OmniTrader Professional Forum OmniTrader Professional Forum
forums calendars search
today this week
 
register logon control panel Forum Rules
You are currently browsing as a guest.
You should logon to access more features
A Self-Moderated Community - ALL MEMBERS, PLEASE READ!
Vote for Members who contribute the most to your trading, and help us moderate content within the Forums.


  Current location        Thread information  
OmniTrader Professional Forum
Integrated Brokerage
Omnivest--Running on auto for five days straight.
Last Activity 12/12/2017 1:50 PM
7 replies, 1915 viewings

Jump to page : 1
Now viewing page 1 [25 messages per page]
 
back reply
Printer friendly version

^ Top
C

Regular
252525
Posts: 87

Joined: 6/21/2008

User Profile
 
Subject : Omnivest--Running on auto for five days straight.
Posted : 5/12/2013 12:30 AM
Post #21856

Just got the new Club brochure today. Must admit the overall offer hits all the sweet spots.

However, I need to understand how Omnivest works on autopilot when the computer that Omnivest is on will be left completely unattended. Generally for five-six consecutive days and nights at a time year-round.

I drive OTR for a living. I stay out a week at a time. I live alone. The idea is for Omnivest to be on total autopilot at home 100% of the time (internet access too spotty to be workable on the road).

Before I lay down a non-refundable five grand for a new Club membership, I better know there are no quirky surprises waiting for me.

By that I mean I assume that I need to keep my home computer running 24/7 with an always on internet connection(which I have--satellite because I live in the sticks). A gotcha might be that after a few minutes or hours of inattention, Omnivest will log out. And with nobody at home to log back in then the automated nature of trading will defeated. Or, say, MB Trading will try to log out somehow after a time of not sensing any activity.

I have to be certain Omnivest and MB Trading(or the other two brokerages)will stay logged in 24/7 and is at least 99% reliable for automated trading for an unattended week at a time.

[Edited by C on 5/12/2013 12:39 AM]

^ Top
C

Regular
252525
Posts: 87

Joined: 6/21/2008

User Profile
 
Subject : RE: Omnivest--Running on auto for five days straig
Posted : 5/12/2013 11:27 PM
Post #21857 - In reply to #21856

Probably have to buy some kind of Macro program to record login and out with a built in scheduler. If someone might recommend something that he thinks might be useful I'd like to know what it is. Otherwise I will just have to trial and error.

Surely not all of us can be at their computers every single day of the week. I'd like to know what other people do to be absolutely certain Omnivest will log in and out automatically. Maybe it does already. I don't know.

I did notice that in one of the Omnivest brochures, it mentioned that a Realtime version of Omnivest was being worked on. It would be interesting to see if that could be run unattended all day every weekday.

[Edited by C on 5/13/2013 9:05 AM]

^ Top
Angela Duran

Veteran
10025
Posts: 136

Joined: 1/1/1900

User Profile
 
Subject : RE: Omnivest--Running on auto for five days straig
Posted : 5/13/2013 9:56 AM
Post #21858 - In reply to #21856

C,

I agree that this deal "hits all the sweet spots." OmniVest certainly makes joining the club a no brainer.

The Trade Processor is what makes OmniVest fully automated. The Trade Processor is a program that will allow your OmniVest account to connect to your brokerage account and when running and connected to the internet it will trade automatically. Satellite makes it impossible to guarantee you will have a constant connection and, of course, this factor is beyond our control. We are working towards a version of the Trade Processor that will run in a cloud so you will be able to control if from where ever you are that has an internet connection, though I cannot tell you when that will be available.

Please keep in mind that OmniVest is just one benefits of joining the club. There is also the amazing ARM technology, discounts on everything you purchase or subscribe to from us and of course the Nirvana Club bash to name a few.
^ Top
Vinay

Regular
2525
Posts: 54

Joined: 1/18/2012
Location: Planet Earth

User Profile
 
Subject : RE: Omnivest--Running on auto for five days straig
Posted : 5/13/2013 9:21 PM
Post #21868 - In reply to #21856

Is OmniVest only meant for traders who trade in US markets? Can people like me who trade in non-US markets benefit from it?

[Edited by Vinay on 5/13/2013 10:47 PM]

^ Top
Barry Cohen

Icon
1000500100100100252525
Posts: 1891
Online

Joined: 1/1/1900

User Profile
 
Subject : RE: Omnivest--Running on auto for five days straig
Posted : 5/14/2013 9:34 AM
Post #21869 - In reply to #21868

Yes, it is currently only US stocks & ETFs, but we plan to have futures & forex.
^ Top
julesrulesny

Legend
100100100100252525
Posts: 498

Joined: 8/28/2009
Location: NYC

User Profile
 
Subject : RE: Omnivest--Running on auto for five days straig
Posted : 5/14/2013 12:40 PM
Post #21870 - In reply to #21869

Barry,
That would be superb!!!

See PM!

Marc
^ Top
C

Regular
252525
Posts: 87

Joined: 6/21/2008

User Profile
 
Subject : RE: Omnivest--Running on auto for five days straig
Posted : 5/15/2013 12:21 AM
Post #21871 - In reply to #21856

Responding to Angela Duran:

As a truck driver, the only "cloud" I understand is what I see in the sky.

I tried to familiarize myself with the general idea of cloud computing but there does not seem to be a set definition of what that means even among experts.

However, I did run across a paragraph linking cloud computing to smartphones/smartphone services. Quoting:

"Address books, contact lists, photos, text messages, call logs and GPS information all take advantage of the accessibility and availability of cloud resources. With high-speed communications networks, everything phone-related will reside in the cloud."

Those who are experts feel free to correct me if I'm wrong, but it does not seem far-fetched to infer that a future version of Omnivest could conceivably be run from a smartphone using cloud resources.

At least in my case, on the road, even if I had to pay more for "roaming" internet on occasion, I could take advantage of Omnivest in either full auto or semi-auto mode. My choice. From just about anywhere in the US.

I do use an aircard for internet now on my laptop. But service can be non-existent/too slow to be useful. Maybe internet via a smartphone would be a little more reliable. Seems like it should not make a difference but somehow internet through a smartphone vs. an aircard seems faster and more reliable to me. Cell booster antennas would likely help.

In any case, if Omnivest can eventually be run with a smartphone, using cloud resources, that would surely help those of us constantly on the road.

But in the meantime, I think I've found a simple enough Macro program that will launch the Omnivest site, login, connect to MB Trading and logout on a schedule(MOO/MOC). That, combined with my satellite internet at home, just might work for unattended automatic trading.

I shall experiment.

Also looking forward to that Realtime version of Omnivest mentioned in a brochure. Imagine if my home computer could one day trade Realtime Omnivest automatically while I'm out driving? Wow.

[Edited by C on 5/15/2013 12:35 AM]

^ Top
hclmpfc

New User

Posts: 2

Joined: 3/6/2009

User Profile
 
Subject : RE: Omnivest--Running on auto for five days straig
Posted : 6/14/2013 1:17 PM
Post #21994 - In reply to #21856

I have been running Omnivest with Trade Processor TP37 24/7 since it's release on May 17 four weeks ago. During the entire time, I did not encounter any missed trades, unmanaged trades. I had stop loss turned on and had only manually restarted the computer once for Windows update. It was smooth sailing.

Well done Nirvana Team!

Tim
Jump to page : 1
Now viewing page 1 [25 messages per page]
back reply

Legend    Action      Notification  
Administrator
Forum Moderator
Registered User
Unregistered User
E-Mail this thread to a friend
Toggle e-mail notification


Nirvana Systems
For any problems or issues please contact our Webmaster at webmaster@nirvsys.com.