OmniTrader Forum - OmniTrader 2018 General Discussion
I ZONES

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Stumpy

Posts: 208

Joined: 5/25/2004
Location: Australia

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Subject : I ZONES
Posted : 12/1/2017 11:59 PM
Post #42751

Hi Barry can you confirm please if the equity curve you have provide for the new plug in was using ATS if not could you please post a comparison with and without ATS
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Barry Cohen

Posts: 5352

Joined: 1/19/2004

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Subject : RE: I ZONES
Posted : 12/4/2017 2:24 PM
Post #42769 - In reply to #42751

We have not provided any equity curves for iZones. Do you mean the equity curve from the brochure?
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LSJ

Posts: 219

Joined: 8/17/2006
Location: Citrus Springs, FL

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Subject : RE: I ZONES
Posted : 12/4/2017 3:03 PM
Post #42772 - In reply to #42751

Kudos to Nirvana for the iZones. I have spent many hours studying the concept in courses from another company. Finding and identifying Supply and Demand zones was the core strategy. One of the difficulties I had with it was that since it was a discretionary method there was no way to produce a statistical history and performance stats.
The iZones methods used in the indicators do not duplicate the complete process used elsewhere but it is the best rule-based approach I have seen. It is a great tool and I look forward to working with it and expanding some of the definitions.
Thanks N
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Barry Cohen

Posts: 5352

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Subject : RE: I ZONES
Posted : 12/4/2017 3:37 PM
Post #42775 - In reply to #42772

Thanks Larry!
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Stumpy

Posts: 208

Joined: 5/25/2004
Location: Australia

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Subject : RE: I ZONES
Posted : 12/4/2017 4:10 PM
Post #42777 - In reply to #42751

I was talking about the brochure
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wolf

Posts: 143

Joined: 4/16/2011
Location: Germany

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Subject : RE: I ZONES
Posted : 12/4/2017 10:59 PM
Post #42784 - In reply to #42777

Hello
no doubt Nirvana Systems is an innovative Company, however I can understand the request for a Portfolio Simulation to see what are the Performance figures to have an idea what is the ranking of I Zones in comparison to other plug ins e.g MoneyZone, Volumen Systems, Chart Pattern Systemsn (reflecting Patterns like Support & Resistance, Channel). I have been using a product based on Metastock (http://www.tradeguider.com) however I do not use it as it is too time consuming to analyze the volume based messages. Therefore I agree that a simple to use plugin as I Zone seems to provide would be helpful, however Performance Simulation data to proof the Performance of the plugin are helpful as well. Otherwise I assume a simple user will not be capable to evaluate the real benefit of the plugin.
regards
Wolfgang


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