Enhanced Dynamic Strategies Now Included!

The Real Time edition includes all the features of the Stocks and Futures Editions, PLUS the ability to generate Buy and Sell signals on a Real Time basis.  

Most Technical Analysis software can only handle 20 to 50 symbols at a time.OmniTrader Real Time is the only software that can support a large number of symbols, analyzed concurrently.

OmniTrader’s Symbol List can concurrently analyze 500 or more symbols, dynamically identifying Trading Signals across all symbols in the list. OmniTrader Real Time can also calculate Chart Patterns and Setups in Real Time. Load up OmniTrader with a list of your favorite symbols, and wait for the software to generate Buy and Sell Signals as they are discovered.

Improved ACCURACY and DOUBLE the profit per trade!

When focusing on using the new tools in OmniTrader 2011, we improved virtually ALL of OmniTrader’s “base” Strategies, including Reversal, Breakout and Trending – improving accuracy and DOUBLING performance!

In the course of developing Strategies for OmniTrader 2011, we set up a new Profile on the S&P 100 and activated OmniTrader’s base Strategies.

The performance of these Strategies is good:

Higher ACCURACY and more than
DOUBLE the Profit per Trade!

Isn’t that amazing? By using the new Dynamic features of OmniTrader 2011, we were able to dramatically improve profitability, while maintaining or improving accuracy with a substantial number of trades to prospect from.

Recent Signal Examples

Reversal (Stocks) DWC
The first is on BMY, with several Signals from the Reversal (Stocks) Dynamic Weekly Confirmation (DWC) Strategy. By confirming Signals with the Weekly Chart, this Strategy tends to cherry-pick the wide reversal points, as seen in this example.

Signals on BMY from the Reversal (Stocks) DWC Strategy. This
Strategy does a great job of finding wide Reversal Signals.

Trending (Stocks) DO
The next one is on symbol DOW from the Trending (Stocks) with Dynamic Optimization Strategy. This particular Strategy optimizes specific factors, using OmniTrader’s new Dynamic Optimization feature. Even with optimization, the new Strategies generate Signals that NEVER CHANGE. This was one of the big innovations in the dynamic features of OmniTrader 2011.

Here we see a Signal that was generated on DOW by the Trending (Stocks) DO Strategy – the ideal point to enter a Trend Following trade in this chart.

Discover Dynamic Optimization!

All areas of OmniTrader can be optimized to provide greater profits without the limitations of classic optimization.

OmniTrader 2011's new approach is called Dynamic Optimization. It is yielding the best Signals we've ever seen in OmniTrader, and frankly the best Signals of any software in the world. With Dynamic Optimization, all areas of OmniTrader can be optimized: Systems, Filters, Confirmers, and Exits - without any of the drawbacks of classic optimization!

One of the most visible improvements in OmniTrader 2011 is the Enhanced Focus List. But the really exciting news is OmniTrader’s improved profitability.

Pure Profit Power

Optimization is the process of finding the best parameters for a System or other component through Back Tests.

Typically, a Forward Test is used to determine the profitability of the Strategy. But in order to get meaningful Forward Test statistics, a reasonable number of bars must be used in that period. Forward Tests are typically created one year in length or longer.

With a one-year Forward Test, we can’t see the true value of the Strategy because the market on which the parameters were based could be as much as a YEAR BEHIND the Signals. Markets can change a LOT in a year.

Dynamic Optimization is the elegant answer to this problem. Rather than have one Back Test and one Forward Test, we break up the data into many smaller Back Tests and Forward Tests, and then connect the Signals from the Forward Tests.

Why Dynamic Optimization?

The advantages of Dynamic Optimization are numerous:

• Optimization occurs very close in time to the Signals, which makes them more accurate.
• Signals will never change.
• Results can be superior to those from Mechanical Strategies

As we use Dynamic Optimization on our Strategies, we are seeing higher profitability than on many of our best non-optimized Strategies. This is a significant improvement
to all prior methods of Strategy optimization.

Tomorrow’s Profitable Signals Today!

Classic Optimization: With classic optimization, Strategies can’t adapt to the market quickly. In this chart for SNDK the optimized Strategy is firing against the trend from March through April.

Dynamic Weekly Confirmation

Confirming with Weekly Signals is now significantly enhanced creating better Daily Signals.

You asked for it! You got it! Weekly Confirmation has been one of the hottest topics in the forums. By creating multiple sets of weekly bars that are aligned with the Daily Signals, you can now confirm a Daily Signal against the week that ends precisely on that day.

This feature is one folks have been asking for forever! Weekly Confirmation is the concept of confirming a Daily Signal with a Weekly Signal firing at the same time. The problem is which week do you confirm against—the current or prior week?

If you confirm against the currently-forming week, your Signals have knowledge of the future. If you confirm against the prior week, they are too late. What is needed is a way to confirm on a Dynamic Week, ending on the day of the Signal. In other words, a Tuesday Signal would be confirmed by a Signal in the Weekly chart with weeks that end on Tuesday.

Now, your Daily and Weekly Signals are going to be perfectly aligned. More importantly, they will be more profitable.

All Sessions Toggle for Real Time!

Easily switch between the primary session and all sessions in Real Time with just a single click.

For traders using OmniTrader in Real Time it is important to be able to view the pre-market session. Up to now, this required changing session information in the Exchange Editor. This is no longer necessary. We now have an All Sessions toggle on an OmniTrader toolbar. Just click the tool and all sessions will be displayed. Analysis is available in the Pre-Market, and trades can be placed there and carried into the regular session. Back Test and Forward Test statistics automatically adjust per the viewed data.

Enhanced Focus List

Organize information to make trading decisions easier than ever before.

We’ve upgraded the Focus List to give it a whole new look and help facilitate viewing information in the list. A simple “layout editor” enables you to quickly set up your Focus List precisely the way YOU want it. Just drag and drop the fields you want to see and set their font size and color.

At a glance, you can review statistics, bid-ask pricing, and other
information to help you in your trading decisions. Fonts and spacing can be changed, so you can get a very large amount of information in a small space. The original column method of display is still supported.

Global Drawing Tools

User-configurable to see ALL drawings across ALL timeframes.

This is another feature that has been often requested—the ability to see all drawings across all timeframes. Now, you can see your trend lines, support levels and other drawing tools in all time-frames, so if you draw a line in the Daily chart you will also see it in the Weekly chart or Real Time charts, and vice versa. The feature is user-configurable.

Save Money on Shipping costs!  All Nirvana products can be downloaded. When ordering, specify that you want to download your software. Your Shipping costs will be refunded.

NOTE: In order for OmniTrader to generate buy/sell signals it must be connected to a Real Time datafeed. Compatible Real Time datafeeds are OmniData Real Time, eSignal, and quote.com