How to Create a Custom Index
An easy way to create a custom index of a basket of stocks, or portfolio, is to simply add them together in what is called a price-weighted index.
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Optuma Blog
Market insights, product updates, tips, and tricks
Showing 33 articles matching your filters. Clear all filters
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GoNoGo Evidence-Based Investing - Part 6
This sixth and final video in the GoNoGo Charts educational series brings all the concepts together into a practical approach to market analysis and trading decisions.
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GoNoGo Embracing Volatility - Part 5
Use the GoNoGo Squeeze indicator to anticipate price breaks.
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GoNoGo Trend Re-Entry - Part 4
Alex and Tyler explain how using the GoNoGo Oscillator® can provide investors with a rules-based approach to entering trends.
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GoNoGo Oscillator - Momentum Concepts in Technical Analysis - Part 3
Everyone should understand the concept of momentum indicators. But also, how a blended approach to multiple oscillators can alleviate analysis paralysis and indicator overload.
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GoNoGo Trend Identification - Part 2
In this second installment, Alex and Tyler expand upon the concept of a rules-based approach to trend identification.
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GoNoGo Trend Identification - Part 1
Overcome 'analysis paralysis' by using GoNoGo indicators in Optuma
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Scripting and Anchored VWAPs
Learn how to create scans and tools based on the Anchored Volume-Weighted Average Price (AVWAP) tool.
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How to Calculate Quarterly Performance in Optuma Watchlists
Learn how to create watchlist columns to calculate quarterly performance statistics, and download a workbook example.
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Taking your custom technical ranking system further
Last time we looked at ways to create a custom ranking system using simple scripting formulas based on a number of technical conditions, and in this article we'll look to take it a step further by calculating breadth measures on a universe of stocks, and also adjusting the weightings.
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How to create a custom technical ranking system
In your studies you may have come across the ‘weight of evidence’ approach to investing which looks at prices and various indicators to help identify potential trading opportunities.
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Measuring price and time ranges
A look at some of the tools to measure time and price moves.
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An easy way to find breakouts
As you may know, Optuma has several tools to help identify significant turning points, such as the various swing overlays, but one tool I’ve started to use more and more is the Pivot Label tool.
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Optuma Swing Charts: Finding Patterns
Use the scripting language to identify swing patterns (e.g. higher highs & lows), changes in direction, and swing gaps.
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Optuma Swing Charts: Trend vs Direction
Use the scripting language to identify swing trend versus direction in scans and watchlists, and to create a swing ranking value.
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Introduction to Optuma Swing Charts - Identifying Trends
An introduction to Optuma's swing chart capabilities, including how to easily identify trends using colour schemes and scans.
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Mind the Gap - and watch your profits soar
Use the Gap Finder tool in Optuma 2 to help identify trading opportunities.
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Scripting Guide for Relative Rotation Graphs® - Updated
How to use our powerful scripting language with Relative Rotation Graphs® to help identify opportunities.
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Improve Optuma’s Performance with These Few Easy Tweaks
We are always working on improving Optuma’s performance with every update we release. Whether it be faster processing, using fewer system resources, or improved memory management, we know the leaner we make Optuma, the harder our clients can push its capabilities. Over the years we’ve seen clients take Optuma to the very extreme!
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Using Optuma on a cloud-based PC
Access your copy of Optuma from any computer using a cloud-based PC - a great option for Mac users or for clients working behind corporate firewalls.
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Using Optuma to Test Historical Events
Use the Signal Tester to quickly test how often certain events occur, and what happens after.
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Optuma Swing Charts and Scripting
Scripting for swing patterns can be difficult and there are a few important nuances to be aware of. In this article Mathew explains some of the complexities involved.
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Identifying Divergences
Optuma’s scripting language allows you to create any number of scans and tests on any number of tools and values. But when we were asked if we could create a scan to identify divergences between price and a momentum indicator, such as the RSI, I wasn’t sure how this could be done.
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How to Set Up and Test a Binary Trade
Using the Backtester to build and test a binary arbitrage strategy.
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Relative Rotation Graphs® and Asset Allocation
As you have seen in other articles and blogs, Relative Rotation Graphs® (RRGs) are a great tool to determine relative strength of a basket of stocks or currencies against a benchmark, but one question we often get is 'can RRGs be used for asset allocation purposes?' The answer is YES!
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Andrews’ Pitchfork: Application and Analytical Methods Using Median Line Analysis
In this second installment of the Andrews’ Pitchfork series Tim and Kyle walk through the ease at which Andrews’ Pitchfork analysis can be used in Optuma, and then proceed to share some examples of how this underutilized tool can be used in your trading.
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A Brief History of the Development of Median Line Analysis - A.K.A. Andrews’ Pitchfork
Although the technical methodology known as Median Line Analysis as we know it today is rightly attributed to Dr. Alan Andrews, it should be known that it found its genesis hundreds of years before his time. That said, it was Andrews who brought it forward to the study of stocks, bonds, currencies, and commodities.
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Andrews’ Pitchfork: Advanced Analytical Methods Using Median Line Analysis
In this third and final article in the Andrews' Pitchfork series Tim and Kyle walk through some of the advanced pitchfork methods to create a support and resistance frequency grid in price and time.
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Download Optuma Watchlists for US & European Index Constituents
Optuma clients can download and open constituent watchlists for a number of US and European indices.
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Optex Bands Part 2
Last week I wrote about the journey I took with the Dynamic Market Profile tool and how it showed some promise as a mean reverting strategy. I performed a number of “back tests” (getting the computer to run the simulation with a model portfolio), but could never get the consistent results I was seeing by observing charts.
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Optex Bands Part 1
Optex Bands is a new tool we created to measure potential extremes away from the “consensus” price. To explain the how and why of Optex Bands, we have to first take a journey through the evolution of this tool. In this post, we cover Market Profiles and POC's.
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