DomiStock is a fully Personalized Stock Analysis Robo System that empowers self-directed investors with innovative technology that helps building and managing personalized investment strategies to dominate the financial markets. To better help investors DomiStock provides two editions in one, the DomiStock Home™ and the DomiStock Pro™ one.
DomiStock Home™ is your best choice if you are a self-directed home trader and you need a quick and efficient technical analysis methodology with easy to use and reliable tools, suitable for all styles of trading, from the most defensive to the most aggressive and for any trading timeframe, from the long term to the intraday one.
DomiStock Home offers 2 Trading Systems
The
Dual Band Trading System™
And The
HighLow Trading System™
Each system is accompanied by 3 tools:
Apart from each System’s unique tools, both of them share 4 tools:
DomiStock Pro™ is your best choice if you are a self-directed trader with a professional trader’s needs. This version takes financial technical analysis in the pro level by providing custom forecasting, maximum potential profit – loss calculations, optimal trading strategy analysis, buy – sell and hedging signals, parameter based scans, risk profile and strategy based adjusted scans, risk profile tailored portfolios with auto rebalancing and hedging tools, cross and multi asset screens and tools, risk appetite indicators, auto-drawn support – resistance lines and trend lines, support – resistance auto detection, alerts of extreme demand / supply points – inflated / deflated price levels, and much more. With unique design, capabilities and utility, DomiStock, is ideal for individual investors with long, medium, short or intraday investment horizon and of any knowledge and experience level.
In a nutshell DomiStock Pro offers:
2 Trading Systems
Cross Asset Analysis Tools and Templates
10 Hybrid Robo- Human Optimized Portfolios
20 Explorations / Scans
DomiStock’s Pro Trading Systems are:
The
Dominant & Hedging Trading System™
And The
DomiStock’s Technical Rating System™
As in the Home Edition Each system is accompanied by 3 tools:
Apart from each System’s unique tools, both of them share 4 tools:
DomiStock uses cutting edge financial technical analysis engineering to automatically analyze any asset, with innovative on and off chart tools. DomiStock provides custom forecasting, maximum potential profit – loss calculations, optimal trading strategy analysis, buy – sell and hedging signals, parameter based scans, cross asset screens and tools, risk appetite indicators, auto-drawn support – resistance lines and trend lines, support – resistance auto detect, inflated – deflated price levels alerts, strategy based and risk adjusted scans, various risk profile portfolios with auto rebalancing and hedging tools and much more. DomiStock is a reliable and tireless market analyst and strategist that can do up to 99% of a trader’s work.
DomiStock is used by individual investors of any knowledge and experience level and of any investment horizon. It’s unique design makes it both a trading and an educational tool. It’s like having an outstanding technical analyst and a great technical analysis teacher available 24-7. That’s why DomiStock is also used by traders who care to enhance and improve their technical analysis knowledge.
2015
DomiStock was the technical analysis software (robo-advisor) of choice in the international research Behavioral Finance project entitled “Robo-Advisors and Individual Investors”, conducted in fall 2015 at Columbia University* and was found to have significantly helped traders to overcome their negative behavioral biases and rationalize their overall decision-making process.
Conclusion and results of the research.
The “Conclusion” on the final report of the project reads: “This research study showed that behavioral biases were influenced by the interaction of the investors with Robo-Advisors. Specifically, six out of the seven behavioral biases that were examined decreased significantly. Overconfidence & Wishful Thinking, Quasi-magical Thinking and Luck/Skill were slightly decreased, while Gambling Behavior, Home Bias and Disposition Effect were largely decreased. This is a very positive result showing that biases can be eliminated when investors interact with rational Robo-Advisors. Interestingly, Risk Tolerance was the only bias to increase. This can be attributed to the fact that investors felt more “safe” to take risk when having advanced software to advise them. This study also showed that apart from the change in behavioral biases the overall decision-making process of investors was affected by the Robo-Advisors”.
Results
The main result drawn from this research project is that the all the behavioral biases (variables) that were examined are dependent since they changed as a result of the interaction between the correspondent and the Robo-Advisor.
Risk Tolerance increased by 15.33% and it was the only variable to increase from Phase I to Phase II. Several questions in the two questionnaires measured Risk Tolerance, such as Question 11 in Questionnaire 1: I carefully invest most of my money and take risks only when I trade a small percentage of it. The confidence interval for this result was calculated to be 91.44% (1 – p-value). One reasonable explanation for the increase in Risk Tolerance is that investors felt better equipped to trade when using the Robo-Advisors and, thus, willing to take more risk.
