Version 6.0 can be downloaded today at Trade-Radar.com. Anyone who has already purchased an earlier version or downloaded an evaluation copy of an earlier version is free to grab the new one.
Why am I excited?
A major focus in this release is usability. Where the previous version did a lot of computations under the hood to make it easy to analyze stocks, there was still a lot of clicking of buttons required and windows popping up and things like that.
This new version now integrates the chart screen into the main screen. That means that the program's menu system and toolbar are accessible at all times. You can switch stocks and view new charts quickly and easily without ever leaving the main screen. Here is a screen shot:
(Click to view larger image)
Please note the two drop-downs at the bottom of the chart screen. With one of the drop-downs, you can turn on and off the various indicators on the top chart and add Bollinger Bands. With the other drop-down, you can view any of the following indicators on the lower chart:
- The Trade-Radar BUY or SELL Signal
- Chaikin Money Flow
- Wilder’s DMI (ADX)
- Slow Stochastics
- Williams %R
- Relative Strength
- Money Flow Index
Speaking of the Dashboard, there are four new indicators. This brings the total number up to 40. Besides Relative Strength and Money Flow, two new fundamental indicators have been added: Net Profit Margin and the Cash Flow to Enterprise Value ratio.
In a further nod to usability, the Fundamental Analysis tab on the Dashboard has been reorganized to group indicators better and to make room for the new ones. Most importantly, each indicator now has an Info button next to it that provides a quick description of the indicator and how it is evaluated. No need to leave the program to search through the Help anymore.
Program Preferences - customizing the program for you
One more item that enhances usability is the Program Preferences dialog. This is a new feature in version 6. Click that toolbar icon with the gears on it and the Preferences dialog appears. Here are a couple of the things you can do:
- You can now easily control where you store your active database file (tip: instead of keeping it in the Program Files/Trade-Radar folder structure, save it to another folder using the Backup function so it won't be overwritten by software updates. After an update, just use the Preferences to point to your preferred database file)
- You can customize the amount of data you retrieve when you click the "Get data from Yahoo!" button. The values are incremented in months. For example, the default used to be two years of daily data. You can adjust that now to 18 months, 12 months or whatever amount of data works for you. You can do this for daily data, weekly data or monthly data.
Get the new version now!
In addition to all the improvements listed above, you will find that the program runs faster, a bug in the cash flow calculation has been fixed and charts display automatically after retrieving data, saving you clicks.
I hope this description encourages you to try Stock Inspector or to upgrade your current version if you are already a user. I am confident that you will find the software to be much easier to use while providing even more analysis capability than before.
Download Stock Inspector version 6.0 today!