Sunday, August 24, 2014

Version 7 of Trade-Radar Stock Inspector - release announcement

Yes, at long, long last a new version is available! I am very pleased to be able to announce that Stock Inspector Version 7 is here and it is guaranteed to make finding Buy and Sell signals simpler.

The major new features in this version significantly improve the ease of use of the program and add valuable new functionality. Here is a quick overview: 

New Watch List and Watch List Reports plus Automated Data Download and Signal Generation

Watch List functionality has been added:
  • Click a checkbox on the Dashboard screen to designate a stock to be on the Watch List
  • Ability to run unattended Batch Load updates for all Watch List stocks - downloads latest stock data and fundamentals and automatically generates up-to-date Buy/Sell signals viewable in Watch List reports
  • Two reports have been created to monitor the results of data loading and signal analysis
    • Watch List – All Signals Report: shows the result of analysis from the point of view of both BUY signal and SELL signal for each stock
    • Watch List - Primary Signals Report: this report shows you the current valid signal being generated by the latest data for each stock on your Watch List
  • New toolbar button that allows you to filter the stock list to just Watch List stocks
  • Ability to sort Primary Signals report data and display in two views:
    • Tabular spreadsheet format – supports the following features:
      • Ability to sort data prior to running report
      • While viewing report, sort data by double-clicking on column headings
      • Launch pop-up chart by double-clicking on stock symbol
      • Rows are color-coded so you can quickly identify Buy/Hold/Sell situations
    • Standard report format
      • Print-ready report showing latest signal status
      • Ability to sort data prior to running report

Enhanced chart screen and trading style control

The program can now be adjusted to support different kinds of trading styles. If you are a very short-term trader or a long-term buy-and-hold investor, the program now allows you to tailor the way the Buy and Sell signals are generated to conform with your individual time horizon.

The Chart screen now has a drop-down that allows you to set the data window for signal evaluation. You can select a Short-Term signal, a Medium-Term signal and a Long-Term signal.

For example, when set to Short-Term, the program will zero in on the most recent price data and look for reversals within that small window of time. Larger trends only apparent over the long term may be ignored but quick, tradable price movements within those larger trends may be identified and allow quick trading in and out of a stock. Indeed, this may be the most reliable way to use Stock Inspector! Try it and see!

Dashboard – modified indicators

Changed the action of the following Trade-Radar proprietary technical analysis indicators:
  • “In the Zone” indicator – program now takes into account Signal Strength and the Trend and Slope Indicators when determining whether a BUY or SELL signal is truly valid
  • Trend Diff – if there is no inflection point (no bend in the slope line) then Trend Diff is evaluated in terms of whether it is extending the current signal and may be set to Green. Previously, it forced the Trend Diff indicator to Red
  • Minor bug fixes

Charts – several important new features

  • Program is more sensitive to new, emerging signals
  • When you switch signals, i.e., going from looking for a BUY signal to looking for a SELL signal, the program uses all available data to identify the signal
  • Style Drop-down – allows you to select whether to look for a Short-Term signal, a Medium-Term signal and a Long-Term signal. Going from Short to Medium to Long-Term allows you to look for progressively longer-term signals across wider swaths of data
  • Added new Previous/Next buttons that allow you to sequence through the list of stocks and automatically display the latest chart. No need to pick the stock from the drop-down list of symbols.

Program Preferences

  • Added a new Chart setting:
    • Select line thickness for slope lines and moving averages on charts: thick or thin
  • Added new Time Period settings to control width of Data Window used for analysis:
    • Define how many days of data is required for a Short-Term signal, a Medium-Term signal and a Long-Term signal
    • Select from a drop-down which style of signal should be the default when you open up a chart: a Short-Term signal, a Medium-Term signal and a Long-Term signal

Stock Inspector is now available at two price points

During the 45-day evaluation period, users will have unlimited access to all functionality in the program.

After the evaluation period ends, users will only have access to charts and portfolio data. The Dashboard will be disabled and users will lose access to the automated data download and signal generation and all the reports including the tabular report.

To enable the program’s premium features, purchase of a registration key is required. Two types of registration are available:

  1. For those users with more modest needs, we offer a lower priced standard version.

  1. For those traders and power users who can make best use of all the automation we now offer a PRO version at a slightly higher price point.

Download it today

We are confident that Trade-Radar Stock Inspector is simply the best software available for identifying reversals in stocks and ETFs. It is as effective and certainly easier to use than competitors that are many times more costly. We believe that once you try Stock Inspector you will absolutely agree.

Head on over to our [ download page ] to read more and get the latest version of Stock Inspector. 

Be sure to read the Help file for more details on how best to take advantage of all the powerful new features packed into version 7.

Good luck investing!