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Jim Dean

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Joined: 10/11/2012
Location: L'ville, GA

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Subject : RE: How Omnivest Works
Posted : 5/10/2014 12:32 PM
Post #30505 - In reply to #30504

Hi, Steve:

You said "On strats YOU create using Strat Builder, you set that default trade size using the % per trade field."

Do you mean that the %/trade input overrides both the raw OT-strategy-TradePlan value, AND all/any effects of the OVest Account Settings? If so, is that a "permanent spec" for OVest? Seems to be pretty heavy-handed, to arbitrarily override some (potentially) very sophisticated rules. Is there any plan to allow the percent input in Strat Lab to have a "default" setting that doesn't override anything?

I do understand that there's a need for doing apples to apples when testing many strats vs one list. But it sounds like you are saying that AFTER the lab session is over, the "custom strat" that's created includes this override forevermore. If so, I gotta object to that. Especially since that adds yet another characteristic to the strat that is NOT contained in the name.

The rest of what you said is what I understood to be the case.

Important to keep in mind that all of N's current OVsystems=OTstrats use fairly simple Trade Plans. Some of us think that scaling-in and out of trades is important ... TradePlans have that capability. I wonder what will happen when an OTstrat with a scaling-out TPlan gets uploaded to OVest? I hope that the "power" of that logic is not stripped off.

[Edited by Jim Dean on 5/10/2014 12:34 PM]

Deleting message 30505 : RE: How Omnivest Works


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