Skip to main content

Advance Release - TradeRadar Stock Analysis Software version 4.1

Tonight I'd like to announce the advance release of the TradeRadar stock analysis software version 4.1

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 upgrade

Tonight, 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.

Full install on the way --

The full install of version 4.1 should be available later this week in the Download section of this site. I'll provide a post on this blog to let you know when it's ready.

Feedback welcome --

Questions, comments and any other feedback is welcome. Leave a comment or email me directly.
Labels:

Comments

Post a Comment

Popular posts from this blog

Time to be conservative with your 401K

Most of the posts I and other financial bloggers write are typically focused on individual stocks or ETFs and managing active portfolios. For those folks who are more conservative investors, those whose main investment vehicle is a 401K, for example, the techniques for portfolio management might be a little different. The news of stock markets falling and pundits predicting recession is disconcerting to professional investors as well as to those of us who are watching our balances in an IRA or 401K sag. What approach should the average 401K investor take? Let's assume that the investor is contributing on a regular basis to one of these retirement accounts. There are two questions that the investor needs to ask: 1. Should I stop putting the regular contribution into stocks? My feeling is that investors making regular contributions are being handed a present by the markets. Every week the market goes down, these investors are lowering their average cost. When markets reco...
7 comments
Read more

Brazil - in a bubble or on a roll?

A couple of years ago, no one recognized the real estate bubble even though it was under everyone's nose. Now, analysts and bloggers are seeing bubbles everywhere they look. One of them, they say is in Brazil whose Bovespa stock market index has doubled in the last 12 months. Does the bubble accusation hold water? I don't think so and here are 7 reasons why Brazil is by no means a bubble economy: Exports have held up over the past year thanks to demand from China for Brazil's soya exports and iron ore. This was helped by the the Brazilian government's drive to improve trade links with Asia and Africa. Export diversification, spurred by a more active trade policy and increased focus on "south-south" trade under current president Lula, helped mitigate the decline in demand from OECD (Organization for Economic Co-operation and Development) countries A "sensible" economic framework has been in place since the 1990's. This has included inflation ...
4 comments
Read more

The Trouble with Trend Reversal Indicators

Many of us use various trend reversal indicators to time our trades. Our desire is to determine when prices have changed direction so that we can ride the new trend. Why doesn't it always work out? The first reason, of course, is that unforeseen events often drive prices in unexpected directions. That is something we can't change and it often makes all of us technical traders crazy. On the other hand, sometimes an unforeseen event is a prelude to a new trend. A stock spikes up on a what seems to be a one-time piece of good fortune and soon falls back. Does it start making its way back up or does it resume a previous down trend? The conflict within trend reversal indicators is that, though they can definitely tell when prices change direction, they suffer from two problems. One, they often can't determine how significant that move in prices actually will be. Two, they are often lagging indicators. As such, they can be late in providing a signal, sometimes leading the investo...
1 comment
Read more