Omn*******

This is a discussion on Omn******* within the Trading Software forums, part of the Commercial category; Just downloaded a demo of Omn*******. Looks impressive - does anyone else use it? If so, how do you find ...

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Old Dec 11, 2000, 9:00pm   #1
Joined Nov 2000
Just downloaded a demo of Omn*******. Looks impressive - does anyone else use it? If so, how do you find it? Is it easy to configure, and does it live up to the hype? Does it have any problems/ annoying glitches? I'd be interested to know - I am only doing well enough to buy one piece of software at the moment, so I want to make sure its the right one!!
Thanks for your help
Mark



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Old Dec 11, 2000, 9:40pm   #2
Riz
Joined Nov 2000
Hi Mark,

I don't use it..but I am also interested..can you tell me how to download the demo?

by the way I am glad you're over the exams and back and around...

rizgar
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Old Dec 11, 2000, 10:29pm   #3
Joined Nov 2000
I have been using for a couple of months now and it has more than paid for itself.See the recent thread EDS problem(ARK) for some more comments but I basically like its "adaptive" approach whereby it optimizes (via backtesting) all the parameters of all the various indicators to produce the signals which are CURRENTLY working best.These will almost certainly change the next time the tests are run (usually every 5 days) to reflect the market at that time.In this way it attempts to provide good indicators in trending markets and in trading-range markets.By using various filters you can reduce the number of signals to look at to a reasonable size and do further research on these stocks.I know lots of you use AIQ which I tried but found it did not suit me so I am very happy with OT.No real glitches to speak of and Chris Byars and the support team in the U.S. are very helpful.My only real problem at the start was to want to trade almost every signal it gave which was stupid since it(like everything else) is not perfect but I soon learned to wait for confirmations,"filter" the signals myself and now feel much more confident that I can make a successful trade(and it gave me OGS for this morning!)
Good luck!
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Old Dec 11, 2000, 10:50pm   #4
Joined Nov 2000
titus-uk started this thread Hi spock - glad you answered as I knew you recently bought it. Stupid question, but its an American tool - was it easy to conform it to UK stocks? Does it tell you where to download the info? And most importantly, can someone who is only vaguely computer litereate use it easily!?!

Riz - hope you are well. Yep - finished the exams but didn't pass - only 30% did, and as it was my first time, the odds were against it. Have to try the Edinburgh one in April.

The address I went to was: http://www.omn*******.com/omn*******/index.htm
From there, click "free vid and demo", fill in some contact details, then it allows you to download the demo. Whilst I will check metastock, I have to say I am impressed. And I know Dr Iraj liked it, which is a recommendation in itself. Tell me what you think.
Any more comments from other users will be most welcome!
cheers, Mark
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Old Dec 12, 2000, 6:15am   #5
Joined Nov 2000
Titus-
No problem with U.K. stocks on OT and can seemingly use almost any data provider though I found it very difficult to use Prestel because you need extra software and like you I am completely computer illiterate.
I now use Regisdata but Chris Byars will recommend a few providers that make life simple.

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Old Dec 13, 2000, 10:36am   #6
Joined Nov 2000
titus-uk started this thread Thanks Spock for getting back.
I only have the addres of the US omn*******, but I have heard Chris Byars name mentioned in the past. Do you have contact details for him? Much appreciated if you could post them.

Riz - did you get the demo? What did you think? Interested to get your thoughts. I am also going to get the demo of metastock just to see from the address given by John. Keep you posted,
Mark

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Old Dec 13, 2000, 4:28pm   #7
Joined Nov 2000
Titus-
Chris Byars is at Signal Trader-0207 352 8179
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Old Dec 13, 2000, 6:51pm   #8
Riz
Joined Nov 2000
Hi Mark,
I haven't been able to work on omn******* yet..but I am interested and following your thead in this regard..please keep posting and I'll try and join you soon..wondering how much the whole packet including data feed will cost..

cheers..


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[This message has been edited by rizgar (edited 13-12-2000).]
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Old Dec 14, 2000, 6:04pm   #9
Joined Nov 2000
titus-uk started this thread Cheers Spock - spoke to Chris this afternoon - really helpful chap. Just to let you and Riz know, I've gone for the 60-day trial - after loking at both it and metastock, it really gives me what I am looking for.

Riz, in addition, it looks like you get good support. In addition, as well as helping you set it up, Chris also says that he will help you with the settings - to tweak things - he has a lot of experience with it (obviously) and has made a few fine adjustments for the UK markets. I guess its in their interests to help - as you will keep the product at 60 days, and recommend it to others! However, I am confident that this will take me to the next step in my development! Keep you informed
Mark

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Old Dec 14, 2000, 10:25pm   #10
Joined Nov 2000
> titus

Are you getting a 60 day trial.. does it cost or what is the deal. I thought you couldn't get a trial period with OT. I'm about to try metastock. You certainly have to have a hands-on trial of the various software packages rather than buying from a demo disc.
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Old Dec 15, 2000, 12:38am   #11
Joined Nov 2000
titus-uk started this thread Cigar - I should rephrase it as a "no obligation, money back guarantee, should you not be trading better than you were before." Which is really the same as a trial in my eyes!! However, from the demo, I do have high hopes....of course, it will take time to learn how to use it first, but I think that it will significantly improve my returns. For the record, it costs £299. However, IF it does what it says, this will prove to be a small investment.
Mark
ps. you do have to subscribe to an end of day data provider, that costs between £15-£25 per month, depending on the quality you desire.

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Old Dec 17, 2000, 3:18pm   #12
Riz
Joined Nov 2000
Hi Mark,
I got the Demo and decided to go for 60-day-trial..going to ring Chris next week..keep posting how you get on with it..
cheers..

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Old Dec 17, 2000, 4:07pm   #13
Joined Nov 2000
titus-uk started this thread Hi Riz......got Omn******* on friday. Unfotunately, my data disc has not arrived so was not able to set it up this weekend. However, it looks easy to use, and impressively put together. Will spend a month paper trading with it first, to understand its strengths and limits. No bad thing in this market climate! Will probably us it to trade for smaller percentages - but more often, than for waiting for large moves - in this market, they never seem to come!!
Keep you informed of my progress,
Mark

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Old Aug 13, 2001, 11:21am   #14
 
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Omn*******

Hi Joe,

I have just bought Omn*******. I have prestel feed and am trying to get omn******* to work with my AIQ data. Unfortuntately omn******* is only regonising the names and symbols of stocks and does;nt seemt o find any data from my AIQ directory. My AIQ trial version works fine. I have used the AIQ patch that omn******* provide..could u please help me. thanks in advacne
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Old Apr 10, 2008, 10:45am   #15
 
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Omn*******

Hi,
I am interested about it. So how to download the demo?
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