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Steve Mayo

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Joined: 10/11/2012
Location: Austin, TX

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Subject : RE: Proprietary Strategies
Posted : 11/14/2012 11:49 AM
Post #22153 - In reply to #22139

I may be wrong, but my understanding is that Nirvana is using OT to generate the signals for OV so I would think they could upload (eventually) strategies that use anything supported by OT/VT, like Omniscan, renko, options, etc. I think the reason they have avoided dynamic lists so far is that historical performance on a changing list is (even) less predictive of future results which would confound the goal of reducing drawdown by combining divergent strategies with (more) predictable responses to market factors. Secondly, the idea was to diversify across markets (S&P, Russell, NDQ, etc.). And finally, a dynamic list would be even more of a black-box than the proprietary strategies.

Even if I'm wrong, Ed has said that any of us can run OT or VT on a personal machine, have those signals sent to Elite Trader, to which uses can then subscribe and use in OV. If 100 people want to pay me $5-10 a month, I'll be happy to set up a dynamic list and send the signals to OV. :-)

I think we'll get all these wonderful things eventually. We've just got to get beyond the Alpha stage and have a stable reliable platform (and a broker that will support it) first.
Deleting message 22153 : RE: Proprietary Strategies


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