Great Buy and Sell Candidates
OmniTrader is the only software that
generates Buy and Sell Signals based on the "personality" of each security in a
given list.
We call this powerful technique the Adaptive Reasoning Model
(ARM ). In just seconds, the program will test ALL of its 120 built-in methods
on EACH symbol in a given list to find the precise techniques that are working
well. Then, it uses those methods to generate signals.
Built in Money Management
In Jack Schwagger's book, Market
Wizards, Marty Schwartz was asked what was the single most important factor in
trading. His answer? Money Management, Money Management, Money Management.
Money Management means managing a Trade AFTER it has been placed. Here again,
OmniTrader helps with its built-in portfolio. As you enter new trades, arrows
are displayed on the right side of the chart.
Just grab the red or green
arrow, move it, and you will be alerted when the security crosses the trigger
level. These levels are called "stops". OmniTrader comes with a wealth of tools
to help you determine optimal stop placement.
Improve Your Skill Using OmniTrader's Unique Trading Simulators
Great Candidates and Trade Management
are just two of the key ingredients to successful trading. Trading is a battle
between greed and fear, and all of us must overcome these powerful emotions to
trade successfully. OmniTrader's trading simulators are designed to help us win
the emotional battle that rages within us when our money is on the line.
The Trading Game randomly selects a security and engages you in a "game,"
complete with bank balance and the ability to trade on margin. This unique
simulator will help you learn to use the Buy and Sell Signals, set stops, and
react to what is happening.
The second simulator, which we call Lab Mode,
will give you the ability to practice trading on an entire portfolio of
securities. With a few Lab Mode sessions, you will begin to understand the value
of portfolio theory, and how to take multiple positions to reduce risk.
More Features Designed to Help You Win
Since OmniTrader was first released
in 1994, we have continually improved it with features that enhance its ability
to prospect for candidates in the market, and help you manage the opportunities.
Chart Book - With just one click, you can fill a chart book "page"
with multiple charts, and flip to a new set of charts.
Drawing Tools - Draw lines and text quickly, and establish Trend
Line Alerts, to alert you when specific levels are crossed in the market.
Statistics in the Focus List - As OmniTrader generates Buy and
Sell Signals on the securities in your focus list, it produces performance
statistics. For example, "BTHR" is the Back Test Hit Rate. A value of 80 in
this column indicates that 80% of the signals in the test period were shown to
be profitable.
And these are just some of the highlights of the OmniTrader
feature lineup. The software supports multiple data vendors and data formats,
and is available in specialized Real Time and Futures Editions, each with
additional features designed to help you trade in that mode. |