Overconfidence and Wishful Thinking decreased by 7.04% indicating that investors become less bias towards overconfidence after they interact with the Robo-Advisors. Overconfidence was measured by several questions such as Question 19 in Questionnaire 1: When trading I always put my instinct above anything else. Since overconfidence is a negative bias, this decrease in its value should be considered as a positive result.
The belief that success in trading is mostly due to luck than due to skill decreased by 10.78%. this decrease is again considered to be a positive result, since we are examining a negative bias.
The Disposition Effect Bias decreased by 39.93% indicating that investors became less likely to sell the winner stocks and keep the loser stocks. That was the biggest and probably the most important change in this study. The disposition effect describes one of the main fallacies in the decision making of private investors. Thus, such big decrease is a very positive result.
Home bias decreased by 23.83% which was the second most significant drop in this study. A possible explanation for this decrease is that access to the Robo-Advisor’s analysis made investors readier to search for financial opportunities more objectively.
Gambling Behavior and Speculation decreased by 15.70%. This is a significant decrease and a positive result, indicating that investors became more rational and less speculative after their interaction with the Robo-advisors.
Quasi – magical thinking was the variable with the second smallest decrease. Yet, still very important since quasi – magical thinking is linked to superstition (religion, tradition) and can be deeply rooted in people’s minds. Hence even a small change in such a little time is worth noting.
2016
DomiStock was the technical analysis software of choice in the investment project entitled “Global Macro Multi-Asset Investment Fund”, that involved the creation and management of a multi-asset fund, conducted in spring 2016 at Columbia University. Two portfolios where constructed and tested with simulated trading and recorded annualized profits of 69,4% and 80,27% respectively.
Graphs and Table from the research.
*(Master of Science in Financial Engineering, Department of Industrial Engineering and Operations Research, Columbia University).
DomiStock uses a series of record winning formulae that, when tested on historical data, have consistently outperformed any FOREX pair and any benchmark equities or commodities index in the world, including the Benchmark Indices or their US listed SPDRs (ETFs) for: US, EU, China, Japan, Germany, UK, France, India, Italy, Brazil, Canada, Russia, Australia, Spain, Mexico, Malaysia, Netherlands, Switzerland, Turkey, Saudi Arabia, Argentina, Sweden, Nigeria, Poland, Norway, Austria, Egypt, South Africa, Israel, Denmark, Singapore, Ireland, Portugal, Greece, Sweden, Taiwan, South Korea,, Hong Kong, Belgium and many others.
In Appendix 1 and 2 of DomiStock’s manual you can find the MetaStock System Tester Simulation Screenshots from tests with daily and intraday data on:
DomiStock was the outperformer in each and every simulation.
Apart from the above mentioned simulation tests, DomiStock was the technical analysis software of choice in the investment project entitled “Global Macro Multi-Asset Investment Fund”, that involved the creation and management of a multi-asset fund, conducted in spring 2016 at Columbia University. Two portfolios where constructed and tested with simulated trading and recorded annualized profits of 69,4% and 80,27% respectively.
Domistock is perfect for analysing stocks, ETFs, options, commodities, e-Minis, FOREX, futures and more. Since it comes as a MetaStock add on, the exchange cover is worldwide.
Some DomiStock tools are innovative because they are just unique and some because they use existed tools in completely new ways. The most innovative DomiStock tools from both the above categories include:
Why was DomiStock selected as the Robo-Advisor of choice at a Columbia University International Research Project? This is the answer given at the chapter 4.6 of the project itself:
4.6 The Technical Analysis RoboAdvisor
The automated technical analysis system selected was DomiStock for MetaStock Xenith. The selection was based on the fact that it provides easy to use, adequate automated technical analysis, covering every financial market and financial product around the globe.
Specifically it provides automated technical analysis and plain English automatically produced explanatory reports, stock screens, custom forecasting, simulation trading, profit / loss calculator, cycle analysis, timing analysis and hedging indicators, a selection of formats according to knowledge level, risk aversion, market of choice, frequency and time frame of trading etch.
Additionally, it provides simulation results that indicate consistent above market performance for a variety of benchmark country indices, country SPDRS or financial instruments, including those of the S&P500, the Nasdaq, the US listed SPDRs for Germany, France, UK, China, Italy, Canada, Japan, India, Spain, Brazil, Australia, Netherland, Belgium, Turkey, Israel, Austria, Singapore, Sweden, the Greek General Shares Index. Gold Index. etch.
