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How
do I Edit Easy Data Symbols that have changed name
or exchange?
Click
the pencil icon on your focus
list toolbar and remove the symbols
from your focus list. Find the
symbol on the US Stocks tab,
highlight it and click the Edit
button at the bottom of the screen.
Make necessary changes to the
value column.
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How
do you add an overlay to a chart?
Click
on the Configure the Focus list
icon (F Wrench on the focus list
toolbar) and highlight ‘Overlay’ from
the Profile Statistics Column.
Click the ADD arrow to move it
to your Focus List. Click “OK” to
save your changes and click on
the empty space in the Overlay
box. A list of the symbols contained
in the profile will appear for
you to select which chart you
would like to overlay.
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I’ve
got a bad tick. How do I fix it?
If you are getting data from an Easy Data Provider such as Hyperfeed, highlight
the symbol in your focus list, right click and select Delete data, All
data and then Delete. Once this has been done, run your To Do List again
to recollect the corrected data. In a real-time profile, you can highlight
the symbol in your focus list, right-click and select reload data.
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Why
am I not getting a signal on a certain stock?
OmniTrader is a prospecting tool. It will not find signals on every symbol
in your list at all times. A blank in the signal column indicated that
OmniTrader has generated signals in the Backtest period. They can be viewed
by scrolling out to a larger timeframe in your chart
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Why
do my signals change?
Since we view OT as a prospecting tool, we are looking for trade opportunities
- once OT has presented us with a good candidate, visual chart pattern
confirmation or use of other tools (system plots, weekly confirmation,
etc.) in OT are used to confirm it.
So,
what happens when we take a trade and the signal
changes? As Ed Downs says, 'trade outside of the
vote line'. This means that OT has helped us find
the candidate but once we are in trade, the vote
line is of small concern as OT has basically done
its job.
In your example, OT gives us XCY as a candidate and we then confirm it
with chart patterns, primary market direction analysis, etc. We take a
long position based on our analysis. The next day OT fires a short - are
our reasons for entering the long trade still valid? If the answer is yes,
the short signal is of little concern. If our reasons are not valid anymore
(an OT signal is not a reason to trade, only an opportunity), then the
chart would identify that for us, and we would rethink our position regardless
of a short signal or not.
The Signal Watch website is a perfect example of this theory in action
- the Signals section gives us opportunities, and some are taken in the
Trades section as actual positions. However, our Trades section uses the
chart and additional analysis to manage trades once we have entered a position.
In fact, we do not even show the vote line in that section to better illustrate
this point.
A signal in the opposite direction is viewed by some as a sign of weakness,
but always keeping in mind that OT is a prospecting tool will help you
look beyond the vote line on trade management decisions and become a more
successful OT user.
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I
lost the Symbol Box (Quick Chart) at the top of my
Screen, how do I get it back?
Click on View, Toolbars and find Quick Chart. Put a check in the box next
to it and click OK. From there the toolbar will appear in the middle of
your screen and you can click and drag it back to its original position.
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How
do I add more Data Periods to Real Time?
Click on Edit and Data periods. Click on the Add button and then put a
tick in Minute, Daily or Weekly. If you are choosing minute then type in
the time period of minutes you want. You can leave the bars to be loaded
as the default unless you are looking for more data. Put a check in To
be Voted as well as Create Systems based on 5 minutes.
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Why
do I not see 5 or 15 min time frames; I only have
the Daily/Weekly options?
You may not be in a real-time profile. If you are using one of our installed
profiles, it will have an RT prefix. If you created the profile you should
have an RT icon on your main OmniTrader toolbar. If you have the To-Do
List in place of RT you are in an end of day profile. You will need to
create a new profile from the File menu or switch to (File, Open) one of
the installed real-time profiles.
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How
do I make a new Focus list?
Click on File, New and Type a profile name, select the type of profile
you would like to create and designate it end of day or real-time by checking
the appropriate box.
