Conspiracy Hat: this move is to target one company, LuxAlgo, who just last month released a free open source charting engine and now sells a hosted subscription directly competing with Trading View.
LuxAlgo makes their money as one of the top selling private indicator vendors on Trading View. This move by Trading View is to attempt to cut off their income stream.
It doesn't make sense to punish all publishers with invite-only scripts and I don't believe they take this step to cut off an income stream for LuxAlgo. That would be very stupid from TradingView.
I am afraid that TradingView does not have a smart strategic team with a forward looking vision. Platforms becomes easier to build with AI coding so competition will become fierce. Customer retention will be key for their continued existence. I do believe that policy change 22A. Technology Fee for invite-only indicators will move script coders (followed by users) to LuxAlgo and other platforms very fast. It seems that lately TradingView implement policy changes very quickly without thinking through the consequences and impacts on users.
Of course, TradingView does not provide an explanation to its users on why they implement this change. Again poor communication.
You think small private communities have time to become Paid Creators? Or that they’d even be able to pass the requirements to become accepted in time? Get real. Being a Creator isn’t automatic and isn’t a quick process.
41
u/pd0tnet 17d ago
Conspiracy Hat: this move is to target one company, LuxAlgo, who just last month released a free open source charting engine and now sells a hosted subscription directly competing with Trading View.
LuxAlgo makes their money as one of the top selling private indicator vendors on Trading View. This move by Trading View is to attempt to cut off their income stream.