Skip to main content

TradeRadar Version 3.0 - Advanced Release Available

As a courtesy to those who use the TradeRadar software and read this blog or subscribe to the RSS feed, I wanted to provide advance notice that the version 3.0 upgrade package is available at the following link:

Download Version 3.0 Upgrade

This download page is not yet public and can only be accessed from this blog post.

Note that this assumes you have installed one of the previous versions of TradeRadar. This upgrade download package includes new or updated components; it is not the full install.

What's new in this version --

The software adds a number of new indicators. Rather than making users become experts on numerous kinds of technical and fundamental analysis, we have extended the simple color-coded system we introduced in previous versions to cover the new indicators. As always, Green is good, Red is bad and Yellow implies caution.

There are several bug fixes and improvements in the trend line angle analysis. You can read the details in the TradeRadar help file that is included in the download package.

Some of the new features are described below:

New technical indicators --
  • Aroon - Shows whether a stock is trending or oscillating. Also gives an indication of how strong an existing trend may be.
  • DMI - Directional Movement Index. An indicator developed by J. Welles Wilder for identifying when a definable trend is present.
  • Chaikin Money Flow - Combines price and volume to show how money may be flowing into or out of a stock.
  • 50-day moving average confirmation - indicates where the most recent closing price is in relation to this important moving average
As you can see, all the new indicators are most useful for determining trend. Since identifying trend reversals is what TradeRadar is all about, these new indicators will help us decide if the trend reversal is valid.

Fundamental indicators --

The following financial information is now included on the Dashboard screen:
  • Market capitalization - useful if you choose to avoid micro-caps, for example
  • Price/Earnings ratio - can be used as a value indicator, to determine if a stock is too expensive or whether it has earnings at all
  • Price/Sales ratio - another value indicator, especially for stocks that are not profitable
  • PEG ratio - price/earnings growth ratio, a value indicator
Each has a Red/Green/Yellow signal associated with to indicate level of risk based on the value.

The name of the stock or ETF will also be displayed on the Dashboard now.

Email if you experience problems, have questions or want to provide feedback.

Comments

Popular posts from this blog

Unlock Stock Market Profits - Key #1

This is the first in an ongoing series of articles where I discuss what I feel are keys to successful investing. It is based on a post that provides a summary of the ten keys that individual investors should use to identify profitable stock trades. ( Click here to read the original post ) There are two basic steps to investing. First, you need to find stocks that seem to have some potential. Then you have to determine whether these stocks are actually good investments. There are many stocks that at first glance look interesting, but further research reveals that there are too many negatives to warrant taking a position. This first post in the series starts at the beginning: getting good investment ideas. Key #1: If something special is happening to a stock, it will be reflected in some kind of unusual activity in the markets. As individual investors, we will never be the first to know; however, unusual activity can be an early sign that allows us to follow the Wall Street profess

Interactive Ads - Google one-ups Yahoo again

Google's ( GOOG ) press release describing the expansion of a beta program for what are being called Gadget Ads has again shown that Google is unparalleled at melding technology and advertising to benefit its bottom line. Gadget Ads are mini-web pages or "widgets" that can be embedded within publisher pages. I have written in the past on Yahoo's ( YHOO ) Smart Ads and how, by more precisely targeting site users and adjusting ad content accordingly, they provide a much desired evolution of the banner or display ad format. Though Smart Ads and Gadget Ads are not really the same, I think it is fair to say that Google has seen the challenge of Smart Ads and has chosen to leapfrog Yahoo by rolling out its own update to the display ad format. The evolution of the Gadget Ad -- One of the trends on the Internet over the last year or so involves software developers creating "widgets" which can be hosted within web pages and blogs. Widgets can be pretty much any

Unlock Stock Market Profits - Key #4

This is the fourth article in a series of posts describing 10 tools to help you identify and evaluate good investing ideas. It is based on a post that provides a summary of the ten keys that individual investors should use to identify profitable stock trades. ( Click here to read the original post ) With this fourth post, we will continue another step along the path of finding stocks that seem to have some potential. The first post in the series discussed how to use unusual activity to identify investing ideas. The second post described how to use stock screeners. The third post described how to use lists of new highs and new lows. This post will focus on identifying social or business trends in order to find investing ideas. Information on new trends might turn up anywhere. In conversation with friends or business associates, in newspapers or magazines, on TV or though your work. The key is to be aware of trends and how they start, stop or change. We'll start by describing wh