OmniTrader


OmniTrader finds great trades for you AUTOMATICALLY!
- NO Systems to write
- NO guessing which strategies to use
Just click, confirm and trade.
![]()
Audio Version (Recommended for Cable, DSL or T1 connections)
Text Version (Recommended for 56k modem connections)
OmniTrader is the only software designed to help you Trade the Moves. By automating technical analysis, OmniTrader gives you the power to make decisions fast! No other software gives you real trading signals with all of the supporting information automatically displayed for you. OmniTrader’s signals are exceptionally accurate – making it a Great Prospecting Tool.
Great Trading Signals, however, are just the beginning of the OmniTrader story. OmniTrader provides all the tools you need to Trade the Moves:
- Great Buy & Sell Candidates
- Built-In Money Management
- Trading Simulators
Great Buy and Sell Candidates
OmniTrader is the only trading system 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. You can see an example chart above. ARM was invented at Nirvana Systems in 1994, and here is how it works:
- A list of symbols is provided to the software. This list can be as short as the S&P 100 or as large as the entire stock market, depending on how many candidates you want the program to generate for you.
- Press ONE BUTTON in OmniTrader, and it will begin its proprietary analysis. In a matter of seconds, OmniTrader will test each of its built-in trading methods on each security, choosing the BEST techniques to use. Using this approach, OmniTrader is able to determine the personality of each individual security, according to our proprietary Personality of Markets Theory.
- The software automatically finds buy and sell Signals on each symbol in the list, using the methods that have been found to work well for each individual security. The result? Superb buy and sell Signals unlike any you have ever seen – automatically. No other software offers this automation benefit.
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. Click here for a complete list of all the features in each edition.
Support from Nirvana Systems
When you buy OmniTrader, you receive the commitment that comes from 14 years of serving the trader and investor marketplace…
- Multi-media tutorials are built into the program.
- Our Technical Support Department answers the phone (give it a try at 020 7193 6746).
- We provide FREE online seminars to orient all new users on the software.
- Our SignalWatch.com web site provides daily market commentary authored by our staff.
OmniTrader is 100% Guaranteed
Nirvana Systems is an established firm. We have been serving Traders and Investors around the world since 1987. We know OmniTrader is going to help you in your trading. That is why we stand behind our software with a 100% Money Back Guarantee.**
Our customers continually write to us with their success stories, and after they try the software, many are amazed at how inexpensive it is. Our goal is to help as many investors and traders as possible. We want you as a customer for years to come.
Start Down the Path to Trading Success – Today!
If you are trading the markets, there is no better tool in the world than OmniTrader to help you succeed. With total automation, world-class support, on-line tools and seminars, and a money back guarantee, you just can’t go wrong.
Experience the OmniTrader difference, and begin your journey down the Path to Trading Success – Today!
The Team at Nirvana Systems
** Our Guarantee: Try OmniTrader for 60 Days. If you are not 100% convinced that OmniTrader will make you a more effective trader and investor, return the software for a 100% refund, less shipping and handling costs.
![]()
Every aspect of this software is designed to help you find prime Buy and Sell Candidates as quickly as possible.
That’s the OmniTrader Difference.
Features which are unique to OmniTrader have an asterisk (*)
| Automatic Buy & Sell Signals – The best available. | |
|---|---|
| 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 system. |
| 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 RatingTM 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 time frames. |
| 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… |
| 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, Telescan, InterQuote, and Worden Brothers. |
| Data Formats Supported * | OmniTrader can read end of day data – from any vendor using the MetaStock, CSI, 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. |
| Fundamental Information | Built-In Display of fundamental information from select sites on the web. |
| SignalWatch Content * | Market direction and trading signals from Nirvana are available within (requires a separate subscription) |
| 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 in to 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. |
![]()
For each security in your list, OmniTrader tests up to 120 trading systems. It then selects
the best performing systems in the back test period for that particular security to generate a consensus buy or sell signal. OmniTrader performs this process at lightning speeds for every symbol in your list. OmniTrader’s systems are based on proven trading systems.
