Hello Traders,
Just wanted your expert advice on Omnitrader(07&08), as a newbie to TA and charting is it advicable to use OT to start with, as i have heard that it is just a blackbox only helpful for datamining or screening purpose, so for learning and my own system development process will it be useful?? if not why??OR This automated signals can also help me learn the reason behind it and in a way TA?? it also has inbuilt stimulator etc, does it works ok?
I am mainly looking to trade intraday using 1, 5, 20 min data. I am aware that no such blackbox can generate profits but still is it capable of generating 40%wins??
Any advice or criticism would be deeply appreciated.
Regards
Just wanted your expert advice on Omnitrader(07&08), as a newbie to TA and charting is it advicable to use OT to start with, as i have heard that it is just a blackbox only helpful for datamining or screening purpose, so for learning and my own system development process will it be useful?? if not why??OR This automated signals can also help me learn the reason behind it and in a way TA?? it also has inbuilt stimulator etc, does it works ok?
I am mainly looking to trade intraday using 1, 5, 20 min data. I am aware that no such blackbox can generate profits but still is it capable of generating 40%wins??
Any advice or criticism would be deeply appreciated.
Regards
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