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tip1
 
What is Easy Data?
Easy Data simply means that OmniTrader downloads your data from your data vendor. There are currently 5 data vendors that can be used as Easy Data in OmniTrader: Hyperfeed, Telescan, eSignal, Interquote and Quote.com. If you are using a data vendor other than one of these, please refer to Chapter 3 of your OmniTrader Guidebook for specific instructions on setting up your data vendor.

Now, let's make sure that your Easy Data vendor is set up properly.

Easy Data Step 1: Run the Data Wizard
The easiest way to ensure that your Easy Data Vendor is set up properly is to run the Data Wizard.

  • Make sure you are in Start Mode by Clicking on the Start icon at the top of your Mode bar or by clicking on the Mode Menu and selecting Start.
  • To the right of your screen, you will see the Tutorials section. Under New OmniTrader Users, click on "Setup your data connections" to start the Data Wizard.

The Data Wizard is designed to walk you through the process of setting up your Easy Data Vendor. Once you have completed the Data Wizard, all the symbols in OmniTrader will be set to download and display data from your Easy Data Vendor.

Easy Data Step 2: Run the To Do List (End of Day Profiles Only)
Now you're ready to download data. This is done in each OmniTrader Profile by running the To Do List.

  • Just click on the To Do List Icon 1_todolist
  • Then, click on the box labeled "Perform Selected Tasks."

Note: Make sure you are connected to the internet before downloading data.

OmniTrader already knows what functions need to be performed for each symbol in your Profile, so any symbol that needs data will be updated at this time. If you are a Real Time user, OmniTrader will begin to collect data once you open a Real Time Profile (any profile in OmniTrader that begins with RT such as RTStocks).

 

Easy Data Frequently Asked Questions
Q: Can OmniTrader download data for one symbol at a time?

A: Yes! This can be done by clicking on the View Menu and selecting Data Settings. You will see a box labeled On Demand Downloading. By clicking on this box, OmniTrader will retrieve the latest data for a security each time you chart it.

1_generalsettings
Selecting the On-Demand Downloading box will tell OT to collect the latest
data for a symbol each time you chart it.


Q: I received bad data on a symbol. How can I delete it or manually change the data values?

A: You can delete or change data values in OmniTrader by highlighting a symbol and then right clicking on it. You will see a menu appear and you will want to select the option titled Edit Data. This will bring up the Data Editor for that symbol. You can edit any of the data for that symbol or delete data so you can recollect it.

1_dataeditor

 

 


Q: If I am using multiple profiles, can OmniTrader download the data for all the symbols in these profiles at the same time?

A: Yes! this can be done by running OmniTrader's Auto Mode. Please refer to section 3.6 in your OmniTrader Guidebook for specific information on how to use Auto Mode. This is one of the great time-saving features in OmniTrader!


Q: One of my symbols isn't updating. What could be the problem?

A: More than likely, this symbol is not set to the correct data path. You can easily reset to use Easy Data by highlighting and right-clicking on the symbol and then select Reset User Status from the menu. If you try this and still are unable to get updated data, be sure and check to make sure that the symbol is still valid.

Summary
We hope that this first lesson has helped you with your understanding of Easy Data and the features available in OmniTrader to assist with it. If you feel that your program is not operating properly or you are having difficulty with your data collection, please contact our support department at support@nirvsys.com and they will be happy to assist you.

If you have any questions on the information presented here, or if you would like to make any suggestions, please let me know by writing to me at jdrake@nirvsys.com.

Regards,
Jeff Drake
Director of Education
Nirvana Systems

 
 
 
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