Below is a list of the core trading systems included in OmniTrader. Note that for each trading system there is a daily and a weekly version, and there are intraday versions as well in the REAL TIME Edition of OmniTrader only.
| Abbreviation | Full Name | Description |
|---|---|---|
| ADX-B | ADX +30 Breakout | ADX is defined in Welles Wilder’s book, “New Concepts in Technical Trading System.” ADX stands for Average Directional Movement, and attempts to determine trend by looking for the ADX indicator to move above a specific level , which is typically +30. The system is defined so that the trending level can be optimized. |
| BND-C | Trading Band Crossover | Trading band is based on an Exponential Moving Average. (Defined in MV2-C) Draws a P- period EMA of closing prices, then an exact copy of the EMA shifted S% above and below the EMA. |
| BOL-C | Bollinger Band Crossover | Trading band constructed based on Volatility of price. Standard wwwiation of price is used as the measure of volatility. |
| BOL-T | Bollinger Band with ADX Trend | ADX is used to detect a retracement from the trend, and Bollinger Bands are used to establish entry and exit points after the retracement is detected using ADX. |
| CCI-C | +100/-100 Crossover | This is a classic interpretation of CCI. Crossings from above +100 to the downside constitute a short, and crossings from below -100 to the upside constitute a long. The period used for CCI and crossover levels can be optimized. |
| CCI-D | Commodity Channel Index Divergence | Draws CCI indicator (see CCI-P), then the Divergence indicator pivot point is used to isolate. |
| CCI-FP | Commodity Channel Index Fibonnaci Peaks | Plot 8, 13, and 21- Period oscillators on top of one another. Confirms the existence of peaks (or valleys) conforming to cycles in all three time frames. |
| CCI-P | Commodity Channel Index Peaks | Indicator that measures overbought vs. oversold levels by virtue of today’s price distance from the statistical mean price. |
| CHA-D | Chaikin Level Divergence | Draw the Chaikin Oscillator (see CHA-P). The divergence pivot point method is used to identify divergence from a prior pivot point of the oscillator. |
| CHA-P | Chaikin Level Peaks | The Chaikin Oscillator rises when prices advance on higher volume, and goes negative on price declines on high volume. A reversal in the indicator indicates that the current trend in accumulation or distribution could be reversing. |
| CN-BH | Candle Pattern: Belt Hold | Pattern formed by a range which extends in the direction of the close. A Bearish Belt Hold exists when the High equals the Open and the Low is below the close. Similarly for the Bullish Belt Hold. |
| CN-CA | Candle Pattern: Counter Attack | Occurs when the market reverses direction violently to arrive at the same valuation as a prior period. |
| CN-DS | Candle Pattern: Doji Star | Occurs when the closing price equals the open. |
| CN-EL | Candle Pattern: Engulfing Line | Occurs when today’s range encloses or “engulfs”‘ the prior day’s range, thereby indicating great market strength in the direction of today’s close. |
| CN-HAM | Candle Pattern: Harami | Just the opposite of an engulfing line; yesterday’s body engulfs today’s, with opposite color for the two. |
| CN-HMR | Candle Pattern: Hammer/Hanging Man | The Hammer pattern is formed by a short body at the top of a long tail. They indicate indecision in the direction of the trend. A solid hammer which occurs at the end of an uptrend is called a Hanging Man. This type of Hammer indicates the market’s propensity to sell off sharply. |
| CN-IHM | Candle Pattern: Inverted Hammer | Just the opposite of Hammers; a small body occurs at the bottom of a long tail. |
| CN-MES | Candle Pattern: Morning/Evening Star | A Morning Star is formed when a small body is located between two other bodies so that it appears below (or above) the other two. An Evening Star generates a sell signal when a small body is located above two surrounding candles. |
| CN-PL | Candle Pattern: Piercing Line/Dark Cloud | Occurs when today’s candle “pierces” the range of the prior day, in the opposite direction. The Bearish case is also called a Dark Cloud Cover. |
| DMI-C | +DI/-DI Crossover | Directional Movement comprises ADX, and has two components, +DI to measure movement to the upside, and -DI, for the opposite. When these two lines cross each other, the market is typically moving from one trend direction to the other. The period for DMI is optimizable. |
