The Power of EZ-View: On July 10th, OmniTrader fired a Long Signal on Best Buy, and our new EZ-View feature gave us instant confirmation with a Trend Line Break and Multiple Timeframe Confirmation.

Introducing EZ-View

Focus is everything. OmniTrader 2010 brings our powerful indicators together to show you the best candidates—now—in one configuration. The Focus List is now the hottest thing on your desktop! When you fire up the new program, you’re going to be amazed at the quality of candidates you see—with just the click of your mouse. Finding great trades has never been easier—no tweaking or analysis, just great trades in the Focus List. How did we do it? Through the combination of the best Trading Signals in the world, Chart Pattern Recognition AND—Multiple Timeframe Confirmation. Never before has so much firepower been so easy to use.

Blazing Hot Candidates!

When you pull the new version out of your mailbox, make sure you wear adequate protection; this thing is HOT! Once your computer cools off enough to touch the keyboard, bring up a profile and click the EZ button. You’re going to instantly see what I’m talking about. There are only 4 columns in the EZ-View list—a Symbol, a Signal, a Pattern, and our new Setup column. The Setup column combines the best indicators from our trading lab to identify “Setups” confirmed by movement in multiple timeframes. It’s focused firepower! All you do is look for “green-green-green” and you’re good to GO. Or, you can find “red-red-red” for your Short candidates.

This is a phenomenal improvement to a great program—it means spending less time prospecting and more time making money. EZ-View is a significant achievement and I am proud to introduce it to our loyal customers.

The Power

When you click the EZ button in the Focus List, you get a “Setup” column that shows instant confirmation in three timeframes!

The Setup feature packs a lot of information into a very small space. It can be configured to display 2, 3, 4 or more vertical colored bars that indicate bullish or bearish setups in different timeframes.

Setups are like “Color Charts in the Focus List.” In Color Charts, you define one or more formula conditions that render specific colors in the chart. For example, a chart can display a bright green color if MACD is > 0 and rising. Now you can see relationships like this, at a glance, for EVERY symbol in the list.

But that’s not all! You can also tie specific Setups to Strategies. So, if a Reversal Strategy fires a Signal, you see the Setup that supports that trade!

We use this feature to show confirmation in multiple timeframes in EZ-View (see “The Magic of Multiple Timeframe Confirmation, next page). And you can also configure the Setup column to show conditions that you prefer (see right).

The Magic

Multiple Timeframe Confirmation (MTC) and Setups in the Focus List could be the most important elements we have ever added to OmniTrader. When combined, these features offer a level of confirmation that has never been available in any program. Here’s how:

When a bullish situation exists in three separate timeframes—say, Monthly, Weekly, and Daily—the odds of of an upside move in the Daily charts are dramatically enhanced.

That is, if the Monthly chart is near support and the Weekly is turning up, the “Setup” is there for the Daily chart to rally. Using the Setup feature we can show this relationship for every symbol in the Focus List. And, you can sort to bring GREEN-GREEN-GREEN to the top.

Add OmniTrader’s Trading Signals and Chart Pattern Recognition to this display, and you can see how powerful this is. Just run OmniTrader, sort up or down, and voila! Your best triple-confirmed candidates are right there at the top of the list!

Now, it’s easier than ever before to find super-charged candidates using any Strategy.