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Started with MetaStock about 15 years ago. Have been using OT for close to
a year. OT addressed one of MS biggest issues, how to handle a pile of
securities. OT is great for power crunching through a pile of securities
and identifying those with strong potentials for doing something. Has a
fantastic "Auto Mode" which I use on over 400 stocks, 30 futures contracts
and a big pile of mutual funds.
OT has a new 3.x release which I have been beta testing. Even faster with
additional flexibility.
You still need to "pull the trigger" on the trades. For the securities
that look promising, I use MetaStock because of it's charting capability.
This allows me to focus on those with potential without getting lost,
tired, bored grinding through the junk.
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> From: Michael Liew <MAL2@xxxxxxxxxxxx>
> To: 'metastock-list@xxxxxxxxxxxxx'
> Subject: OmniTrader as a complementary product to MetaStock
> Date: Tuesday, August 05, 1997 8:24 PM
>
> I started using MetaStock about 4 months, while it is a fairly powerful
> software it requires quite a bit of manual manipulation to get any
> result. Worse when there is so many indicators/systems/stocks to test.
> So I am thinking of getting a complementary product, OmniTrader, to
> highlight the ones worth looking at. Then analyse these with MetaStock.
>
> For those who don't know about OmniTrader, it is less customisable then
> MetaStock but comes with trading models built-in (similar to those in
> MetaStock). It claims that it can automatically apply all test on all
> stocks and generate buy/sell signals. Secondly, it analyses these
> buy/sell signals to recommend a course of action over a period of time.
> Finally, the performance statisitcs give an indication of the accuracy
> of its past recommendations. OmniTrader is produced by Nirvana
> (www.nirv.com).
>
> Does anyone have positive or negative experience with OmniTrader? Any
> comments will be appreciated.
>
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