| GAP-B | Gap Breakout | This system issues a long signal when price gaps up by a certain percentage or multiple of ATR (average true range). Similarly, it issues a short signal when price gaps down by a specific amount, or more. |
| KBA-C | Kirshenbaum Band Crossover | Measures market volatility using standard error of linear regression lines of the close. The effect is that they measure the volatility around the current trend. |
| MAC-D | MACD Divergence | Looks for divergence between the MACD line and price. This divergence is measured using the pivot point algorithm. |
| MAC-M | MACD Crossover | The MACD is constructed by plotting the difference between a 12-period exponential moving average and a 26-period moving average. A third moving average (the “trigger”‘ line) generates trading signals when the MACD line crosses the trigger , in the direction of MACD. |
| MFR-B | Money Flow RSI Breakout | This indicator has long been a favorite among AIQ users, and basically measures the amount of money flowing in or out of a particular stock. When Money Flow moves through zero, it is a sign that a given security is being accumulated or distributed. A separate moving average is provided to smooth the swings. The period used for MFR and the moving average period are both optimizable. |
| MFR-D | Money Flow RSI Divergence | Divergence, applied to Money Flow RSI. The system trades when MFR diverges from price. The same parameters can be optimized for MFR-D as for MFR-B. This system makes an excellent reversal indicator. |
| MOM-P | Momentum Peaks | Momentum measures the amount a security’s price has changed over the past p periods. This system uses the peak signal method. |
| MV2-C | Two Moving Average Crossovers | The “faster”‘ or shorter-term moving average will rise above a longer-term one, thus giving rise to a system that is in the market on the side of the faster average. |
| ROC-C | Price Rate of Change Crossover | Measures essentially the same phenomenon as MOM-P, but expresses the relative price movement as a percentage. |
| ROC-D | Price Rate of Change Divergence | Not available. |
| ROC-X | ROC +6/-6 Crossover | A classic +6%/-6% crossover system, which trades when the oscillator moves through +6% to the downside (short) and -6% to the upside (long). The period for ROC and the percentage level can both be optimized. |
| RSI-C | RSI +70/+30 Crossover | The Relative Strength oscillator (RSI), as defined by Welles Wilder, using a classic crossover interpretation. The system trades when RSI crosses through +30 to the upside (long) and +70 to the downside (short). The levels and periods for the RSI calculation can be optimized. |
| RSI-D | Relative Strength Index Divergence | Divergence trading signals occur when an indicator is sloping away, or “diverging” from the price trend. |
| RSI-P | Relative Strength Index Peaks | Based on the notion of comparing “up”‘ days with “down” days, according to the theory that overbought levels follow a disproportionate number of periods in which the market advanced, whereas oversold levels generally occur after the market has declined for a significant number of periods. |
| RWI-B | Random Walk Breakout | Random Walk was defined in Technical Analysis Of Stocks and Commodities by Michael Poulos (see TASC, January 1992 and September 1992). Random Walk calculates how much price should move over a given period if its movement were purely random. When price moves past this level, it can be assumed to be trending in that direction and the system will issue a signal. The maximum look-back period for Random Walk is optimizable in this system. An excellent system. |
| SAR-C | Stop and Reverse System | Stop and Reverse is defined in “New Concepts in Technical Trading Systems”, and is a good system for calling reversals after long moves. SAR detects changes in direction by tightening stops of a position until it is exited by a crossing through the stop level. There are several parameters which comprise SAR, all of which are optimizable. |
| STO-C | STO +80/+20 Crossover | This is the classic Stochastics system which was included in our original systems for MetaStock. The system trades when Stochastics crosses +80 to the downside (short) and +20 to the upside (long). All parameters, including levels, %K and %D periods can be optimized. |
