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SALES AND SOFTWARE DISTRIBUTION POLICY CHANGE

Tradingpatterns.com has been in business for eight years. APS Automatic Pattern Search v2.1 was released in April of 2002 and since then several versions of the program were released with improved functionality. APS is the only software program in the market  that can discover, in a completely automated way, trading systems based on price patterns that fulfill user-defined performance statistics and risk reward parameters  and also generate code for several popular platforms for back testing and automatic trade entry and execution purposes.

Our software distribution method was based up to now on what is known as hardware locking. In order to minimize software piracy the program locks to a particular PC and generates a code that depends on its hardware configuration. The hardware locking code is fairly unique and it is used to generate a password to activate the customer installation. At the same time the price for the software was low given what it can do and licenses were offered at an introductory rate to allow us to build our business.

We have now decided to grant more flexibility to our future customers in transferring the program to a new computer by offering transferable licenses that do not have a hardware locking feature but only use a password that prevents unauthorized distribution and installation. The hardware locking license option will be terminated in the near future. We will require all new customers to sign a private agreement and provide adequate documentation to prove identity, such as a copies of passport and utility bills.

We strongly believe that in a new environment of fast changing technology, increased competition and rising prices, our decision to focus our sales efforts on qualified buyers is justified.

We thanks you for your support.

Tradingpatterns.com

 

 

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