I have been neglecting this blog lately and barely paying attention to the markets. Rest assured, though, I haven't been slacking. I have been working on a new approach for using the TradeRadar software. I have developed a method of scanning practically the whole stock market and applying an automated version of the TradeRadar signal software. The tests involved have been beefed up and made more rigorous. Given that the process is automated, there is less left to interpretation. How it works I scan the AMEX, the NYSE and the NASDAQ. That amounts to over 8500 securities including stocks, ETFs and closed end funds. The most up-to-date list of symbols for each exchange is read in. Then the software sequences through each symbol in each exchange, pulling in a year's worth of daily data and looking for recent trend reversals. In addition to the basic TradeRadar signal, trend lines are calculated and analyzed for direction (up or down) and steepness of the angle. To help confirm the ...