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RE: Omni Trader 3.5



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> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of John Scudiero
> Sent: Thursday, August 06, 1998 1:14 AM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Omni Trader 3.5
>
>  OT is the complete opposite of a trading system methodology.  It
> optimizes
> indicators against  a data range you chose, the intent is that the price
> trend of the immediate future is the same as the existing past, thereby
> giving you excellent readings based on the indicators.  And so
> many days in the future, you re-run the indicator test  to reoptimize
them.

In my opinion this means that you have been trading with the wrong
parameters for your indicators. Afterwards you can say which parameter you
should have taken. Pretty frustrating if you ask me ;-)

Regards,
    Jan Diederik

For the record: I never optimize; I usually take Fibonacci numbers.