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I started using MetaStock about 4 months, while it is a fairly powerful
software it requires quite a bit of manual manipulation to get any
result. Worse when there is so many indicators/systems/stocks to test.
So I am thinking of getting a complementary product, OmniTrader, to
highlight the ones worth looking at. Then analyse these with MetaStock.
For those who don't know about OmniTrader, it is less customisable then
MetaStock but comes with trading models built-in (similar to those in
MetaStock). It claims that it can automatically apply all test on all
stocks and generate buy/sell signals. Secondly, it analyses these
buy/sell signals to recommend a course of action over a period of time.
Finally, the performance statisitcs give an indication of the accuracy
of its past recommendations. OmniTrader is produced by Nirvana
(www.nirv.com).
Does anyone have positive or negative experience with OmniTrader? Any
comments will be appreciated.
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