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Non-Tech : OmniTrader-Do you like it???

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To: Flapdoodl who wrote (392)2/17/2000 9:26:00 PM
From: Frederick A. Fyfe   of 402
 
I use OT RT and am very successful with it.
I use highly rated IBD stocks, about four hundred of them, I put IBD's Industry Prices ranking into a spreadsheet every Saturday(Monday's paper). I watch the industries that are moving up, I take the best stocks in my price range in the industries and put them into an EOD profile in OT. I use the ARM2 profile.
I test them and run the signals. I get a lot of buy signals. OT is only a stock finder, now, I go over every stock and check "good opportunity" for the stocks have good chart patterns. I check for volume, moving averages, weekly charts, Fibanacci - everything that might help me decide.
I may be out in left field now. I highlight all of the checked stocks and copy them to my RT profile. I know that all of the stocks look good to me, so I'm not worried about dogs. I set the profile with MACD and a 20 and 50 period moving average for 5Min, 60Min, and daily. I watch the sixty minute for buys - when the MA crosses and the MACD fires. If the volume is coming in, I will buy.

I don't think that you are using OT correctly if you think that you can get RT only from 3:30 to 4:00. I may be misunderstanding you, if so I apologise.

I use Quote.Com for my real time feed. Anytime that I see something that does't look right - I just hit the refresh and get new fresh data. I also use DTN satelite feed and both systems are pretty close all of the time.
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