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RE: OmniTrader



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I have my very personal doubts about this kind of approach. Another way
arounf was by Greg Morris with a software to evaluate several indicators
together (there was also an article on TASC).
Sometime less is better... still it is the quality of what you put together.

Regards

Riccardo Ronco


> -----Original Message-----
> From: Schedlbauer, Joseph E. [mailto:JoeS@xxxxxxxxxxx]
> Sent: Friday, August 11, 2000 5:31 AM
> To: 'shawnh@xxxxxxxxxxxxxxx'
> Cc: Omega email list (E-mail)
> Subject: OmniTrader
>
>
> Shawn,
>
> OmniTrader is, in my opinion, not a sound trade entry system.  The program
> takes a huge group of bad (i.e. money losing) indicators and looks for
> consensus buy/sell signals.  If enough of these indicators are in
> agreement,
> they flash a signal.  The theory is that 10 "wrongs" make a "right".
>
> 				Joe




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