Automatic
Buy & Sell Signals - The best available.
Features which are unique to
OmniTrader have an asterisk (*)
Entry Filters
Review fewer, better Signals when Entry Filters are
applied to the Vote Line to "filter out" Signals that do
not meet certain criteria.
Eighths Tool Exit *
A specific Visual Exit that automatically "follows"
each trade to an optimal exit point while preventing a
trade from stopping out of a good position prematurely.
One Button Automation *
Push ONE BUTTON (the "To Do List") and OmniTrader
will then run its automation.
Very Fast Analysis *
Runs up to 100 times faster than other software which
runs system tests or back tests.
Adaptive Reasoning Model™ *
All Trading Systems are tested, and those which match
the personality of the stock (or futures contract) are
chosen. Then, Signals are generated which represent a
consensus Signal from these systems.
Automatic Buy & Sell Signal *
After the analysis is run, buy and sell Signals
appear in the List and below the chart. Quickly display
the top performers to consider for action.
Signal Confirmation *
Daily and Weekly Systems are run. You can confirm one
against the other.
Specialized Strategies *
Find unique situations in the market. The BREAKOUT
Strategy looks for breakout Signals, SWING Strategy
identifies Swing Trades, and so on.
List
Features - Make it easy to manage your prospects
Automatic Signal Ratings *
An Advisor Rating™ is calculated for each Signal,
indicating strength of the Signal.
Performance Statistics
As Signals are generated the performance of the
trades is calculated, such as Backtest Hit Rate (BTHR)
are displayed in the list.
Automatic Signal Filters
You can apply specific filters to the list, such as,
"filter out all Signals with test accuracy less than
80%".
Condensed View
Separate the list from the application. A small
"thumbnail" chart attaches to the list for easy viewing
of charts.
Watch List
Right click and add candidates into a separate Watch
List.
Notes
Add your own notes, and edit them too.
OmniTrader
Charts - Simple yet advanced.
Visual Exits
ALL exits display within the charts as they form.
This helps you manage risk better, leading to higher
profits.
Indicator Library
A comprehensive list of significant Indicators easily
accessible from a unique interactive interface that
makes it easy to adjust values.
Multiple Plots
Add Indicators or System plots and they "stack" on
top of each other. This is useful for confirming Signals
at reversal points.
Automatic Patterns *
Automatically generates trend lines, candle patterns,
and support/resistance on the right of the chart -
making it easy to spot powerful situations to trade.
One-Click System Plots *
A single click plots any system in the chart. No need
to configure each plot and assign it to a window, or
manage the display.
Synchronized Chart Scroll *
When you tile multiple charts, they will all scroll
at the same time. That is, each will maintain the same
time scale. This is very useful for comparing
timeframes.
Overlays *
Overlay any symbol on top of any chart.
Equity Curve *
Display an equity curve using the results of the
automated buy and sell Signals, to see how smoothly the
symbol made money in the test period.
The ChartBook *
Ability to maintain multiple "pages" with charts,
which can be accessed with a single click. Set up one
page for Long Positions, one for Shorts, Industry
Groups, etc.
Drawing Tools
OmniTrader has a host of powerful drawing tools,
including trend line, ray, and text in the chart. The
text is unique in that it automatically sizes as you
zoom any chart - a great time saver!
Trend Line Alerts *
Draw trend lines with alert features. Any time such a
trend line is crossed, you are alerted!
Money
Management - Built into OmniTrader
Built-In Portfolio
The built-in Portfolio tracks your trades.
Buy and Sell Buttons
Buy and sell right in the charts, to track your
trades right in the software.
Positions Window
A simple window shows all your positions, at a
glance, with net profit displayed.
Eighths Tool *
A unique tool based on Gann's Principle of Eighths
makes it easy to know where to place your stops.
Stops in the Chart *
When you take a position in the Portfolio, stops are
tracked in the chart - just grab with your mouse and
adjust them.
Trading
Simulators - Practice Before You Trade!
The Trading Game *
Built-In Trading Simulator lets you practice, one
security at a time, with the Signals and patterns.
Lab Mode *
Trading simulation at the Portfolio level enables you
to practice trading on past data with ALL the features
of the software.
Data
Management - Easier than ever before.
Symbol Database
Built-in Symbol Database for easy symbol access.
Built-In Downloader *
OmniTrader can download end of day data directly from
eSignal, Quote.com and DTN IQ.
Data Formats Supported *
OmniTrader can read end of day data - from any vendor
using the MetaStock, CSI, TC2000 or AIQ Formats.
Additional
Content - To Make a Better Decision
Signals Stay Put
The Signal Engine does not re-optimize any symbol
that has a Vote Line Signal. So, Signals cannot change
on the Vote Line until an exit is generated for the most
recent Signal.
OmniTrader
is Also Customizable!
120 Trading Systems *
OmniTrader has 120 built-in trading systems (daily
and weekly) which are automatically run each time the
"To Do" List is executed.
Trading System Parameters
The trading systems are Open. You can change the
optimization ranges and specify which systems are to be
used with any symbol list you run.
Advanced System Confirmation *
You can also specify certain systems as "confirmers"
- for example, "Only fire a buy or sell Signal if the
Volatility Breakout System is also firing a Signal at
the same time."
Trading Models *
The user can select the trading model which is
applied such as "Short Term Aggressive" or "Medium Term
Aggressive." The model contains the exit rules.
Reports
Performance reports for the list are just a click
away.
Futures
Edition - all of the above, PLUS
Trade Futures
Ability to Generate Signals on Futures contracts.
Continuous Contracts
If you collect single contracts from a data source,
the program can connect them.
Automatic Contract Definition *
The symbol database is used to automatically generate
contracts.
Automatic Contract Rollover *
At first notice day, the program alerts you and can
roll over into a new contract.
Commitment of Traders *
Automatic downloading of the government COT numbers
w/ display.
Seasonality Graphs *
Graphs of seasonal tendencies for futures.
Real Time
Edition - all of the above, PLUS
Multiple Timeframe Signals
Confirm trading signals across multiple timeframes.
Real Time Analysis *
OmniTrader continuously runs its proprietary Adaptive
Reasoning Model in real time, on hundreds of symbols in
your list.
Real Time Signals *
Signals are dynamically updated in real time.
Real Time Alerts & Stops
Alerts fire when new Signals are generated, or at a
specific price, or if a stop level is hit.
Trend Line Alerts
Draw trend lines with alert features. Any time such a
trend line is crossed, you are alerted!
Real Time Data Support *
All the popular Real Time data services are
supported, including Quote.com, eSignal, and IQ Feed
from DTN.
Professional
Edition - all of the above, PLUS
High Performance
With Pro Strategies thanks to Trade Plans.
Programmability
Pro is 100% Programmable. OmniLanguage is the real
easy language to create precisely the kind of system you
want.
Total Automation
Achieved with OmniPilot. It automates the trading
process to run Pro just like a real user would.
Visual Brokerage
Manage your trades directly in the charts. Place
trades, move stop levels and adjust your Trade Plans
with just a click.