OmniTrader

Hi Fellow traders,
I have been out of the markets for a while, and now getting back in want to make better use of Omnitrader that I have had for a year or two. I had been trying to use it with Sharescope but the data transfer was such a pain that I ended up just doing TA through sharescope.

Does anyone know which is the best data feed to use with Omnitrader please, it would have to simple as my computer skills are pretty limited.

I am new to T2W and have so far found it very enlightening. So far I have saved $2900 as I was close to being reeled in by the sales guy pushing Vantage Point. Thanks very much !!

Regards

Dave

The easiest to use is the "easy" data that Omnitrader provide, (EOD) and it also allows updating during the day and on demand download so if you have an EOD strategy you can run through charts just before close and see if they would give signal then place order that day rather than next morning when it may gap.

Other than that if you want something cheap go for something like databull which will allow you to download free Yahoo data in Metastock format (which Omnitrader reads)

PS I think the Omnitrader EOD was around £10 per month. All that said it is only for US stocks and Mutual funds so it depends on the markets you trade.

Thanks,

I am looking to trade spreadbet some FTSE stocks to supplement my other trades, so databull looks like the best option.

Thanks again

Dave

Yep i would say you are best with databull then for a low cost solution on UK stocks.

You might also want to see how much Ed Downs and his crew will charge you for an upgrade to the 2004 version as the way the signals changed mid trade in the older versions was a bit unhelpful to say the least.

Thanks, that is useful to know

I have e-mailed his support team for a qoute, but from what other people have posted about the support team I won't hold my breath!


Dave

Where did you buy Omnitrader from? Maybe your supplier also supplies uk data. So far, I have found Omnitrader support to be dreadful.

I bought it through a guy called Chris Byers, can't remeber his company right now but he is the UK agent for Nirvana.

Chris Byers is the UK agent, and very helpful
His website is
http://www.signaltraders.com/