Three new features --The major new features in this version include the following:
Auto checkbox – This probably what many have been waiting for. The Auto checkbox tells the software to automatically set up the chart for the type of signal you are looking for. For those who are new to the software, figuring out how to choose the start date for analyzing a BUY signal or SELL signal can be difficult. This little checkbox lets the software handle it all for you.
Classic Trend Line – This is best explained using an example. For a BUY signal using daily data, this chart feature shows the dotted line that could be drawn connecting the cyclic peaks of the daily high prices. If the price closes above this Classic Trend Line, it is considered a reversal to the up-side. This is different from the TradeRadar slope or trend calculation that is related to daily closing prices. (Note: Classic Trend Lines are what our Trend Busters list is based on)
"Signal in the Zone" indicator – located right next to the Signal Strength indicator on the Dashboard screen, this indicator shows whether the trailing edge of the signal on the lower chart is below the horizontal green line. If the signal is above the green line, the indicator is red. If it is less than 20% below the green line, the indicator is yellow. It it’s more than 20% below the line the indicator is green. This is used to confirm the analysis derived from the other TradeRadar indicators. If this indicator isn't green, don't believe the signal!
Download version 4.1 upgradeTonight, the upgrade is being made available. Those of you who have already installed a prior version of the software can use this download to upgrade their current installation to the latest version.
For now, the new software can be downloaded only from this blog post. Click on the following link: Download version 4.1
Extract the the files in the downloaded zip file into the folder where you originally installed TradeRadar and you should be ready to go.