| STO-D | Stochastic Divergence | The stochastics plot is drawn, and then divergence is measured using the indicator pivot point algorithm. |
| STO-M | STO Classic %D | Moving Average Ts when the %D line crosses the %K line above given level (short) or below a given level long). Another “classic” interpretation of stochastics. The signals generated by STO-M are slower than those given by STO-P, but are also less likely to trade against the trend. |
| STO-P | Stochastic Peaks | Stochastics measures the relative position of today’s close to the range of price action over the past p periods, and are based on the observation that price will typically extend to the end of a range before reversing. |
| TLN-BL | Long Term Trend Line Breaks | Built-in automatic trendline algorithm generates a “breakout” signal when an existing trendline is violated. |
| TLN-BM | Medium Term Trend Line Breaks | Same as TLN-BL, except medium trend lines. |
| TLN-BS | Short Term Trend Line Breaks | Same as TLN-BL, except short trend lines. |
| TLN-R(L/M/S) | Long Term Trend Line Reversal | Built-in automatic trendline algorithm generates a “reversal” signal at the long (medium/short) term trendline. |
| TRU | Trend Rule Trading | Looks for higher pivot points to go long and lower pivot points to go short, in the medium timeframe. |
| TRX-D | TRIX Divergence | Divergence on the TRIX (Triple Exponential Moving Average) plot using the pivot point algorithm. |
| TXM-FP | TRIX Momentum Fibonnaci Peaks | The 8-period, 13-period, 21-period TRIX momentum oscillators are used to arrive at the composite indicator. |
| TXM-P | TRIX Momentum Peaks | Yesterday’s value of TRIX is subtracted from today’s value to obtain a “momentum” curve which gives early signals. |
| VAP-B | Volume Accumulation Percent Breakout | Measures relative change in accumulation and distribution to detect places where the market is changing its perception about a security by taking a more active role in buying and selling it, relative to the immediate preceding time period. |
| VAP-C | Volume Accumulation Percent Band Crossover | A move above the threshold occurs at the same w/ time as price crosses a trading band. |
| VAP-D | Volume Accumulation Percent Divergence | The volume accumulation percent plot is drawn, and then divergence is measured using the indicator pivot point algorithm. |
| VOL-C | Volume Climax | System that attempts to identify situations in which prices reverse in the opposite direction as volume declines. |
| VOL-T | Volume Trend | Defines the average volume move over a period of time, then notes the values which occur above this level. A signal is given when price increases or declines at the same time as volume rises or falls. |
| VTY-B | Volatility Breakout | Based on the fact that as markets break out to new highs or new lows, they typically exceed current volatility and range movements by some amount. |
| WLR-C | WIL %R -20/-80 | William’s %R oscillator, with classic crossover Crossover. The system trades (long) when William’s %R crosses -80 to the upside, and short when the oscillator crosses -20 to the downside. The values for period and crossover levels are both optimizable in this system. |
| WLR-D | Williams %R Divergence | Williams %R ( an “inverted, nonsmoothed” Stochastic oscillator) plot is drawn and then divergence is measured using the pivot point algorithm. |
| WLR-P | Williams %R Peaks | Turning points of the Williams %R are determined. |
OmniTrader Editions
Reviews
New post
System Requirements
To run OmniTrader, Nirvana Systems recommends that your system meet the following requirements:
- Pentium 4 microprocessor
- 512 MB of memory for End-of-Day version and 1 GB for Real Time version
- Windows XP or Vista
- Microsoft Internet Explorer version 5.5 or higher
- Minimum screen resolution of 1024 x 768 pixels
- 2 GB of free hard disk space
- CD-ROM drive
- Internet access to obtain daily quotes
Price data service. Refer to Data Vendors Supported by OmniTrader in this chapter for a list of data vendors supported by OmniTrader.
Additional Real Time Requirements
In addition to the general system requirements of OmniTrader, the Real Time edition requires streaming delayed or Real Time market data.
The amount of RAM memory your computer has determines how many symbols you can follow with OmniTrader Real Time. The more RAM in your computer, the more symbols you can track.
click here for a larger view