Beta Forums
OmniVest Beta News
Week of 10/15/2012
22 replies, 2417 viewings
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Beta Forums
OmniVest Beta News
Week of 10/15/2012
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Last Activity 1/9/2015 3:09 AM 22 replies, 2417 viewings |
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Ed Downs Elite    Posts: 645 Joined: 2/7/2007 Location: Austin, Texas  User Profile |
Thanks to everyone for posting in the Forum. I had a computer crash Sunday, so I am catching up on posting news etc. In a nutshell, here is a quick summery of where we got to on Friday. 1. Trade Synchronization: We believe we solved the trade synchronization problems we were seeing last week (Open Orders vs. Open Positions). Checks on Friday looked good. Another day or so of testing is needed. We will continue to monitor the system and address issues (and add safeguards) as they are uncovered. 2. Log Scales: We implemented Log Scales last week, along with the Account settings to scale Open Positions to an account value. More on how to use this later today. | ||
| Ed Downs Elite Posts: 645 Joined: 2/7/2007 Location: Austin, Texas User Profile |
a) Explains how to use the Account Settings feature. b) Describes some recent enhancements made to the OmniVest system c) Includes a demonstration of the new Trade Processor Alpha! d) Discloses what we are working on now, and our goals for the week. Click here to watch the video. More updates coming later this week.  Attached file : 10-15-12.pdf (1035KB - 611 downloads) | ||
| Ed Downs Elite Posts: 645 Joined: 2/7/2007 Location: Austin, Texas User Profile |
I decided to open my OmniVest News forum to posts by users, so you can ask questions. The reason I restricted it when I created the Forum is I didn't want my posts to get "buried" in the middle of the thread. But I think the Sticky feature will work. Let's try it and see how it goes. I may change my mind! Feel free to post questions here. Try to start "conversations" in the General Discussion forum, so as not to overload these threads. If you have a question, the more concise it is the better. As you can see, we are very busy over here. Thanks! | ||
| Jimmer Member Posts: 22 Joined: 10/11/2012 Location: Wittmann, AZ User Profile |
Do you foresee any issues trading 3 OV accounts, say, “aggressive, moderate, conservative,” through GX Trading simultaneously? | ||
| Ed Downs Elite Posts: 645 Joined: 2/7/2007 Location: Austin, Texas User Profile |
However, you will be able to trade with OT/VT AND the Trade Processor in the same account at the same time, because the T.P. will know what trades it is in! It is designed to track its OmniVest trades and ONLY close those positions - even if you have other trades in the same symbol. Pretty neat, huh? | ||
| Jim Dean Elite  Posts: 1059 Joined: 10/11/2012 Location: L'ville, GA User Profile |
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| Ed Downs Elite Posts: 645 Joined: 2/7/2007 Location: Austin, Texas User Profile |
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| keith Member Posts: 23 Joined: 10/11/2012 Location: anaheim hills, ca User Profile |
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| Ed Downs Elite Posts: 645 Joined: 2/7/2007 Location: Austin, Texas User Profile |
Attached file : 10-15-12.pdf (1035KB - 305 downloads) | ||
| Ed Downs Elite Posts: 645 Joined: 2/7/2007 Location: Austin, Texas User Profile |
From my seat, OmniVest is ready to be engaged. The Trade Tracking feature I discussed in my video is nearly complete. I suggest people wait on that so they don't take trades and (potentially) miss exits because of a Strategy change they might make. I am trading a personal account at gxtrader with the Trade Processor. We made great strides today on features. It's very close. My best estimate is we are a few days away from the first Alpha. You're going to like how this thing works! | ||
| Fred Gordon Legend Posts: 481 Joined: 10/11/2012 Location: Fayetteville, Ga User Profile |
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| Jim Dean Elite Posts: 1059 Joined: 10/11/2012 Location: L'ville, GA User Profile |
If you don't use the Trade Processor, then yes you place entry/exit orders manually with your broker from info provided on the site ... and/or (eventually) via emails to you. [Edited by Jim Dean on 10/19/2012 11:27 AM] | ||
| Fred Gordon Legend Posts: 481 Joined: 10/11/2012 Location: Fayetteville, Ga User Profile |
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| Jim Dean Elite Posts: 1059 Joined: 10/11/2012 Location: L'ville, GA User Profile |
[Edited by Jim Dean on 10/19/2012 11:35 AM] | ||
| DON SMITH Member Posts: 14 Joined: 10/11/2012 Location: CORNING NY User Profile |
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| Jim Dean Elite Posts: 1059 Joined: 10/11/2012 Location: L'ville, GA User Profile |
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| Ed Downs Elite Posts: 645 Joined: 2/7/2007 Location: Austin, Texas User Profile |
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| Ed Downs Elite Posts: 645 Joined: 2/7/2007 Location: Austin, Texas User Profile |
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| Bob123 Veteran Posts: 121 Joined: 10/11/2012 Location: North Andover, MA User Profile |
1. Maximum accounts are 3 2. No limits on the number of portfolios. 3. Strategies are unlimited for Gold, but are limited to 7 for Silver and 3 for Bronze. This means if you are Bronze you cannot use more than the same 3 strategies for all accounts and all portfolios. In other words Bronze means 3 strategies period no matter how many accounts or portfolios you create. | ||
| Jeff Mishlove Member Posts: 31 Joined: 10/11/2012 Location: Las Vegas, NV User Profile |
It would be nice to have a status update on this feature. Jeff | ||
| Fred Gordon Legend Posts: 481 Joined: 10/11/2012 Location: Fayetteville, Ga User Profile |
Once a "custom portfolio" is up and running with open positions in force, can additional strats be added? Can a strat (that is not currently managing open positions) be exchanged for another within an existing portfolio? Thanks, FG | ||
| Jim Dean Elite Posts: 1059 Joined: 10/11/2012 Location: L'ville, GA User Profile |
You might have more success getting your Q's answered if you post them in the Room dedicated to Questions, here: http://www.omnitrader.com/currentclients/omnivestforum/forum-view.asp?forumid=27 | ||
| Ed Downs Elite Posts: 645 Joined: 2/7/2007 Location: Austin, Texas User Profile |
Bob123 - You are correct. Jeff - Elite Trader will merge into OmniVest, probably in December. F Gordon - Yes, it can. You can swap out Strategies whenever you like. If you are using the Trade Tracking feature on the web site or the Trade Processor, either will remember that you are in trades from Strategies you are no longer tracking, and properly post the Closing Orders. |
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