OmniTrader Professional Forum
OmniScan
Scan for Seasonality
7 replies, 1642 viewings
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OmniTrader Professional Forum
OmniScan
Scan for Seasonality
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Last Activity 1/16/2025 4:54 AM 7 replies, 1642 viewings |
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Duxx Elite    Posts: 881 Joined: 2/18/2009  User Profile |
Thank you | ||
| Greg Legend Posts: 337 Joined: 3/22/2006 Location: Mishawaka, IN 46544 User Profile |
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| Diamondjag Legend Posts: 404 Joined: 3/12/2006 Location: Brighton, Colorado User Profile |
For now, you have to have the Seasonality Module 2. In OT, right click on a Focus List column, click on Add Indicator Column, in the Library scroll down to the indicators that say "Seasonality", pick what you want to see. And, of course, there's the Seasonally Tool. At minimum they need to incorporate an easily accessible, sortable list of stocks with high seasonality for the upcoming week, month, even day. Nirvana has seasonality tools but there is a lot more that Nirvana could do with seasonality ... see Seasonaltrader.com ... if they had the time to focus on it. Maybe an idea for OT 2021. | ||
| Greg Legend Posts: 337 Joined: 3/22/2006 Location: Mishawaka, IN 46544 User Profile |
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| THOMAS HELGET Elite Posts: 610 Joined: 3/22/2006 Location: BALDWINSVILLE, NEW YORK User Profile |
Why didn't you just ask? I agree with you - I too want to know what the projection for is for this month and next month as well as this quarter and next quarter. So, attached are four Indicators that can be put in the Focus List as Indicator Columns or plotted on the price chart. You need to enter two things as Parameters - the number of years lookback and either the Mean, Direction, Standard Deviation or z-score that you want the value for. Also you should check the reported or plotted value against the Seasonality Module to make sure you are getting what you think you should be getting. And you will periodically have to adjust things as the years pass. For example here is the z-score for PZZA this month (0.18) and for next month (3.13) shown displayed in a Focus List Indicator Column: You can also do the same for the Quarterly Values. WARNING! WARNING! WILL ROBINSON! These values take a while to calculate so if you are going to run this over a large symbol list put your face mask on and go out to Papa John's and get a pizza observing the correct social distancing. You should note that you really only have to run the To Do List once a month (or once a quarter) as these values will not change often. Also make sure that your profile has enough bars to do the calculation you desire. You will require data for one more year than you are looking to do your calculations for (above 10 years) so you should start your data from at least January 1, 2009. For safety above I started at January 1, 2008. If a stock's price history doesn't go back that far no value will be shown on the chart or Focus List. These indicators took a real long time to perfect and I hope you will enjoy them and that it might prompt Nirvana Systems to update the Seasonality Module to include something like them (running hopefully faster) in the future. Tom Helget [Edited by THOMAS HELGET on 8/26/2020 12:22 PM]  Attached file : Make Sure You Are Getting Want You Think You Are Interested In.jpg (127KB - 487 downloads) Attached file : indNextMonthSeasonalityPrediction.txt (7KB - 276 downloads) Attached file : indNextQuarterSeasonalityPrediction.txt (7KB - 262 downloads) Attached file : indThisMonthSeasonalityPrediction.txt (7KB - 262 downloads) Attached file : indThisQuarterSeasonalityPrediction.txt (7KB - 253 downloads) | ||
| LSJ Veteran Posts: 190 Joined: 7/23/2012 Location: Citrus Springs, FL User Profile |
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| Greg Legend Posts: 337 Joined: 3/22/2006 Location: Mishawaka, IN 46544 User Profile |
Dave, thanks for the SeasonalTrader suggestion. I believe OT has many if not all and more of the abilities of that site. We just need some guidance on how to get the ducks in a row and quacking. | ||
| LSJ Veteran Posts: 190 Joined: 7/23/2012 Location: Citrus Springs, FL User Profile |
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