JustData
  Products > Software > OmniTrader

OmniTrader

By automating technical analysis, OmniTrader gives you the power to make decisions fast!. Since 1994, OmniTrader has been generating confirmed buy and sell signals, helping traders and investors trade the moves.

OmniTrader will maximize your use of time - the most precious commodity you have as a trader. There are a lot of software packages available for traders. Most of them come with technical indicators and trading systems, and some even have rudimentary system testing features. But none of them automates the ENTIRE process of figuring out which systems to use, and then actually uses them to find and trade the big moves.

OmniTrader

Total Automation
OmniTrader is 100% Automated. Push ONE button, and OmniTrader will collect the data it needs, update the portfolio, analyse each symbol and generate targeted buy and sell signals for each symbol in your list.

Focus List
The Focus List provides one convenient location from which to review charts and manage positions. Click any line to see the chart which fired the signal. The Focus Lists is a powerful, time-saving trade management feature.

The Trade Processor
This tests multiple Trading Strategies on each individual chart, and only those strategies that are working well are used in the future. The result is higher quality, fully-automated buy and sell signals.

Multiple Strategy Voting
The Vote Line is the distillation of OmniTrader's massive analysis. The resulting signals, "voted" from all Strategies which have been activated, are shown along with their exits. Reports are available that show the profitability of the Vote Line.

Time Synch
Time frames can be synchronized so that all charts pan and zoom at the same time. This makes it helpful to stack multiple charts and compare them - a fabulous feature for trading industry group rotations.

Advanced Charts
Automatic Trading Assistants are provided for Trend Lines, Fibonacci Retracements, Support/Resistance Lines, and Candle Patterns. As these patterns are detected, lines are automatically generated with special "tags". Click a tag and the Assistant will display text that explains the pattern.

Advanced Tools
OmniTrader comes with a host of advanced charting features, including trend lines, a fibonacci calculator, and text annotation. Inserted text automatically scales with the charts.

Chart Book
The Chart Book is another important OmniTrader innovation. Define a "tab" for a select group of charts, and label it (such as, 'Banks'). Whenever you want to see the charts again, click the tab. Quick, easy and automatic.

System Information Display
OmniTrader is NOT a 'black box' system. Every technique is exposed so you can understand precisely where the signals are coming from. The System Information Display below the chart lists all Strategies which are active, and displays their signals. You can alter the parameters of any Strategy, and create your own custom variations through the Strategy Flow Chart editor.

Built in Money Management
Identifying profitable candidates is an important first step, but to trade successfully, you have to know when to get out of a trade. OmniTrader's Stop Control feature helps you establish exit points so you can manage your trades more effectively.

The Trading Game
The Trading Game simulates the market environment. A "bank" holds your trading capital, and an equity curve tracks your results against time. It's an engaging way to learn how to use the Buy and Sell signals, set stops, and react to what is happening. You learn the software as you gain the confidence you need to "pull the trigger" in real trading!.

Lab Mode
Lab mode enables you to simulate trading a portfolio of stocks, futures, or mutual funds. Using Lab Mode helps you increase your understanding of the value of managing a portfolio, while learning first-hand how to manage risk.

To get more information on the features of OmniTrader, click here.

OmniTrader is a product of Nirvana Systems, Inc distributed by CorporateDoctor.com.au.