You are conservative, Nick. I assume that testing and development of a strategy is a couple of days work, including initial optimization runs on multiple pairs and running backtests. And that is WITHOUT using some slow and clumsy tool like MetaTrader (which is fast - thanks to using bars, not all bid/ask changes, but also not really up to professional development standards).
OTOH if you get a couple of rules and all you have to do is to make sure that you actually follow them - without doing real strategy development work and without using more than the most simple entry and exit logic - then half an hour of work does not really sound off. But you can not spend half an hour just to make sure the rules do not have totally obvious mistratedes and you have no time for more than just watching some basic validation.
Hundreds of dollars sounds right for anything that is "hey, 2 rules, code me an EA fast and do not bother to do proper testing on it".
OTOH if you get a couple of rules and all you have to do is to make sure that you actually follow them - without doing real strategy development work and without using more than the most simple entry and exit logic - then half an hour of work does not really sound off. But you can not spend half an hour just to make sure the rules do not have totally obvious mistratedes and you have no time for more than just watching some basic validation.
Hundreds of dollars sounds right for anything that is "hey, 2 rules, code me an EA fast and do not bother to do proper testing on it".
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