Skip to main content

Faster, better, easier -- new Stock Inspector software release is best yet

I'm excited to announce that a new release of the Trade-Radar Stock Inspector software is available.

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
  • Volume
  • Aroon
  • Chaikin Money Flow
  • Wilder’s DMI (ADX)
  • MACD
  • Slow Stochastics
  • Williams %R
  • Relative Strength
  • Money Flow Index
All the technical analysis indicators in the list are also evaluated in the Dashboard. Now you can get a visual impression of the indicator and easily compare to the Trade-Radar evaluation.

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!
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

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

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 what...
6 comments
Read more