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Hi
OmniTrader 2004 rocks!
OT04 is a majot upgrade and VERY different then OT2003 which I agree with jnk1997
on beeing slow on RT(realtime). However it was fine on EOD. There were/are ways to
make the signals not to change and one has access to a lot of Trading Models and
strategies configurations.
I use it successfuly on e-minis - no problems with slowness on any time frame
dealing with 2 symbols only
There is also so called ARM plug in as an option( it was on OT03 - no idea what's up
with that now)
The prices ranges between $495 -$995 depending of the "Edition"
There is a very good and active board on their site.
Having said all of the above ( and I can go in a lot more) I think is not a replacement
of AB but a complementary product.
I use both with more weight on AB for scans and backtests.
I do some scans in OT and then use AB on intraday
My main use of OT is on e-minis and is doing a great job.
However my favoritefor intraday is not OT or AB but VisualTarder form the makers of
OT.
For stock selections AB is unbeateable and is my work horse in that.
I strongly advise if you already got OT to get AB also
if OT04 rocks AB rocks and roll.
The best around
Disclaimer ( I tried them all:)
gl
adrian
--- In amibroker@xxxxxxxxxxxxxxx, "jnk1997" <jnk1997@xxxx> wrote:
> I tried the latest version of Omnitrader (I think)in March 2003.
>
> It was a waste of time, period. Omnitrader is slow, it is a total
> memory hog, and signals do change (Hey ! didn't it say buy QQQ
> yesterday???). The catch with Omnitrader is that once you get the
> software and play around with it, they try to sell you on their
> Omnitrader club where improved signal reliability is "claimed". The
> cost? $3,000 bucks I believe.
>
> If you can't verify your systems signals on the charts and have those
> signals stay constant day after day, well, you may as well go to a
> casino and roll the dice!
>
> I have been using Amibroker for 21 months now and it is by far the
> best I have ever used for charting, testing and implimenting
> mechanical trading systems at ANY price.....AND I have had great
> trading success using Amibroker using ideas and formula's (and a few
> of my own "modifications) presented here.
>
> By the way, Omnitrader does not have an active board like Amibroker
> and the formula's and ideas presented here are thought provoking and
> will open your eyes and imagination.
>
> When it arrives, send it back (I didn't have any trouble getting a
> refund after 3 weeks).
>
> As a matter of fact, why don't you just take the small plunge and get
> started with Amibroker right now? The latest version 4.50.2 is
> absolutely awesome!
>
> Regards
>
> Jim
>
>
>
>
>
> --- In amibroker@xxxxxxxxxxxxxxx, "aadicker698" <aadicker698@xxxx>
> wrote:
> > I had purchased OmniTrader two days ago, and am awaiting it's
> > arrival. Then, yesterday, I ran across the Amibroker site and
> loved
> > what I read. Has anyone ever used OmniTrader? Would it be worth
> my
> > time to learn it, or should I focus on learning Amibroker? All
> > honest and frank suggestions/opinions would be greatly appreciated!
> >
> >
> > Anthony
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