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I
received an error 429 Active X Component cannot
be created, how do I fix it?
Close all programs and insert your OmniTrader CD in the CD drive and re-run
the installation. During the installation you will select the repair option
and next. You do not need to overwrite your profiles or your portfolio.
Restart your system and OT will start.
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How
do I get all the optionable symbols in to one list?
Click the Pencil Icon, click on Configure and ADD in “Exchange” and
then “OK” once you have done that you will be able to Sort
on the Exchange column and add in the Symbols for that Exchange.
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Can
OmniTrader use ASCII data?
No, OmniTrader can read data in MetaStock, Worden Brothers, AIQ and CSI
formats.
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How
do I connect to my Broker using OmniTrader?
A: OmniTrader 2003 and prior versions do not have direct connections to
brokerages.
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I
trade symbols on a non-US market. Sometimes I bring
up a chart and the US symbol name is displayed
at the top of my chart. Why does this happen?
The problem occurs when user data symbols and easy data
symbols overlap. Though your Exchange editor in OT is set to your local
exchange, the symbols in the easy data database are set by default to the
NASDAQ or NYSE exchanges. This setting is over-riding the exchange editor
settings. The solution to this problem is to delete the symbols from the
easy data database.
Please follow the steps below:
1. Click Edit, Exchange Information and set the default exchange for
the market you are trading
2. Click the pencil icon
3. Select Easy as the data source
4. Select the US Stocks Tab
5. Highlight the symbol at the top of the list
6. Drag the scroll bar on the right side of the database window half way
down the page
7. Hold down Shift and select the bottom symbol (it will take a minute
for the highlight to show as it has a long way to scroll)
8. Once all the symbols are highlighted, click the Delete button at the
bottom of the symbols database
9. Repeat steps 4-7 for remaining symbols
10. Click OK to save the changes
It
may be necessary to add some of the symbols that
previously overlapped back into your focus list.
If you see error 3167 when clicking through your
focus list, simply add the symbol that generates
the error back to the focus list from your user data
folder to re-establish the path.
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How
do I Add Forex Symbols?
Forex symbols must be added into a stocks profile in OmniTrader. Because
of the difference in the Fore exchange they cannot be added into a Futures
profile. You can add the symbols by using the Quick Chart function in the
top toolbar and typing in the symbol name, pressing enter on your keyboard
and then giving the new symbol a name and clicking okay.
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I
am getting error 3343 how do I fix it?
Please follow the entire path for the error message (Ex: C:\Program files\Nirvana\Data\Symbols32.mdb).
The last file in the path has become corrupted and you must delete the
file from your hard drive. In this instance it would be the Symbols32.mdb
that needs to be deleted. You can do this thru either Windows Explorer
or My Computer. Once you have deleted it you may need to reinstall from
the disk to replace the file if it was anything other than one of the profiles
in OmniTrader.
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Are
list in OmniTrader (NASD100) Updated Manually?
Yes,
Profiles in OmniTrader are updated
manually via the To-Do List or
you can use AutoMode to automate
the update process.
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How
do I set up my Data?
Click on View, Data settings and Select your data provider.
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I am using Worden
Brothers TC2000 for my data vendor. I have noticed
that the backtesting takes a very long time.
What am I doing wrong?
There is an easy solution to this one. Click
on View, then System Testing, and place a check in
the box where it indicates "Limit Data to forward and
back test periods.
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How
often is C.O.T. data updated?
Every two weeks on Tuesday. It is usually
posted by the Tuesday after it appears on the governmental
site the previous Friday.
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How
do I get the C.O.T. data to display on my charts?
Go to View, then Chart Options, and select
the "Misc." tab. Make sure "Net Longs" is checkmarked.
This will instantly bring it up on the charts. This
only works on Futures Data.
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What
do the little numbers signify on the voting line?
These are voting line stop codes. Please
see the Stop Codes Table for more information.
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