of a replacement app built when I hired a team to build a system similar to TradeLink two years ago.

I will be posting screenshots and opening the dialogue to Tradelink users to solicit their feedback on desired functionality once I outline

the basic functionality we already have, and comparing/contrasting with what Glean currently has.   I have top C# talent, who

can get this done quickly.  Some pieces will be farmed-out, and will seek donations to help cover costs on it.  Open to ideas to best handle that;

but be sure that entire process will be transparent, as I am not in this to make one dime, just to get a launchpad interface for building and back-testing

trading systems on TradeLink.  The time for talk is past, and time for action is now.

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[Ted Penner]

EXCELLENT!  I'd love to contribute to your efforts.

Do you have anything to showcase as yet?

[wilhelm.stroods]

Yes will pull together some screen shots. 

It needs to be reworked to interface w tradelink. Currently it uses a pseudo language I built for trading algorithm creation.  The interface is very similar to metatrader, which has a much better, more intuitive interface than Glean. 

Will get some shots together by tomorrow and open up the dialogue on functionality we need.

Cheers

[Ted Penner]

Outstanding