OmniTrader 2008 - advanced stock trading system software
Admin note: There are two editions in OmniTrader 2008 - Real-Time and Pro (click here to view the differences).
Some people claim it is OmniTrader Pro but it turned out to be Real-time only.
This is the truly Pro edition (tested and confirmed).
OmniTrader 2008 is the only stock trading system 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 stock 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 a 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
PERFORMANCE
The five new strategies included in OmniTrader Pro are the most powerful we have ever released with any version of OmniTrader. These strategies are generating ACROSS-THE-BOARD profitability in Forward Test data.
PROGRAMMABILITY
Anyone can create or add Trading Systems, Indicators, and Exits right inside OmniTrader Pro, using the most friendly language in the world - OmniLanguage! It's the real easy language. The built-in development environment comes with a Help System and a complete Indicator Library that make it easy to implement trading ideas, even for those who know nothing about programming.
AUTOMATION
OmniPilot, our new, blockbuster automation product, acts as an autopilot for OmniTrader. It can run OmniTrader like a user would. You have tested and are comfortable with a strategy; you can have OmniPilot run it for you, alerting you to signals or trading the strategy automatically.
OmniTrader PROFESSIONAL with Nirvana’s OmniPilot
Includes:- 5 Powerful Strategies
- Ability to Add Trade Plans to Strategies
- Ability to Write Systems, Indicators & Exits (with samples included)
- Access to the OmniTrader Pro Forum
Enables you to:- Walk-Forward Test Any Strategy
- Conquer Your Trading Emotions
- Gain Discipline in Your Trading
- Profit from the Big Moves in the Market
- Automate Your Trading!
Awesome Performance Gains!
Using the new tools in Pro, we created five new strategies, ALL of which are demonstrating Forward Test profitability (see table below).
This is a landmark achievement -the first time we have been able to achieve Forward Test profitability across the board in ALL of our strategy approaches. Where else can you get this kind of trading power right out-of-the-box? No other software in the world can even come close to the performance of OmniTrader Professional.
Trade Plans Improve Performance
One of the most powerful features in OmniTrader Pro is the inclusion of Trade Plans in strategies. This feature has allowed us to significantly improve performance using advanced money management techniques.
100% PROGRAMMABILITY with OmniLanguage
The New Standard for Trading Strategy Development
You can implement your trading ideas directly in OmniTrader Pro! With OmniLanguage, we have redefined the ease and simplicity of developing trading strategy ideas.
OmniLanguage is based on Visual Basic. It's the real easy language. But having a great trading language is only half the solution to working on new system ideas.
System Testing Advantage
OmniLanguage is based on Visual Basic .NET, the latest technology from Microsoft. We recently compared OmniTrader Professional against TradeStation® and MetaStock® - measuring the rate at which system tests can be run. The results were pretty amazing. OmniTrader Pro can test 10 Systems on 100 Stocks in about 2 minutes. To do the same job, TradeStation takes over an hour and MetaStock over 2 hours.
We know that most people don't want (or know how) to write systems from scratch. And with Pro, you don't have to. The software comes with a collection of powerful trading systems and strategies that are great right out of the box. You can also modify them and try your own ideas. OmniLanguage includes an integrated Indicator Library with clear examples of Systems, Indicators, and Stops. We also provide great code examples on our systems and indicators web site and extra help in our exclusive Pro forum.
The sky's the limit with
OmniTrader Pro!
Powerful Ideas & FREE Downloads
We want to empower our users to be the most successful traders and investors in the world. So, in addition to superior technology, we are providing new, innovative ways to assist you in system development and testing. Professional Edition users have access to the
Professional Systems and Indicators web site. We review the most recent trade journals, including
Technical Analysis of Stocks and Commodities (TASC), Active Trader, Barrons and select web sites that feature trading system ideas, and implement them in OmniLanguage for the convenience of our Pro users as FREE DOWNLOADS.
AUTOMATION with OmniPilot: An Autopilot for OmniTrader Pro!
What if you had an assistant who could run OmniTrader Pro for you to analyze the market and watch for opportunities - to flawlessly run each and every day, keeping you informed and in touch with your money? That's precisely what OmniPilot does.
OmniPilot is an autopilot for
OmniTrader Professional. It can run the To Do List and read the signals. It can watch trades form and complete a specified action at each new buy or sell signal. It even has embedded email capability, so it can send text messages to your remote device - cell phone, PDA, or computer - anything with text message or email capability.
OmniPilot is programmable! The OmniPilot scripts are just small Visual Basic programs. You can tune them to do what YOU want them to do. And, if you don't want to do any script programming, we can help you. Each of the example scripts we provide also has a very simple user interface. Enter just a few parameters and activate them with a click. It's that easy.
Installation Notes, Extra Information and Download/Mirror Links
Included the update to Pre-Release 3e. Thanks to
__DBZ__ and
itrader for the provision.
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