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Optuma trading platform (previously Market Analyst)


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Optuma trading platform (previously Market Analyst)

  #1 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
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Thanks Received: 101,603

Who here besides @Neo1 is using Market Analyst?

Mike

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  #3 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
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Thanks Received: 101,603


Home | Market Analyst 7

Home | Market Analyst 7

Mike

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  #4 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,442 since Jun 2009
Thanks Given: 33,215
Thanks Received: 101,603

For starters, what's the difference between the "Trader Services Subscription" at $549 vs the "Professional Services Subscription" at $1,188?

They really should have a comparison table/matrix to make it clear.

Mike

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  #5 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,442 since Jun 2009
Thanks Given: 33,215
Thanks Received: 101,603



Mike

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  #6 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,442 since Jun 2009
Thanks Given: 33,215
Thanks Received: 101,603

@Neo1, is JdK's RRG included or is it one of the "tools" add-ons (if so, I didn't see it).

Which package do you use?

Mike

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  #7 (permalink)
 
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 rhuz 
DF, Mexico.
 
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@Big Mike

I found this. Not really a comparison table but I think RRG charts are included only in the PRO version.



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  #8 (permalink)
 
Neo1's Avatar
 Neo1 
Christchurch, New Zealand
 
Experience: Beginner
Platform: SC
Broker: IB, BC, Dx Feed
Trading: US Equities
Posts: 428 since Jul 2014
Thanks Given: 471
Thanks Received: 531


Big Mike View Post
@Neo1, is JdK's RRG included or is it one of the "tools" add-ons (if so, I didn't see it).

Which package do you use?

Mike

I purchased MA7 professional a couple of years ago when they used a different pricing structure.

I paid like $1600ish for the software which included free services for one year. I think I was then rolled onto the traders services package.I used to pay an additional amount each month for the complete RRG package, however I also had access to the market intelligence charts which looks like they're now apart of the professional services( I posted some seasonality charts on here once, I think they're classified as market intelligence charts). These's been quite a few changes since I started using it.

The traders services subscription includes basic RRG functionality, however if you what the full package that also works on intra day charts then you need the professional subscription. The full package also allows you to paint bars based on RRG like in the image posted above.

Currently I have no subscription, I just have my software license. I used to be alot more into swing trading, now I'm primarily focused around orderflow. However I will sign up to the professional package some time next year once MA8 officially roles out.

They should also be introducing accurate VWAP bands at some point. VWAP bands are included in MA 8 beta, however the computation is wrong- I've explained to them how it needs to be calculated.

If you want to check it out I suggest you request a free trial. Their support team is very responsive at answering any queries you might have.

"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
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  #9 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,442 since Jun 2009
Thanks Given: 33,215
Thanks Received: 101,603


Neo1 View Post
I purchased MA7 professional a couple of years ago when they used a different pricing structure.

I paid like $1600ish for the software which included free services for one year. I think I was then rolled onto the traders services package.I used to pay an additional amount each month for the complete RRG package, however I also had access to the market intelligence charts which looks like they're now apart of the professional services( I posted some seasonality charts on here once, I think they're classified as market intelligence charts). These's been quite a few changes since I started using it.

The traders services subscription includes basic RRG functionality, however if you what the full package that also works on intra day charts then you need the professional subscription. The full package also allows you to paint bars based on RRG like in the image posted above.

Currently I have no subscription, I just have my software license. I used to be alot more into swing trading, now I'm primarily focused around orderflow. However I will sign up to the professional package some time next year once MA8 officially roles out.

They should also be introducing accurate VWAP bands at some point. VWAP bands are included in MA 8 beta, however the computation is wrong- I've explained to them how it needs to be calculated.

If you want to check it out I suggest you request a free trial. Their support team is very responsive at answering any queries you might have.

So the only way to do real-time charting is with the "Professional" subscription? I guess the word "subscription" confuses me a bit. Is there some extra cost in addition to the $1188.00 (other than my data feed, which I see IQFeed is supported).

Mike

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  #10 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,442 since Jun 2009
Thanks Given: 33,215
Thanks Received: 101,603


Looking a little closer, I see a bullet point for "Professional Services" at $99 a month. So I suppose the only difference between the "Trader" license and the "Professional" license is that the pro license includes 1-year of $99 services, making it a pretty big discount.

But if I am assuming correctly, that means that after that 1-year, my "pro" license reverts to just a "trader" license and I lose all the differentiating features, such as RRG charts and apparently real-time data.

Correct me if I am wrong please.

I will sign-up for a trial. I don't see how long the trial is for listed anywhere, which is concerning as I don't have a lot of free time these days for "extra" stuff like this.

Mike

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